Investment & Financing
Hyundai Capital and CGI Finance launch Hyundai Capital France
SEOUL, South Korea, Jan. 17, 2022 /PRNewswire/ -- Hyundai Capital Services, a
financial services subsidiary of Hyundai Motor Group, and CGI Finance, a
subsidiary of Societe Generale Group, announce the launch of a joint venture,
Hyundai Capital France (HCF).
DECLOUT COMPLETES MAJORITY ACQUISITION OF ASCENT SOLUTIONS
SINGAPORE, Jan. 17, 2022 /PRNewswire/ -- Singapore-headquartered DeClout Pte. Ltd. ("DeClout") has today completed the acquisition of 70% of Ascent Solutions Pte. Ltd. ("Ascent Solutions"), a leading Singaporean company specialising in IoT and blockchain solutions. Ascent Solutions is an Interne...
Chroma Acquisition of ESS for Further Expansion into Semiconductor Testing Market
TAOYUAN, Taiwan, Jan. 17, 2022 /PRNewswire/ -- Chroma ATE Inc. acquired 100 percent of the shares of Environmental Stress Systems, Inc. (ESS). The main product of ESS consists of thermal forcing systems that can reach temperatures ranging from -104°C to +175°C. This technology enables Chroma to g...
CI&T acquires Somo to accelerate its growth in EMEA
BRISBANE, Australia, Jan. 17, 2022 /PRNewswire/ -- CI&T (NYSE: CINT), a global digital specialist, announces today the execution of a sale and purchase agreement to acquire Somo Global Ltd ("Somo"), an award-winning digital product agency headquartered in the UK, to accelerate its growth in EMEA,...
ViewSonic Announced Winners of the Global "Acceleration for All" Awards
BREA, Calif., Jan. 15, 2022 /PRNewswire/ -- ViewSonic
GETPAID REACHES AGREEMENT TO CLOSE $1.15M FUNDING ROUND BRINGING FINANCIAL WELLNESS TO EMPLOYEES IN SINGAPORE AND INDONESIA
SINGAPORE, Jan. 14, 2022 /PRNewswire/ -- GetPaid, a fast-growing leader of workplace financial wellness solutions, today announced that it has completed a USD 1.15 million financing round. This investment will enable GetPaid to scale and expand its Earned Wage Access (EWA) product acrossSoutheast ...
FTAG Ventures Lead S$6 Million round for Leading Livestreaming Solutions Provider BeLive Technology
SINGAPORE, Jan. 14, 2022 /PRNewswire/ -- FTAG Ventures has led a bridge funding round for a company that wants to reshape livestreaming through deep learning AI integration and advanced analytics capabilities. The venture builder spearheaded aS$6 million bridge funding round for BeLive Technology...
Leapstack Raised Nearly 150 Million Yuan in Series C Round Financing, Catalyzing Transformation of Intelligent Risk Control in Healthcare Insurance
SHANGHAI, Jan. 14, 2022 /PRNewswire/ -- Recently, Shanghai Leapstack Technology Co., Ltd. (hereinafter referred to as Leapstack), an insurtech company, announced that it had raised a Series C round of150 million yuan. This round of fundraising was led by Legend Capital, followed by Peakview Capit...
RedBlue Capital leads $28m seed round for EVage, the leading all-electric Indian light commercial vehicle OEM
- One of India's largest seed rounds NEW DELHI, Jan. 14, 2022 /PRNewswire/ -- US-based venture capital firm RedBlue Capital has investedUSD 28 million in EVage – the leading all-electric commercial vehicle OEM inIndia supplying EV trucks to major delivery fleets such as Amazon India's Delivery S...
PLANET GREEN HOLDINGS CORP. ENTERED INTO FINANCING TRANSACTION
NEW YORK, Jan. 13, 2022 /PRNewswire/ -- Planet Green Holdings Corp. (the "Company") (NYSE American: PLAG) announced today that the Company has entered into a Share Purchase Agreement with three investors (the "Transaction"). Pursuant to the agreement, the Company will receive gross proceeds of$7,...
LEAD, India's largest School EdTech major, becomes first 'EdTech Unicorn' of 2022 after raising $100 mn
~Funding led by WestBridge Capital and GSV Ventures, values firm at $1.1
billion~
MUMBAI, India, Jan. 13, 2022 /PRNewswire/ -- LEAD
MRI Software acquires LeaseEagle to help tenants navigate COVID-related rent relief under IFRS-16
Latest acquisition further increases MRI's APAC presence, support and client base SYDNEY, Jan. 13, 2022 /PRNewswire/ -- Global PropTech leader MRI Software today announces its acquisition ofLeaseEagle, a Melbourne-based regional leader in commercial property lease management solutions for tenant...
VIRNECT, Leading Korean industrial XR solutions company, closes $30 million series B round
SEOUL, South Korea, Jan. 12, 2022 /PRNewswire/ -- VIRNECT, the Seoul, Korea -based industrial XR (Extended Reality) solutions company, announced it raised a $30 million series B round. This round was backed by notable Korean VCs STIC Ventures, Lotte Ventures, strategic investor Hanwha, and institu...
VIRNECT, Leading Korean industrial XR solutions company, closes $30 million series B round
SEOUL, South Korea, Jan. 13, 2022 /PRNewswire/ -- VIRNECT, the Seoul, Korea -based industrial XR (Extended Reality) solutions company, announced it raised a $30 million series B round. This round was backed by notable Korean VCs STIC Ventures, Lotte Ventures, strategic investor Hanwha, and institu...
INTERNATIONAL PROCESS PLANTS ACQUIRES HIGH-PURITY GAS-TO-LIQUIDS WAX PLANT
PRINCETON JUNCTION, N.J., Jan. 13, 2022 /PRNewswire/ -- International Process Plants (IPP) and its affiliates announced today the acquisition of Juniper Acquisitions LLC, owner of the Juniper Specialty Products commercial-scale high-purity gas-to-liquids (GTL) wax manufacturing plant inWestlake, ...
Over half of CEOs to step-up investment and M&A in 2022, but headwinds remain
- EY survey of more than 2,000 CEOs globally reveals confidence has returned, but strategic choices will determine future success - 54% of respondents plan to prioritize investment in existing business - 59% will pursue transactions, even after a record-breaking year - Focus on sustainability ...
Emeritus Named To GSV EdTech 150
BOSTON, Jan. 12, 2022 /PRNewswire/ -- Emeritus, the global leader in making the highest-quality education accessible and affordable to individuals, companies, and governments around the world, has been named to the 2022GSV EdTech 150, a list of the world's most transformative growth companies in ...
51job, Inc. Announces Receipt of a Proposal to Amend Merger Consideration for Going-Private Transaction
SHANGHAI, Jan. 12, 2022 /PRNewswire/ -- 51job, Inc. (Nasdaq: JOBS) ("51job" or the "Company"), a leading provider of integrated human resource services in China, announced today that its Board of Directors (the "Board") and the special committee of the Board (the "Special Committee") have receive...
mParticle Acquires Customer Journey Analytics Provider Indicative to Help Teams Accelerate their Customer Data Strategy
The combined offering will help teams integrate customer data directly from their data warehouse and improve customer journey exploration. NEW YORK, Jan. 12, 2022 /PRNewswire/ -- mParticle, the leader in customer data infrastructure, announced today that it has acquired Indicative, a customer jo...
Owl Ventures Closes Over $1 Billion in New Funds for Global EdTech Investments
With over $2 billion in assets under management, Owl Ventures is the largest venture capital firm in the world focused on the education technology sector MENLO PARK, Calif., Jan. 12, 2022 /PRNewswire/ -- Owl Ventures, the largest venture capital fund in EdTech, announced today that it closed over...
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