Investment & Financing

Cassini Systems Secures $20.5 Million Growth Round Led by Ten Coves Capital

2021-12-09 20:00 2396

LONDON, Dec. 9, 2021 /PRNewswire/ -- Cassini Systems, Ltd, a leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, today announced it has just completed a$20.5 million growth financing round led by Ten Coves Capital and joined by existing inv...

An Aerospace Stock You Can Buy & Hold

2021-12-09 15:31 3268

HONG KONG, Dec. 9, 2021 /PRNewswire/ -- Elon Musk warned SpaceX employees that the firm could face a possible bankruptcy if it doesn't make progress on developing the engines; his financial concerns dragged down several low-orbit satellite concept stocks inTaiwan by the following day. Although El...

Digital Edge Accelerates Growth in South East Asia with Expansion into Philippines

2021-12-09 11:26 3959

SINGAPORE, Dec. 9, 2021 /PRNewswire/ -- Digital Edge (Singapore) Holdings Pte. Ltd. ("Digital Edge" or the "Company") today announced the establishment of a joint venture inthe Philippines with the Threadborne Group, a local family office focused on technology and...

Tonik secures USD 100 million in Consumer Deposits within 8 months of launch

2021-12-09 09:00 3102

MANILA, Philippines, Dec. 9, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank, continues to blaze a trail in the local banking industry by surpassingP5B (US$100M) in consumer deposits. The development comes within only8 months of the neobank's launch of commercial operation...

Irongate Group announces acquisition of two properties and institutional placement; guidance upgraded

2021-12-09 08:49 4254

SYDNEY, Dec. 9, 2021 /PRNewswire/ -- Irongate Group (ASX: IAP; JSE: IAP) has today announced the acquisition of an industrial business park inPerth, the acquisition of an A-grade office building inMelbourne and a fully underwritten institutional placement. IAP has agreed to acquire the property ...

Servatus raises $7.5 million to advance autoimmune therapies with its microbial biotherapeutics clinical programs

2021-12-09 07:35 3710

* Servatus has raised $7.5 million in an oversubscribed capital raise, with strong support from sophisticated shareholders * Funds raised will underpin Servatus' live microbial and engineered protein biotherapeutics drug development * Two Phase 1/2 clinical trials to launch shortly in Queens...

Ascend to expand compound production to Latin America

2021-12-09 05:11 4175

HOUSTON, Dec. 9, 2021 /PRNewswire/ -- Ascend Performance Materials has announced plans to purchase a compounding facility inSan Jose Iturbide, Mexico, growing its global footprint and expanding production capacity for high-performance engineered materials. The purchase agreement includes the ass...

MoEngage Raises Additional Funding of $30M led by Steadview Capital, Achieves 120% Growth YoY

2021-12-09 00:00 3388

SAN FRANCISCO, Dec. 8, 2021 /PRNewswire/ -- MoEngage , the insights-led customer engagement platform, today announced that it has raised an additional$30M USD in funding, more than doubling the company's previous valuation from its earlier Series C1 investment in July. ...

Novalis LifeSciences Launches its Second Life Science Investment Fund with $300M and announces key new team members.

2021-12-09 00:00 2126

HAMPTON, N.H., Dec. 8, 2021 /PRNewswire/ -- Novalis LifeSciences LLC, an investment and advisory firm for the Life Science industry, announced today that is has raised$300M in capital for its second fund – Novalis LifeSciences Investments II, LP. In addition,Paul M. Meister has joined the firm as...

Oriental Culture Signs Securities Purchase Agreements to Raise Capital

2021-12-08 21:15 3431

HONG KONG, Dec. 8, 2021 /PRNewswire/ -- Oriental Culture Holding LTD. ("OCG" or the "Company") (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced it has entered into Securities Purchase Agreements ("Agreements") with two investors ("Investors...

Rapyd Acquires Hong Kong-Based Neat to Expand Small and Medium Business Trade Capabilities across Asia and Globally

2021-12-08 15:00 4950

HONG KONG and LONDON, Dec. 8, 2021 /PRNewswire/ -- Rapyd , a global Fintech-as-a-Service company has agreed to acquireHong Kong-based Neat , a cross-border trade enabling platform for SMBs and startups. Neat provides full company incorporati...

FETC helps Thailand build smart highways

2021-12-08 11:50 4904

TAIPEI, Dec. 8, 2021 /PRNewswire/ -- Taiwan-based Electronic Toll Collection (ETC) system provider Far Eastern Electronic Toll Collection (FETC) recently collaborated with BGSR Joint Venture formed by a group ofThailand's leading companies BTS, Gulf, STEC and Ratch, in Public-Private Partnership ...

US EXIM Bank Issues Ironbark Zinc (ASX:IBG) with Preliminary Funding Approval

2021-12-08 10:36 3370

Highlights * US EXIM has issued Ironbark with a Preliminary Project Letter (PPL) offering up toUS$657m in debt funding to cornerstone the development of the Citronen Project * Key commercial details of the indicative Term Sheet include (all dollar figures USD): - Loan Amount – up to $657m co...

South Korean Agritech E Green Global Secures Investment from ADB Ventures to Enhance Asia-Pacific Food Security

2021-12-08 09:00 6841

SEOUL, South Korea, Dec. 8, 2021 /PRNewswire/ -- Advanced crop technology companyE Green Global Co. Ltd. (EGG) announced today that it has raised additional equity funding fromADB Ventures , the venture capital arm of the Asian Development B...

Venus Medtech Acquires Cardiovalve to Optimize its Innovative Products Pipeline of Mitral and Tricuspid Valve Replacement

2021-12-08 08:28 5023

HANGZHOU, China, Dec. 8, 2021 /PRNewswire/ -- Venus Medtech (Hangzhou) Inc. (Venus MedTech, 2500.HK), a leading, innovative Chinese structural heart disease treatment company, announced its acquisition of Cardiovalve Ltd. (Cardiovalve), a pioneering transcatheter mitral and tricuspid valve treatm...

Advent International Announces Launch of Orveon, Closing of Agreement with Shiseido Americas

2021-12-07 22:00 5443

Orveon unites iconic cosmetics brands bareMinerals, BUXOM and Laura Mercier to pave the future of the industry and change beauty for the better BOSTON, Dec. 7, 2021 /PRNewswire/ -- Advent International ("Advent"), one of the largest and most experienced global private equity investors, today ann...

SyMap Medical Ltd. Closes Largest Financing Round in Renal Denervation Field

2021-12-07 20:30 2879

SUZHOU, China, Dec. 7, 2021 /PRNewswire/ -- SyMap Medical (SyMap) announced its latest financing round of nearly$100 million led by Primavera Capital and VMS Group, with the participation of existing investors Simiao Equity Investment and Sequoia Capital China. CEC Capital served as the exclusive...

Urban Tiller announces foray into Alternative Proteins through new product range

2021-12-07 17:44 5108

SINGAPORE, Dec. 7, 2021 /PRNewswire/ -- Farm-to-table eGrocery startup, Urban Tiller , is venturing into the fast-growing alternative proteins market with our new product range, OLERI. The OLERI range of products offers high quality Rubisco and other Leaf Protein Conc...

Indonesia is ready to welcome US investors in local thriving start-ups

2021-12-07 17:30 2600

JAKARTA, Indonesia, Dec. 7, 2021 /PRNewswire/ -- In a bid to promote local potential and further support start-ups, theIndonesia's Ministry of Communication and Informatics has initiated an online networking event forthe United States (US) investors on December 13, 2021. The event is a part of...

bolttech welcomes new strategic investor, BRV

2021-12-07 15:57 4527

SINGAPORE and SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ -- bolttech , the fast-growing international insurtech, today announced it has welcomed another strategic investor, BRV Capital Management (BRV), anAsia-based investment platform. The addition follows bolttech's ...

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