Investment & Financing

Abcam completes $340m strategic acquisition and expands kit capacity and capability

2021-10-27 14:00 4595

- Completing $340m strategic acquisition of BioVision - Expanding facilities in Eugene, further growing kits and assays portfolio - Supporting the growing demand of the sector and accelerating execution of strategic plan CAMBRIDGE, England, Oct. 27, 2021 /PRNewswire/ -- Abcam

Haier's HCH Ventures Partners with RF Imaging Leader Vayyar to Establish Joint Venture in China

2021-10-27 14:00 4555

The Joint Venture partnership will initially focus on providing touchless fall detection for seniors as well as expanding Vayyar's activities in the Chinese market - HCH, a subsidiary of Haier, signs Joint Venture agreement with Israeli technology provider, Vayyar, aiming to address the4 trillio...

SMG and Aurum ink joint venture agreement to introduce Singapore's first coworking medical space

2021-10-27 12:15 4224

* Leveraging on SMG's extensive network of over 25 medical specialties and 50 specialists, the joint venture will launch Core Clinic, a new and innovative medical coworking space targeting specialist healthcare practitioners * Located within Core Collective, Aurum's renowned fitness, wellness ...

Hatcher+, Tiverton Agriculture Impact Fund, and First Degree Global Asset Management announce the launch of CarbonNation, a Singapore-based Agtech Fund

2021-10-27 08:00 4037

SINGAPORE, Oct. 27, 2021 /PRNewswire/ -- Hatcher+, a leading venture technology and fund administration platform headquartered inSingapore, announced today that it has teamed up withMelbourne-based Tiverton Agriculture Impact Fund and Singapore-based First Degree Global Asset Management to create...

NEOM Tech & Digital Holding Company and OneWeb sign $200m JV for satellite network

2021-10-27 07:07 5878

OneWeb Low Earth Orbit (LEO) satellites to service NEOM, the Kingdom and MEA, transforming connectivity to businesses and rural communities High-speed connectivity will be a vital enabler of groundbreaking ecosystem of cognitive technologies RIYADH, Saudi Arabia, Oct. 27, 2021 /PRNewswire/ -- NE...

Shell to grow company-owned retail sites in the U.S. with acquisition of Landmark fuel and convenience network

2021-10-27 03:30 2309

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US (Shell), has signed an agreement to acquire 248 company-owned fuel and convenience retail sites from the Landmark group of companies (Landmark), whose convenience...

Praecipio Consulting Announces Investment from Periscope Equity

2021-10-26 21:03 2016

AUSTIN, Texas, Oct. 26, 2021 /PRNewswire/ -- Praecipio Consulting, a leading IT services and business process management consulting firm based inAustin, TX, announced today an investment from Periscope Equity, alongside Praecipio Consulting Management. Periscope Equity is aChicago-based private e...

UL and VdS Sign a Mutual Data Acceptance Agreement

2021-10-26 21:00 3413

NORTHBROOK, Ill., Oct. 26, 2021 /PRNewswire/ -- UL, the global safety science leader, announced today that it has signed a data acceptance agreement withVdS, an organization specializing in fire detection, suppression, security and natural disaster prevention. VdS also offers risk assessments, on...

Alaska Air Group Collaborating with ZeroAvia to Develop Hydrogen Powertrain for 76-Seat Zero-Emission Aircraft

2021-10-26 18:00 2914

SEATTLE and KEMBLE, United Kingdom and HOLLISTER, Calif., Oct. 26, 2021 /PRNewswire/ -- ZeroAvia is gaining altitude as the leader in zero-emission passenger aircraft as it announces a development collaboration withAlaska Air Group, the parent company of Alaska Airlines, for a hydrogen-electric ...

DroneTech Startup Poladrone Raises US$4.29 million in Malaysia's Largest Seed Round

2021-10-26 11:00 4334

KUALA LUMPUR, Malaysia, Oct. 26, 2021 /PRNewswire/ -- Poladrone, an end-to-end drone solutions provider headquartered inMalaysia, has raised US$4.29 million ( RM18 million) in a Seed round led by Wavemaker Partners, one of Southeast Asia's leading venture capital firms.

Education infrastructure startup Teachmint raises $78 million in Series B round led by Rocketship.vc and Vulcan Capital

2021-10-26 08:00 3039

* New investors Goodwater Capital, Epiq Capital, and existing investors Learn Capital, CM Ventures, Lightspeed India, and Better Capital also participated in the round * This is the fastest $100 million+ capital raise for an Indian startup in the education space * Since inception, Teachmint...

MioTech Raises Additional Financing from J.P. Morgan Asset Management and HSBC Asset Management's Financial Technology Venture Capital Fund

2021-10-26 07:00 3234

HONG KONG, Oct. 26, 2021 /PRNewswire/ -- MioTech announced today that it has secured investments from J.P. Morgan Asset Management and HSBC Asset Management's Financial Technology Venture Capital Fund. This is an extension to its latest series B+ funding round led by Guotai Junan International...

Talkwalker acquires discover.ai to boost its professional services

2021-10-26 03:00 4835

SYDNEY, Oct. 26, 2021 /PRNewswire/ -- Talkwalker , a leading consumer intelligence company, announced today that it has acquired discover.ai, an agile consu...

Link Financial Group Acquires Obligo SA

2021-10-25 23:12 3690

LONDON, Oct. 25, 2021 /PRNewswire/ -- Link Financial Group ("Link"), part of LC Financial Holdings, has today announced the completion of their acquisition of 100% of the shares of Obligo S.A., the Polish credit management company based in Łódź ("Obligo").    Obligo has a 20-year track record an...

Wellspring Capital Management Acquires Caring Brands International

2021-10-25 23:00 2482

SUNRISE, Fla., Oct. 25, 2021 /PRNewswire/ -- Wellspring Capital Management ("Wellspring"), a leading private equity firm headquartered inNew York, announced today that it has partnered with management to complete the acquisition of Caring Brands International, Inc. ("CBI" or the "Company"). Term...

WARF announces annual grant figures

2021-10-25 22:05 1704

$216.8 million in total support is largest ever MADISON, Wis., Oct. 25, 2021 /PRNewswire/ -- The Wisconsin Alumni Research Foundation (WARF) today announced a total of$216.8 million in support for the University of Wisconsin-Madison research enterprise during the 2021-22 academic year. The figur...

Novalith raises $2.5m seed funding to launch its clean lithium extraction technology

2021-10-25 21:10 3146

SYDNEY, Oct. 25, 2021 /PRNewswire/ -- Novalith Technologies Pty Ltd ("Novalith"), an Australian climate technology company targeting the global lithium market, has successfully raised AU$2.5 million in a seed funding round. Novalith is set to accelerate the development of its Australian-made li...

Towngas China announces strategic investment from Affinity Equity Partners to accelerate evolution into a leading integrated smart energy company

2021-10-25 20:25 7389

* Towngas China increases investment in smart energy solutions * Company name will change to Towngas Smart Energy Company Limited post transaction * Dr. Peter Lee Ka-kit to become the new Chairman of Towngas China HONG KONG, Oct. 25, 2021 /PRNewswire/ -- Towngas China Company Limited ("Towng...

Happiness Biotech Acquires Majority Ownership in Fujian Shennong

2021-10-25 20:00 3387

NANPING, China, Oct. 25, 2021 /PRNewswire/ -- Happiness Biotech Group Limited (the "Company" or Nasdaq: HAPP), aChina-based company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce solutions, and the sales of automobile, today announced that it...

Ping An Overseas Holdings Raised Funds of USD 750 Million for Overseas Private Equity Investing

2021-10-25 18:22 3118

HONG KONG and SHANGHAI, Oct. 25, 2021 /PRNewswire/ -- China Ping An Insurance Overseas (Holdings) Limited, the main offshore investment and asset management platform of Ping An Insurance (Group) Company ofChina, Ltd. (2318.HK, 601318.SH), together with its subsidiaries ("Ping An Overseas Holdings...

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