Investment & Financing
HTPE invests in China's Automotive Chip Leader - SemiDrive
NANJING, China, Oct. 29, 2021 /PRNewswire/ -- Huatai International Private Equity Fund ("HTPE"), theGreater China focused private equity investment platform under Huatai Securities, is pleased to announce that it newly completed an investment in Nanjing SemiDrive Semiconductor Technology Co. Ltd....
Primavera Capital Invests in Solid-State Battery Maker ProLogium to Further Advance Carbon Neutrality
BEIJING, Oct. 29, 2021 /PRNewswire/ -- Primavera Capital Group ("Primavera") announced an investment in ProLogium Technology Co., Ltd. ("ProLogium"), the world's leading solid-state battery ("SSB") maker. In the latest round of financing, ProLogium has raisedUS$326 million from investors that als...
ProLogium Technology secures US$326 million to expand global EV battery production capacity
TAIPEI, Oct. 28, 2021 /PRNewswire/ -- World-leading solid-state battery (SSB) maker ProLogium Technology announced the completion of aUS$326 million financing round. The investment will strengthen and accelerate ProLogium's focus on supplying OEMs for high-performing, safe and affordable EV batt...
ProLogium Technology secures US$326 million to expand global EV battery production capacity
TAIPEI, Oct. 29, 2021 /PRNewswire/ -- World-leading solid-state battery (SSB) maker ProLogium Technology announced the completion of aUS$326 million financing round. The investment will strengthen and accelerate ProLogium's focus on supplying OEMs for high-performing, safe and affordable EV batt...
Exosystems Raises $3.9M Series A Funding, on Mission to Provide AI-based Digital Care for Musculoskeletal System
SEOUL, South Korea, Oct. 28, 2021 /PRNewswire/ -- Exosystems, an artificial intelligence (AI)-based digital healthcare company and a member ofBorn2Global Centre, has succeeded in attracting Series A funding worth USD 3.9 million from SBI Investment, Laguna Investment, and Korea Technology Finance...
Wavestone and why innovation! join forces to better serve their clients in Asia-Pacific
HONG KONG, Oct. 29, 2021 /PRNewswire/ -- Wavestone and why innovation! today announce the acquisition of why innovation! by Wavestone. A global consulting firm with operations in 8 countries, Wavestone is now further strengthening its position in the regionAsia-Pacific after an initial stage con...
Australian fintech Completes Major US Acquisition
- Melbourne based Remitter acquires US-based Mercantile Adjustment Bureau following successfulUSD 12m cap raise - Expands headcount to over 180 staff - Future global acquisitions in the pipeline MELBOURNE, Australia, Oct. 29, 2021 /PRNewswire/ -- Remitter, a fintech platform that impro...
FII Institute Announces Investment in AZmed, Helping to Address Global Shortage in Radiologists
RIYADH, Saudi Arabia, Oct. 28, 2021 /PRNewswire/ -- The Future Investment
Initiative (FII) Institute has announced a1 million EUR investment in AZmed,
developers of Artificial Intelligence-enabled diagnostic applications which can
help address the shortage of radiologists around the world.
Optina Diagnostics Closes an Oversubscribed Series-A Round of CA$24.8 million
* This round was led by DigitalDx Ventures and supported by Boehringer Ingelheim Venture Fund * Other investors include Desjardins Capital, Hike Ventures, Advisors Fund, MEDTEQ+ and Biomed Propulsion (participative debt) * New funding will support the development of Optina's Retinal Deep Ph...
Yili Becomes the Largest Shareholder of Ausnutria, Accelerating its Development of Goat Milk Formula and Nutrition Products
BEIJING, Oct. 28, 2021 /PRNewswire/ -- On October 27, Inner Mongolia Yili Industrial Group Co., Ltd. ("Yili Group" or "Yili"), the largest dairy producer inAsia, announced that it took a stake in goat milk formula giant Ausnutria Dairy Co. Ltd. ("Ausnutria Dairy" or "Ausnutria") and became its la...
AI Phishing Defense Leader SlashNext Closes $26 Million Series B Funding
Funding will accelerate the company's mission to protect the world's 4B Internet users from all forms of phishing - the number one, multi-billion-dollar cybersecurity threat to organizations and consumers PLEASANTON, Calif., Oct. 28, 2021 /PRNewswire/ -- SlashNext, the leader in SaaS-based spear...
Investors Double Down on Rad Power Bikes with $154 Million Investment, Making it the Most Funded Electric Bike Company in the World
This funding comes on the heels of a previous $150 million investment the company announced in February of this year, marking investors' confidence in the company's leadership position and the enormous role for ebikes as a climate solution SEATTLE, Oct. 28, 2021 /PRNewswire/ -- Rad Power Bikes™,...
insightsoftware to Acquire Magnitude
Deal accelerates insightsoftware's enterprise position in operational reporting by adding market-leading data analytics and integration products including SAP and Oracle ERP reporting solutions RALEIGH, N.C, Oct. 28, 2021 /PRNewswire/ -- insightsoftware, a global provider of financial reporting ...
Nefab acquires Reflex Packaging Group
JONKOPING, Sweden, Oct. 28, 2021 /PRNewswire/ -- Nefab Group AB has acquired Reflex Packaging Group, the world's leading company in sustainable thermoformed cushioning, to further strengthen their commitment to save resources in supply chains. Reflex Packaging will continue to operate as separate...
CP Kelco Announces Expansion of Distribution Relationship with Azelis in EMEA Region
ATLANTA, Oct. 28, 2021 /PRNewswire/ -- CP Kelco, a global leader of nature-based ingredient solutions, today announced it will expand its distribution relationship with Azelis inEurope, the Middle East, and Africa. The new distribution scope extension names Azelis as the exclusive distribution p...
BrainBox AI raises 24M USD in first close of its Series A funding round to fuel continued global expansion and innovation
Growing tech leader is redefining building automation and developing scalable technologies to address the energy transition challenge and mounting public concern over global greenhouse gas (GHG) emissions MONTREAL, Oct. 28, 2021 /PRNewswire/ -- BrainBox AI, a leader in autonomous building techno...
ElevenEs receives investment and support from EIT InnoEnergy to build a battery gigafactory near Serbia's lithium deposit
SUBOTICA, Serbia, Oct. 28, 2021 /PRNewswire/ -- By 2030, Europe will need 14 times more batteries than it produces today. This is due to the growth of electric mobility and the energy storage market, which requires batteries to stabilise energy systems, especially given the growing share of renew...
RISE Education Announces Receipt of a Preliminary Non-Binding Proposal to Acquire Substantially All Assets of the Company
BEIJING, Oct. 27, 2021 /PRNewswire/ -- RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), datedOctober 18, 2021, from Ms. Lihong Wang, chairwo...
NEOM Tech & Digital Holding Company signs Oracle as first tenant of hyperscale data center
Oracle's second cloud region in Saudi Arabia will enable support of Vision 2030 technology ambitions NEOM Tech & Digital Hold Co. and EzdiTek sign joint venture to build and operate hyperscale data center RIYADH, Saudi Arabia, Oct. 27, 2021 /PRNewswire/ -- NEOM Tech & Digital Holding Company – ...
Abcam completes $340m strategic acquisition and expands kit capacity and capability
- 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
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