Investment & Financing
Asia Alternatives Announces Fund Closings of US$2 billion
BEIJING and HONG KONG and TOKYO and SAN FRANCISCO, Jan. 26, 2022 /PRNewswire/ -- Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close ofUS$2 billion in new commitments across Asia Alternatives Capital Partners VI, LP and several fun...
Asia Alternatives Announces Fund Closings of US$2 billion
BEIJING and HONG KONG and TOKYO and SAN FRANCISCO, Jan. 25, 2022 /PRNewswire/ -- Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close ofUS$2 billion in new commitments across Asia Alternatives Capital Partners VI, LP and several fun...
Peregrine Connect, LLC Announces Completion of Spin-Off from Neudesic, LLC
IRVINE, Calif., Jan. 26, 2022 /PRNewswire/ -- Peregrine Connect is excited to announce the spin-off from Neudesic, LLC into its own company. By spinning off into its own company, Peregrine Connect is now positioned to invest heavily in its "customer experience, go-to-market functions, and rese...
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
* 2.8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs * Ultium Platform driving GM's commitment to an all-electric future LANSING, Mich., Jan. 26, 2022 /PRNewswire/ -- Ultium Cells, a joint venture of LG Energy Solution and General Motors, tod...
GigaMedia Announces Partial Conversion of Convertible Note of Aeolus Robotics Corporation
TAIPEI, Jan. 25, 2022 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that, onJanuary 21, 2022, the Company has received the certificates of the 735,835 shares of the Series B preferred shares issued by Aeolus Robotics Corporation ("Aeolus"), as a result of its conversion of 20% ...
Radancy Announces Acquisition of Firstbird - A Global Leader in SaaS Based Employee Referral Programs
NEW YORK, Jan. 25, 2022 /PRNewswire/ -- Radancy, the global talent technology leader, is pleased to announce its plans to acquire Firstbird, a global leader in SaaS based employee referral programs. Based inVienna, Austria, Firstbird offers a comprehensive software solution to digitize and stream...
AgriTech Startup Greenlabs Bags $140M Series C to Accelerate Global Expansion
SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Greenlabs, a startup member of Born2Global Centre, has announced that it has raised $140M in a Series C funding round to accelerate its global expansion. Three institutional investors participated in the latest round:BRV Capital Management; Skylake...
LOTTE HOTEL expands its global operation with lifestyle hotel brand 'L7' launching in Chicago
* LOTTE HOTEL acquired 'Kimpton Hotel Monaco' USA * L7 brand to be launched, actively setting out to USA * A historical stroke of 'K-hotel' connecting East(NYC)-Middle(Chicago)-West( Seattle) SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- The biggest hotel group inSouth Korea, LOTTE HOTEL ...
Asia's leading HR technology platform Darwinbox raises $72 Million funding led by Technology Crossover Ventures (TCV) at $1B+ valuation
SINGAPORE and HYDERABAD, India, Jan. 25, 2022 /PRNewswire/ -- Darwinbox, Asia's fastest growing HR tech platform, marks another milestone with a$72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Light...
Lifebit partners with NIHR Cambridge Biomedical Research Centre to launch the CYNAPSE platform for next-generation genomics research
LONDON, Jan. 25, 2022 /PRNewswire/ -- Lifebit today announces a long-term partnership where Lifebit's technology, Lifebit CloudOS, will power a cloud-based Trusted Research Environment (TRE) to serve as the scalable and secure data management and analysis platform for researchers at the National ...
Ocean Winds and Aker Offshore Wind Reach Key Electric Business License Milestone for Floating Offshore Wind Project in South Korea
OSLO, Norway, Jan. 25, 2022 /PRNewswire/ -- Korea Floating Wind ("KF Wind"), a joint venture between Ocean Winds (66,7%) and Aker Offshore Wind (33,3%), has obtained its first Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for a capacity o...
Deliverect Raises $150 Million in Series D Funding, as it Reaches 100 Million Orders Processed
Company also announces launch of Deliverect App Store, building a dedicated
ecosystem for online order automation
NEW YORK and LONDON, Jan. 25, 2022 /PRNewswire/ -- Deliverect
Havas Group acquires Paris-based MedEd specialist Raison de Santé to Reinforce its Global Medical Education Offering within Havas Health & You
PARIS, Jan. 25, 2022 /PRNewswire/ -- Havas Group today announced the acquisition of Raison de Santé, aParis-based agency that specializes in medical education that has supported numerous health companies since its conception in 2008. This integration continues the exponential growth of Havas Heal...
SML Acquires Sumzed AB
DALLAS, Jan. 25, 2022 /PRNewswire/ -- SML
KILDE, a Singaporean regulated platform for alternative investments, hits US$830K (S$1.12M) total funding with pre-Seed round
SINGAPORE, Jan. 25, 2022 /PRNewswire/ -- KILDE
Optina announces a US$2.1M investment from the Diagnostics Accelerator at the Alzheimer's Drug Discovery Foundation (ADDF)
MONTREAL, Jan. 24, 2022 /PRNewswire/ -- Optina, an innovative diagnostics company, leader in retinal imaging, brain health and systemic disease detection, announces the closing of an up toUS$2.1M investment from the Alzheimer's Drug Discovery Foundation (ADDF). The investment will be made throug...
Globalization Partners, the Leading Global Employment Platform, Raises $200 Million to Fund Continued Growth
Investment from Vista Credit Partners Values Company at $4.2 Billion BOSTON, Jan. 24, 2022 /PRNewswire/ -- Globalization Partners, ("G-P" or "the Company") the leading global employment platform that simplifies remote team building by making it fast and easy for companies to hire anyone, anywhere...
Globalization Partners, the Leading Global Employment Platform, Raises $200 Million to Fund Continued Growth
Investment from Vista Credit Partners Values Company at $4.2 Billion BOSTON, Jan. 24, 2022 /PRNewswire/ -- Globalization Partners, ("G-P" or "the Company") the leading global employment platform that simplifies remote team building by making it fast and easy for companies to hire anyone, anywhere...
The Green Coffee Company Funds $13.2 million Series B Round to bring total equity invested to $25 million; On Path to Becoming Colombia's #1 Largest Coffee Producer
MEDELLIN, Colombia, Jan. 24, 2022 /PRNewswire/ -- The Green Coffee Company (GCC), a Legacy Group portfolio company, is pleased to report that it has fully funded its Series B funding round, which the company recently upsized by$3.5 million due to high demand to $13.2 million (USD). There are curr...
Buyer Consortium Led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited Announces Non-Binding Offer to Acquire Hollysys
SINGAPORE and HONG KONG, China, Jan. 24, 2022 /PRNewswire/ -- Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited, as certain members of the buyer consortium, announced today that, on December 3, 2021, the consortium submitted a non-binding proposal...
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