Investment & Financing
Odyssey Announces Agreement to Combine with BenevolentAI
* BenevolentAI is a leading, clinical-stage AI drug discovery company that combines advanced AI and machine learning with cutting edge science to discover and develop novel and more effective medicines * Combination of BenevolentAI with Odyssey, a €300m Euronext Amsterdam-listed special purpo...
Xen Capital Raises US$7.5 Million Series A Led by Headline Asia to Scale Alternative Investment Platform
SINGAPORE, Dec. 6, 2021 /PRNewswire/ -- Xen Capital
Onion Global Will Launch Eyelicious Cosmetic Contact Lens Brand
GUANGZHOU, China, Dec. 3, 2021 /PRNewswire/ -- Onion Global Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets, and distributes the world's fresh, fashionable, and future brands to young people inChina and across A...
Leading Korean Online Lending Platform, PeopleFund Raises KRW 75.9 Billion Series C Funding led by Bain Capital
* Largest amount raised among all lending platforms focused on consumer loans in Korea * Funding from global financial institutions, including Bain Capital, Lending Ark Asia Secured Private Debt Fund, 500 Global * Goldman Sachs to obtain equity exposure and lead financing for a debt warehou...
Singapore-based equity management platform Qapita secures a partnership with Citi to accelerate development of its private market trading platform
* Citi makes a strategic investment, joining the Series A round led by East Ventures (Growth Fund) and Vulcan Capital announced a few weeks earlier * This non-exclusive partnership with Citi will help the company accelerate its platform for private stock * The Company aims to secure other si...
TD Holdings, Inc. Enters into Letter of Intent to Launch RMB300 Million Special Fund to Accelerate Development of Digital Cloud Warehouse
SHENZHEN, China, Dec. 1, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that the Company and its wholly owned subsidiary, Shenzhen Baiyu Jucheng Data Technology Co., Ltd. ("BJDT"), have entered into a non-bind...
Immensitas Private Limited Raises $2.3M in Pre-series A1 Round
BOSTON, Dec. 2, 2021 /PRNewswire/ -- Immensitas Private Limited has raised $2.3M in a Pre-Series A1 round co-led by growx ventures, Artha Venture Fund (AVF), and DSP Investment Managers Pvt. Ltd. The round also saw participation from LogX Ventures and Atrium Angels, the ISB alumni sponsored micro...
Digital Edge Completes its Largest Acquisition To-Date in Japan
SINGAPORE, Dec. 2, 2021 /PRNewswire/ -- Digital Edge (Singapore) Holdings Pte.
Ltd.
The subsidiary of Hundsun (600570.SH) announces the acquisition of the Summit business of Finastra
HANGZHOU, China, Dec. 2, 2021 /PRNewswire/ -- The holding subsidiary of Hundsun Technologies Inc. (hereinafter referred to as "Hundsun" or the "Company") CloudWing NetWork Technologies Co., Inc. (hereinafter referred to as "CloudWing NetWork") has acquired the Summit business of Finastra, an inte...
Cybereason and SiS International Limited Partner to Protect Joint Customers in Hong Kong from Cyberattacks
SINGAPORE, Dec. 2, 2021 /PRNewswire/ -- Cybereason, the leader in operation-centric attack protection, andSiS International Limited, a leading IT distributor inHong Kong, today announced a partnership to protect enterprises in Hong Kong from sophisticated cyberattacks. As part of the partnership,...
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...
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