Investment & Financing
Franchise In UAE T20 League Acquired By Lancer Capital
- Six-team League scheduled to be held in February and March 2022 - - UAE T20 League is Emirates Cricket Board's sanctioned, flagship professional T20 League - The Chairman of Lancer Capital, Avie Glazer, is also an owner of the Tampa Bay Buccaneers and the Co-Chairman of Manchester United DUBA...
Arthur J. Gallagher & Co. Acquires Sound Insurance Services
ROLLING MEADOWS, Ill., Dec. 2, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Caulfield,Victoria-based Sound Insurance Services. Terms of the transaction were not disclosed. Founded in 2011 by Simon Feldman and Morris Alessi, Sound Insurance is a retail propert...
Franchise in UAE T20 League Acquired By Lancer Capital
DUBAI, UAE, Dec. 2, 2021 /PRNewswire/ -- Lancer Capital has made its first ever
historic foray into cricket by acquiring a franchise in the UAE T20 league.
Shell completes sale of its Permian business to ConocoPhillips
HOUSTON, Dec. 2, 2021 /PRNewswire/ -- Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for$9.5 billion in cash. The agreement covers the sale of Shell's 225k net acres and existing production of around 175 thousan...
LMS365 and Go1 Deepen Partnership with Content Deployment Integration
AARHUS, Denmark, Dec. 2, 2021 /PRNewswire/ -- LMS365 today announced an integration with the world's largest digital learning platform, Go1. This integration further deepens and expands the value delivered to Go1 and LMS365 joint customers by allowing users to seamlessly push curated content play...
TeamGRIT targets Japan's robotics market through global partnership
YOKOHAMA, Japan, Dec. 1, 2021 /PRNewswire/ -- Korean IT company TeamGRIT, a joint venture member ofBorn2Global Centre, has partnered up with Japanese IT consultancy Ankocare and established a joint venture, Remote Robotics (R2), in Yokohama, Japan, in an effort to enter the Japanese robotics marke...
RISE Education Reaches Definitive Agreements for the Sale of Rise (Tianjin) Education Information Consulting Co., Ltd., RISE Education International Limited and Rise IP (Cayman) Limited
BEIJING, Dec. 1, 2021 /PRNewswire/ -- RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), today announced that onDecember 1, 2021, the Company, Wuhan Xinsili Culture Development Co., Ltd. (the "Buyer SPV"), Rise ( Tianjin) Education Information Consulting Co., Ltd. ("WFOE"), Beijin...
Ember Closes $23.5M Series E to Accelerate Category Expansion and International Growth
Ember's Latest Funding is a Vote of Confidence in the Brand's Robust Patent Portfolio LOS ANGELES, Dec. 1, 2021 /PRNewswire/ -- Today, Ember Technologies, Inc. (Ember®), the global temperature control brand and technology platform, announces a$23.5 million Series E funding round led by GOLDTek T...
MKD sets up JV in Electric Trucks arena
SHANGHAI, Dec. 1, 2021 /PRNewswire/ -- Molecular Data Inc. (NASDAQ: MKD) has announced a joint venture (JV) with GY Energy Tech (a company funded by several PRC Energy SOEs). The JV will help diesel trucks to be replaced with more efficient new energy trucks ("truck battery separation" mode). Th...
NEOM and Volocopter establish joint venture to create the world's first bespoke public eVTOL mobility system
NEOM, Saudi Arabia, Dec. 1, 2021 /PRNewswire/ -- NEOM, the smart and sustainable regional development in northwestSaudi Arabia and Volocopter, the pioneer of urban air mobility, have established a joint venture (JV) company to design, implement, and operate the world's first bespoke public vertic...
Arthur J. Gallagher & Co. Completes Acquisition of Willis Towers Watson plc Treaty Reinsurance Brokerage Operations
ROLLING MEADOWS, Ill., Dec. 1, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed the acquisition of substantially all of the treaty reinsurance brokerage operations fromWillis Towers Watson plc. Together with Gallagher's existing reinsurance operations, the co...
Great Bay Bio Completes a Near USD 10M Series A Fundraising
HONG KONG, Dec. 1, 2021 /PRNewswire/ -- Great Bay Bio (hereinafter referred to as "GBB") is pleased to announce today the completion of its nearUSD 10M series A fundraising led by Proxima Ventures. The round was oversubscribed and upsized with participation by many new and existing institutional ...
Simpl Announces 40M in Series B Funding
BANGALORE, India, Dec. 1, 2021 /PRNewswire/ -- Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, has raised a$40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This inves...
Harrison.ai raises AUD$129 million and partners with Sonic Healthcare to develop pathology AI, accelerating its mission to expand capacity of global healthcare
$129 million funding raised from global venture firms and strategic investors including Horizons Ventures, I-MED Radiology and Sonic Healthcare in one of Australia's largest Series B funding rounds ever New pathology Joint Venture combines Harrison.ai's expertise in clinical artificial intelligen...
Four Companies Join Forces to Redevelop Sihanoukvill City into a Fintech Hub and Elite Club
PHNOM PENH, Cambodia, Dec. 1, 2021 /PRNewswire/ -- Continent Assets Management Co., Ltd, PLMP Venture Capital Co., Ltd, PropNex Cambodia Co., Ltd and Ly Ly Kampong Seila Special Economic Zone Co., Ltd signed a memorandum of understanding (MOU) onNovember 17th 2021, to join strategic cooperation i...
AI optimization technology startup Nota raises $14.7M USD series B with recognition from global enterprises for its technology
SEOUL, South Korea, Dec. 1, 2021 /PRNewswire/ -- Nota, an AI optimization
platform startup, has acquired series B funding amounting toUSD 14.7M that is
announcing today.
WM Motor Secures US$152 Million Series D2 Financing Led by Agile Group
SHANGHAI and HONG KONG, Dec. 1, 2021 /PRNewswire/ -- WM Motor Holdings Limited ("WM Motor," the "Group" or the "Company"), a dominant smart EV player inChina's mainstream market, today announced a Series D2 financing ofUS$152 million led by Agile Group Holdings Limited ("Agile"), an integrated co...
Stena RoRo's E-Flexer Salamanca delivered to Brittany Ferries - Introducing LNG dual fuel operation
STOCKHOLM, Dec. 1, 2021 /PRNewswire/ -- The Salamanca, the second of five ships in the E-Flexer class ordered by Stena RoRo forBrittany Ferries was delivered on November 30. The vessel is the sixth E-Flexer of twelve ordered from the Chinese shipyard CMI Jinling (Weihai). TheSalamanca will be char...
Stena RoRo's E-Flexer Salamanca delivered to Brittany Ferries - Introducing LNG dual fuel operation
STOCKHOLM, Dec. 1, 2021 /PRNewswire/ -- The Salamanca, the second of five ships in the E-Flexer class ordered by Stena RoRo forBrittany Ferries was delivered on November 30. The vessel is the sixth E-Flexer of twelve ordered from the Chinese shipyard CMI Jinling (Weihai). TheSalamanca will be char...
IBM Acquires Hybrid Cloud Consulting Business in Australia
SXiQ's skilled delivery professionals bring deep experience on multicloud platforms ARMONK, N.Y., Dec. 1, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced the acquisition of SXiQ, an Australian digital transformation services company specializing in cloud applications, cloud platforms and cl...
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