Investment & Financing

The New Era Biotechnology deepens cooperation between China and Belarus in the Great Stone China Belarus Industrial Park (CBIP)

2021-12-10 23:38 5215

MINSK, Belarus, Dec. 10, 2021 /PRNewswire/ -- As an enterprise in CBIP, the New Era Biotechnology Co., Ltd. participated in the fourth edition of the China International Import Expo (CIIE) which opened inShanghai on November 5, 2021.       Located in Minsk, capital of the Republic of Belarus a...

EduTech Startup GeniRobot to Expand Southeast Asian Market via Thailand Joint Venture

2021-12-10 22:00 5167

SEOUL, South Korea, Dec. 10, 2021 /PRNewswire/ -- From GeniRobot's Thailand -based subsidiary, GENITHAI,plans to expand its EduTech services further into the Southeast Asian market. GeniRobot, is an EduTech enterprise and a joint venture member ofBorn2Global Centre, that has developed and supplied...

Electrolux signs inaugural sustainability linked revolving credit facility

2021-12-10 21:27 5825

STOCKHOLM, Dec. 10, 2021 /PRNewswire/ -- The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existingEUR 1,000 million syndicated facility due to mature inMay 2023. The facility was oversubsc...

Ironbark Raises $4m to Continue Citronen Project Finance Activity in 2022

2021-12-10 12:40 2311

PERTH, Australia, Dec. 9, 2021 /PRNewswire/ -- Ironbark Zinc Limited ( "Ironbark", "the Company" or "IBG") is pleased to update its shareholders with respect to its recently completed capital raise. Highlights * Very strongly supported capital raise completed with $4 million in firm commitmen...

Cakap Secures US$10m in Series B Funding Co-lead by MDI-KB's Centauri and Heritas Capital to Expand More Access for High Quality Education

2021-12-10 10:00 4795

JAKARTA, Indonesia, Dec. 10, 2021 /PRNewswire/ -- Cakap, one of the biggest Edtech platforms inIndonesia, has raised US$10m in an oversubscribed series B round to expand their certified course offering, as well as to fuel its market expansion in providing better access to high quality education i...

Plug and Play to open largest innovation center in Hyderabad, India

2021-12-10 09:10 2462

HYDERABAD, India, Dec. 10, 2021 /PRNewswire/ -- Plug and Play LLC, one of the world's largest early-stage investor, accelerator, and corporate innovation platforms globally is opening itsIndia operations in Q1, 2022. Plug and Play currently has over 35 office locations around the globe and will n...

Blue Owl Capital Acquires Ascentium to Establish Hong Kong Presence as Part of Further APAC Expansion

2021-12-10 09:00 6457

NEW YORK, Dec. 10, 2021 /PRNewswire/ -- Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, today announced it acquired Ascentium Group Limited to establish its physical presence in Hong Kong.  Blue Owl recently opened an office inSingapore, so the Ascentium acquisition and establi...

Ataccama Partners with UST to Transform Enterprise Data Governance

2021-12-10 08:13 4253

TORONTO and ALISO VIEJO, Calif., Dec. 10, 2021 /PRNewswire/ -- Ataccama, a leading Enterprise Data Quality Fabric provider, andUST, a leading digital transformation solutions company, have announced a partnership to deliver AI-powered data management solutions to enterprise organizations. The At...

Planet Green Holdings Corp. Enters Into Share Exchange Agreement

2021-12-10 05:30 4033

NEW YORK, Dec. 9, 2021 /PRNewswire/-- Planet Green Holdings Corp. (the "Company") (NYSE American: PLAG) announced today that onDecember 9, 2021, the Company has entered into a Share Exchange Agreement with Shandong Yunchu Supply Chain Co., Ltd. ("Target") and each shareholder of the Target (colle...

Databricks Announces Databricks Ventures

2021-12-09 22:00 2783

First strategic fund, the Lakehouse Fund, will invest in technology startups across data, analytics, and AI that power the data lakehouse ecosystem SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Databricks, the Data and AI Company, today announced Databricks Ventures, a strategic investment vehicle ...

Levo and Ecolution Power Team Up with Plans to Fund Electric Buses and Charging Stations Powered by Kinetic Energy

2021-12-09 21:30 4986

NAPLES, Fla., Dec. 9, 2021 /PRNewswire/ -- Ecolution Power Company (Ecolution), a clean energy technology company, has signed an LOI to collaborate with Levo Mobility LLC (Levo) to help create the first smart city to achieve net-zero carbon emissions. Ecolution plans to deploy its patented Module...

SellerX Raises $500 Million in Additional Financing, Reaching Unicorn Valuation

2021-12-09 21:00 3387

Acquires KW-Commerce, Becoming One of the Largest E-Commerce Aggregators BERLIN, Dec. 9, 2021 /PRNewswire/ -- SellerX, Europe's leading aggregator of e-commerce businesses, announced today it has raised an additional approximately $500 million in debt and equity financing led by Sofina, funds and ...

Trajan to acquire LEAP PAL Parts

2021-12-09 21:00 3090

MELBOURNE, Australia, Dec. 9, 2021 /PRNewswire/ -- Global analytical science and device company Trajan Group Holdings Limited (ASX: TRJ) (Trajan or the Company) has entered into a binding agreement to acquire the business of LEAP PAL Parts and Consumables, LLC ("LPP"), based in Raleigh North Caro...

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

2021-12-09 20:00 2399

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 3271

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 3964

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 3110

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 4262

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 3717

* 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 4187

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...

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