Investment & Financing
SmartKem, Inc. Closes $2.0 Million Common Stock Private Placement
MANCHESTER, England, Jan. 28, 2022 /PRNewswire/ -- SmartKem, Inc. (OTCQB: SMTK), a company seeking to reshape the world of electronics with a revolutionary semiconductor platform that enables a new generation of displays, sensors and logic, announced that it has consummated the sale of 1.0 millio...
Samsung Biologics reaches agreement with Biogen to acquire full ownership of Samsung Bioepis
* Agreement with Biogen to buyout Biogen's (50% -1 share) stake in Samsung Bioepis Joint Venture for up to USD$2.3 billion * Transaction projected to be accretive to earnings in 2022 and thereafter, fully capitalizing on the high growth potential of Samsung Bioepis * Expected to accelerate g...
Zenix Consummates the Going Private Transaction
BEIJING, Jan. 27, 2022 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) (the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, today announced the completion of its merger (the "Merger") with Ne...
Hyundai Mobis invests in high-resolution radar startup to accelerate Level 4 or higher autonomous driving
* Investing significant amount in Zendar to develop high-resolution 'imaging radar.' * Achieving high performance radar comparable to Lidar, which can fulfill level 4 or higher-level driving automation. * Enhancing future competitiveness by securing sensor technologies for cameras, radars a...
Enable Injections Announces $215 Million Financing
New financing provides significant financial flexibility to propel growth efforts, benefitting patients, providers, and pharma partners worldwide. CINCINNATI, Jan. 27, 2022 /PRNewswire/ -- Enable Injections, Inc. ("Enable"), a company developing and manufacturing the enFuse® platform of investiga...
Ractigen Therapeutics closes an additional $30 million in Series A+ funding to push development of its RNAa platform
NANTONG, China, Jan. 27, 2022 /PRNewswire/ -- Ractigen Therapeutics, a pioneer of the RNAa technology, today announced the closing of a Series A+ financing round totaling$30 million led by SDIC Venture Capital with participation from Eisai Co., Ltd., LC Ventures, CSSD Capital, and Xianghe Capital...
Newlinks Technology Limited Announces the Completion of its E Round with Additional Investments from CR Capital Management
BEIJING, Jan. 27, 2022 /PRNewswire/ -- Newlinks Technology Limited ("Newlink" or the "Company"), a leading provider of energy technology platforms inChina, today announced that the Company has raised a new investment from CR Capital Management. This investment, in addition to the previously ann...
Wheels Up Announces Agreement to Acquire Air Partner
NEW YORK and LONDON, Jan. 27, 2022 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), the leading brand in private aviation, today announced it has reached an agreement to acquire Air Partner PLC (LSE: AIR), a U.K.-based global aviation services group with operations in 18 locations and across...
Kaddra Pte Ltd secures additional US$2.5 million seed funding from existing investors amid rapid growth.
SINGAPORE, Jan. 27, 2022 /PRNewswire/ -- Kaddra, the award-winning Singapore -based tech company, announced today the closing of aUS$2.5 million additional seed funding round. This investment brings Kaddra's total seed funding toUS$5.5 million and will enable the company to accelerate its growth, ...
DEAC and Neste to cooperate on sustainable data storage solutions
HELSINKI and RIGA, Latvia, Jan. 27, 2022 /PRNewswire/ -- DEAC and Neste join forces to cooperate on sustainable data storage solutions. DEAC is one of the largest independent data centers inNorthern Europe, which has been acquiring renewable electricity starting from 2021. Cooperation with Neste,...
Okada Manila Delivers Exceptional Fourth Quarter and 2021 Results, Exceeding EBITDA Projections by 122%
- Fiscal Year 2021 total revenue exceeded forecasts by 26% and adjusted EBITDA surpassed guidance by 122% MIAMI, Jan. 27, 2022 /PRNewswire/ -- 26 Capital Acquisition Corp. (NASDAQ: ADER), a Nasdaq-listed special purpose acquisition company ("SPAC"), today announced the fourth quarter and full-ye...
ReCarbon completes USD 25 million Series B-1 funding round with strategic and financial investors
SANTA CLARA, Calif., Jan. 27, 2022 /PRNewswire/ -- ReCarbon, (
https://recarboninc.com
Proptech platform APLUS has successfully raised a capital investment of US$ 2 million for the Seed Round - 1st tranche
HO CHI MINH CITY, Vietnam, Jan. 26, 2022 /PRNewswire/ -- On January 19, 2022, the real estate technology platform Proptech APLUS, launched by Beta Group, announced the successful funding ofUS$ 2 million, led by Asia Business Builder (ABBPE FundCo) investment fund for the seed round (1st tranche)....
52TOYS Aims to Be the First Brand of Collectible Toys in China
BEIJING, Jan. 26, 2022 /PRNewswire/ -- On September 2021, 52TOYS closed its series C financing of62.8 million USD, the largest funding in the industry in China. The company has also submitted a very satisfying sales report in this year's Double 11 Shopping Festival (China's Black Friday), with th...
Intellect Closes US$10M Series A to Scale Mental Healthcare Across Asia
* Funding round is led by HOF Capital; new investors include Headline, East Ventures, MS&AD Ventures, DG Daiwa Ventures and Pioneer Fund. * Existing investor Insignia Ventures Partners and notable angel investors * Funding will be used to rapidly scale mental healthcare access, grow product,...
Venus Medtech Concludes Acquisition of 100% Equity Interest in Cardiovalve
HANGZHOU, China, Jan. 26, 2022 /PRNewswire/ -- Venus Medtech (Hangzhou) Inc. (Venus MedTech, 2500.HK), a leading, innovative Chinese structural heart disease treatment company, announced its acquisition of 100% equity interest in Cardiovalve Ltd. (Cardiovalve), a pioneering transcatheter mitral a...
Haitong International Completes its First U.S. SPAC deal for Keyarch Acquisition
HONG KONG, Jan. 25, 2022 /PRNewswire/ -- Haitong International Securities Group Limited ("Haitong International"; Stock Code: 665.HK) today announced that it has completed an IPO deal for Keyarch Acquisition Corporation ("Keyarch Acquisition" or "The Company", Stock Code: KYCHU), which listed o...
TutorABC has been acquired by a group of international investors and announces plans for further expansion in Taiwan and to other international markets
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Genesis Systems, leading U.S. sustainable water technology start-up, breaks fundraising records with early round led by X-PRIZE's Global Water Prize Co-founder.
TAMPA, Fla., Jan. 26, 2022 /PRNewswire/ -- Genesis Systems, creator, and manufacturer of the world's first and only sustainable air to water systems that can carbon (CO2) capture broke early fund-raising records in the water technology industry. The oversubscribed Seed Series of$10.25 Million ena...
New agreement between Saudi Ministry of Culture and Cirque du Soleil Entertainment Group opens door for major new productions in the Kingdom
- Cirque du Soleil set to bring some of its top shows and award-winning performances toSaudi Arabia. - The agreement with Cirque du Soleil will further the cultural ecosystem as Saudi Arabia's performing arts sector expands. - Agreement will see the two parties develop a plan to establish a reg...
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