Investment & Financing

Applied Intuition Closes Series F at $15 Billion Valuation, Accelerating Vehicle Intelligence Across All Moving Machines

2025-06-17 21:00 2234

Closed in just over a year since the Series E announcement, this transaction demonstrates the company's hypergrowth and cements its leadership position in the vehicle intelligence market MOUNTAIN VIEW, Calif., June 17, 2025 /PRNewswire/ -- Applied Intuition, Inc., the leading vehicle intelligen...

SmartLabs and IWG Announce 10-Year Partnership to Deliver Fully Managed Lab Infrastructure Worldwide

2025-06-17 19:00 2126

First-of-its-kind collaboration will integrate SmartLabs' turnkey laboratory solutions across IWG's global portfolio of flexible workspace brands BOSTON and ZUG, Switzerland, June 17, 2025 /PRNewswire/ -- SmartLabs, the leading provider of flexible laboratory infrastructure and resourcing solut...

Aduna collaborates with NTT DOCOMO to strengthen global network API ecosystem with Japan launch, enabling scalable innovation

2025-06-17 17:00 1821

PLANO, Texas, June 17, 2025 /PRNewswire/ -- Aduna , the global aggregator of network APIs, and NTT DOCOMO, Inc., one of Japan's leading mobile operators with over 91 million subscribers, today announced an intention to enter a strategic collaboration under a Memorandum o...

VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

2025-06-17 16:30 4254

BEIJING, June 17, 2025 /PRNewswire/ -- TCTM Kids IT Education Inc. (Nasdaq: VSA) (the "Company" or "VSA") today announced that it has entered into a non-binding letter of intent ("LOI") to acquire HopeAI Inc. ("HopeAI"), a leading artificial intelligence company specializing in AI-powered clinica...

Corvia Medical closes $55 million funding round to complete confirmatory trial and pursue FDA approval of Corvia Atrial Shunt

2025-06-17 16:00 1535

Existing investors provide funding to finish international RESPONDER-HF trial   TEWKSBURY, Mass., June 17, 2025 /PRNewswire/ -- Corvia Medical, Inc, a company dedicated to transforming the treatment of heart failure, today announced the successful closure of a $55 million funding round from the ...

Aduna partners with SoftBank Corp. to expand network API access in Japan

2025-06-17 16:00 1581

PLANO, Texas, June 17, 2025 /PRNewswire/ -- Aduna , the global aggregator of network APIs, today announced that it has entered into a strategic commercial partnership with SoftBank Corp. ("SoftBank") as part of a Memorandum of Understanding (MoU). The collaboration will ...

Aduna collaborates with Microsoft to expand global reach and intelligence of network APIs

2025-06-17 14:15 1750

Microsoft to join the Aduna community to power the platform on Azure, integrate AI, and accelerate CAMARA network API adoption through the Azure ecosystem PLANO, Texas, June 17, 2025 /PRNewswire/ -- Aduna , the global aggregator of network APIs, today announced that Mic...

BEST SPAC I Acquisition Corp. Announces Closing of $55 Million Initial Public Offering

2025-06-17 12:23 1728

HONG KONG, June 16, 2025 /PRNewswire/ -- BEST SPAC I Acquisition Corp. (Nasdaq: BSAAU) (the "Company"), a blank check company incorporated as aBritish Virgin Islands business company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization,...

US, UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone

2025-06-16 22:09 2947

KISWISHI CITY, Democratic Republic of Congo, June 16, 2025 /PRNewswire/ -- American, British, and Congolese government officials launched major foreign direct investments in the Democratic Republic of the Congo (DRC) with the groundbreaking of a USD 50 million Pepsi bottling plant and a Congo Pet...

Pierre Fabre Laboratories Strengthen R&D Portfolio and Announce the Acquisition of the Worldwide Rights for PFL-721 and PFL-241

2025-06-16 16:00 1891

PFL-721 and PFL-241 are mutant-specific EGFR inhibitors with best-in-class potential, being developed as treatment options for emergent and unmet medical needs in non-small cell lung cancer ("NSCLC") CASTRES, France, June 16, 2025 /PRNewswire/ -- Pierre Fabre Laboratories are pleased to announc...

SDP Japan Raises $31 Million in Series D Round

2025-06-16 10:00 2119

* Pioneering the Future of Surgical Care in Response to Rising Demand TOKYO, June 15, 2025 /PRNewswire/ -- SDP Japan, Inc. (Shibuya-ku, Tokyo; CEO: Kazuhiko Nagayo), announced today that the Company has successfully raised approximately JPY 4.5 billion (equivalent to USD 31 million) through a S...

XtalPi Announces Strategic Acquisition of Liverpool ChiroChem (LCC), Unlocking Unprecedented Power in Chemical Space Exploration

2025-06-13 15:00 4953

CAMBRIDGE, Mass. and LIVERPOOL, United Kingdom, June 13, 2025 /PRNewswire/ -- XtalPi, a leading life sciences and new materials R&D platform powered by quantum physics, AI and robotics, today announced its acquisition of Liverpool ChiroChem (LCC), a pioneer in automated chiral chemistry technolog...

OCI Global Receives U.S. Regulatory Approval for the Sale of its Global Methanol Business to Methanex Corporation

2025-06-12 21:49 4061

AMSTERDAM, June 12, 2025 /PRNewswire/ -- OCI Global (Euronext: OCI), ("OCI", the "Company") today announced that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has concluded with respect to the sale of 100% of its equity interests in its Global Methanol Business ("OCI...

Disrupting SME Lending: SmartLend Launches Free, Digital Loan Platform

2025-06-12 16:03 2138

SINGAPORE, June 12, 2025 /PRNewswire/ -- SmartLend, a fully digital alternative financing platform, has officially launched in Singapore, offering small and medium-sized enterprises (SMEs) a faster, more transparent way to secure funding.

MindHYVE.ai and DV8 Infosystems Sign MoU with KICTANet to Co-Develop Kenya's National AI Policy

2025-06-12 11:30 1592

NAIROBI, Republic of Kenya and NEWPORT BEACH, Calif., June 12, 2025 /PRNewswire/ --MindHYVE.ai, in partnership with DV8 Infosystems and KICTANet, has entered into a Memorandum of Understanding (MoU) to support the strategic co-development of the Republic of Kenya's National Artificial Intelligenc...

AUSTRALIA-FOUNDED OTHELIA TECHNOLOGIES EXPANDS TO U.S. AND NAMES SCOTT GREENBERG EXECUTIVE CHAIRMAN

2025-06-12 03:00 2319

Alexandra Hooven Appointed Chief Growth Officer, Joining CEO Kate Armstrong-Smith, CTO Joe Couch and Greenberg as Company Moves to Build Story Design and Management Platform for Creative Community With Early Backing from Lead Investor ALIAVIA Ventures, Othelia ' s Flagship Tool, Storykeeper, Se...

Databricks Launches Free Edition and Announces $100 Million Investment to Develop the Next Generation of Data and AI Talent

2025-06-11 21:00 1884

New offering provides free access to the Databricks Data Intelligence Platform to help everyone from students to aspiring professionals develop critical skills in data and AI SAN FRANCISCO, June 11, 2025 /PRNewswire/ -- Data + AI Summit -- Databricks, the Data and AI company, today announced a ...

Megger Enters Strategic Partnership with Sentrisense

2025-06-11 14:00 2331

Enhancing Grid Edge Innovation with Advanced Monitoring Solutions DOVER, England, June 11, 2025 /PRNewswire/ -- Megger, the global leader in electrical test, measurement, monitoring and asset performance management solutions, is proud to announce that they have entered into a strategic partners...

Powering the AI Revolution: Investbanq Accelerates Digital Breakthrough in WealthTech

2025-06-11 12:07 2668

SINGAPORE, June 11, 2025 /PRNewswire/ -- Investbanq , the AI-powered wealth operating system for family offices, asset managers, and banks, has secured US$3 million in Pre-Series A funding. The round drew participation fromConstructor Capital

Salipro Biotech and Daewoong Pharmaceutical Announce Collaboration Agreement to Advance Development of Novel Therapeutics

2025-06-11 12:00 2214

- The collaboration combines Salipro Biotech's unique expertise and its Salipro® platform technology to stabilize a challenging drug target and advance Daewoong Pharmaceutical's drug discovery programs for the generation of small molecule drugs. SEOUL, South Korea, June 11, 2025 /PRNewswire/ -- ...

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