Investment & Financing

BEST Inc. Completes Sale of its Express Business in China

2021-12-17 15:56 5596

HANGZHOU, China, Dec. 17, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced the closing and completion of its previously announced sale of its express delivery business ...

Sleek extends Series A round to US$25M

2021-12-17 12:18 4821

SINGAPORE, Dec. 17, 2021 /PRNewswire/ -- Sleek.com , a tech company dedicated to making company registration accessible for all, announced that it has extended its Series A round toUSD 25M, with the participation of Singapore-based global investor EDBI a...

hofer powertrain and VisIC Technologies develop 3-Level 800V GaN inverter

2021-12-17 09:00 4261

NES ZIONA, Israel and NÜRTINGEN, Germany, Dec. 17, 2021 /PRNewswire/ -- hofer powertrain, a globally leading automotive powertrain technology company, and VisIC Technologies Ltd., a global leader in gallium nitride (GaN) solutions for high-voltage automotive applications, announce a partnership t...

Dar Al Arkan teams with Pagani Automobili to unveil the ultra-exclusive DaVinci Residential Tower in Dubai

2021-12-16 17:34 5133

DUBAI, UAE, Dec. 16, 2021 /PRNewswire/ -- Dar Al Arkan, the leading real estate company inSaudi Arabia and the GCC, has unveiled the DaVinci Residential Tower inDubai in partnership with Italian Hypercar manufacturer Pagani Automobili, renowned for its exclusive and handcrafted production of ultr...

Foxconn Interconnect Technology (FIT) and Hudson Sustainable Group Invests in Wireless Power Leader, Powermat Technologies and Forms Strategic Partnership

2021-12-16 15:17 6613

Strategic Partnership With FIT Will Support Powermat's Penetration in the Industrial, IoT, and Mobility Markets TEL-AVIV, Israel, Dec. 16, 2021 /PRNewswire/ -- Powermat Technologies , Inc., the global leader in ad...

Arches raises USD1.6 million to expands its "Expert Knowledge Sharing" service throughout 5 locations in Asia

2021-12-16 09:00 11060

TOKYO, Dec. 16, 2021 /PRNewswire/ -- Arches Corporation("Arches"), a Tokyo -based global "Expert Knowledge Sharing" provider (a service that searches for experts on any topic and provides information on a timely basis), hereby announces the fundraising of$1.6 million (JPY 180 million) in funding b...

Fundsquire partners with Railz to offer an integrated, quicker, and transparent funding platform

2021-12-16 06:09 4582

MELBOURNE, Australia, Dec. 16, 2021 /PRNewswire/ -- Fundsquire, a source of capital for startup and scale-ups globally, has partnered withRailz to supercharge its funding platform, offering Fundsquire's global customers a seamless and powerful experience. Fundsquire has integrated Railz's API so...

Orbis Technologies Announces Acquisition of Innovasys Limited and U.K. Operations

2021-12-15 23:00 3758

ANNAPOLIS, Md., Dec. 15, 2021 /PRNewswire/ -- Orbis Technologies, Inc., a global leader in delivering content solutions and services for large enterprise and governmental organizations worldwide, announces the acquisition of U.K.-based Innovasys Limited, a leader in developing software for creati...

CSafe Global Announces Acquisition of Softbox Systems to Create the Global Leader in Temperature-Controlled Shipping Solutions

2021-12-15 22:00 6328

DAYTON, Ohio and LONG CRENDON, Buckinghamshire, England, Dec. 15, 2021 /PRNewswire/ --CSafe Global, the leader in temperature-controlled container solutions for the pharmaceutical industry, announced today that it has acquired Softbox Systems, a provider of passive temperature-controlled packaging...

Altair Acquires World Programming to Advance Organizations' Digital Transformation

2021-12-15 21:05 3368

Acquisition enables customers to leverage the SAS language with modern languages like Python and open-source technologies to achieve best-in-class data analytics solutions TROY, Mich., Dec. 15, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR), the global leader converging simulation, HPC, and AI, toda...

Firmenich Announces Sustainable Innovation Partnership with Jungle: Launches World First with Muguet Firgood™

2021-12-15 21:00 3753

Partnership explores vertical farming to help produce unique and exclusive natural perfumery ingredients GENEVA, Dec. 15, 2021 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, is proud to announce a new partnership with the French start-up Jungle, stren...

LGT agrees to acquire Australian-based Crestone Wealth Management

2021-12-15 11:57 3881

HONG KONG, Dec. 15, 2021 /PRNewswire/ -- LGT, the leading international private banking and asset management group owned by the Liechtenstein Princely Family, today announced that it has entered into a conditional agreement to acquire 100% of Crestone Wealth Management,Australia's leading high-ne...

Global sustainability platform abillion raises US$10 million Series A

2021-12-15 07:45 3305

Series A brings total investment in Singapore-based abillion, founded by entrepreneurVikas Garg, to US$17 million. NEW YORK, Dec. 15, 2021 /PRNewswire/ -- abillion, a rapidly growing social commerce platform designed to help people and businesses around the world be more sustainable, has success...

Argon Medical Devices, Inc. Acquires Matrex Mold and Tool, Inc.

2021-12-15 03:24 4567

FRISCO, Texas, Dec. 15, 2021 /PRNewswire/ -- Argon Medical Devices, Inc., a leading manufacturer of medical devices for interventional procedures, announced the acquisition ofWisconsin-based Matrex Mold and Tool, Inc., a custom mold manufacturer for plastic injection molding. Matrex produces meta...

Inhance Technologies Acquires Advance Research Chemicals, Creating a Global Leader in Sustainable Specialty Chemicals and Materials Technologies

2021-12-15 01:58 4486

HOUSTON, Dec. 15, 2021 /PRNewswire/ -- Inhance Technologies, LLC ("Inhance Technologies" or "Company"), a leading international provider of sustainable polymer material science solutions and portfolio company of Aurora Capital Partners ("Aurora"), today announced it has completed the acquisition ...

MKD sets its eyes on supercomputing in North America

2021-12-14 21:29 3971

SHANGHAI, Dec. 14, 2021 /PRNewswire/ -- Molecular Data Inc. ("Molecular Data" or the "Company") (Nasdaq: MKD), a leading technology-driven platform inChina's chemical industry, today announced that the Company has entered an agreement to form a Joint Venture to build supercomputing clusters inNor...

Born2Global Centre Backs Innovative Global Joint Ventures, Leading Support for Digital and Green Growth in Developing Countries

2021-12-14 21:30 2354

SEOUL, South Korea, Dec. 14, 2021 /PRNewswire/ -- The Born2Global Centre, an agency in charge of supporting of Korean innovative technology companies' advancement into the global market, has taken the lead in driving digital and green growth in developing countries through supporting bi-lateral j...

Shell acquires solar and energy storage developer Savion, further expanding its global renewable power business

2021-12-14 20:59 2525

HOUSTON, Dec. 14, 2021 /PRNewswire/ -- Shell New Energies US LLC, a subsidiary ofRoyal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer inthe United States, from Macquarie's Green Investment Group. With t...

Körber and KKR form strategic partnership to build a global supply chain software champion

2021-12-14 20:30 2195

HAMBURG, FRANKFURT, Germany and LONDON, Dec. 14, 2021 /PRNewswire/ -- Körber, an international technology group, and KKR, a leading global investment firm, today announced that KKR has acquired a significant minority stake in Körber's supply chain software business. This strategic partnership is ...

CellCarta acquires Biogazelle to strengthen its genomic capabilities and expand into digital PCR (dPCR) services

2021-12-14 20:25 5235

This acquisition solidifies CellCarta's leadership position in genomic services with a unique combination of assay development and global clinical trial sample analysis capabilities covering a comprehensive range of established and cutting-edge genomic technologies. MONTREAL, Dec. 14, 2021 /PRNe...

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