Investment & Financing

Tsangs Group Announces Investment in Ad Astra Rocket Company

2022-07-21 14:00 1045

HONG KONG, July 21, 2022 /PRNewswire/ -- Tsangs Group is pleased to announce that we have invested in Ad Astra Rocket Company ("Ad Astra"), known for the project of Variable Specific Impulse Magnetoplasma Rocket ("VASIMR®") space engine. Founded in 2005 by former NASA astronaut and plasma physic...

DayDayCook and Brinc commit to investing in 45 food tech companies that impact global food sustainability goals through the Good Food Accelerator Program

2022-07-21 13:30 1212

* DayDayCook and Brinc join forces to invest US$10 million over the next three years through theGood Food Accelerator Program. Applications for the next cohort open onJuly 21, 2022. * DayDayCook and Brinc share a dedicated mission to tackle global food sustainability goals by developing susta...

$150 Million Series D Financing JAKA Robotics with Genes of Innovative Technology Developing Since 1979

2022-07-20 23:21 836

SHANGHAI, July 20, 2022 /PRNewswire/ -- JAKA Robotics, one of the leading collaborative robot companies, recently announced that it has successfully completed around$150 million Series D financing in the first half of 2022. The Series D financing was led by Temasek, TrueLight Capital, Softbank Vi...

Introducing QIMA IBD - Latin America's Leading Certifier for Organic Products

2022-07-20 23:00 676

QIMA has acquired IBD to extend the company's offering for food certification solutions and food safety standards HONG KONG, July 20, 2022 /PRNewswire/ -- QIMA , a global provider of quality control and supply chain compliance solutions announced that it has acquired IBD,L...

Speakerbus Announces Acquisition of iMarket's Trader Voice Business

2022-07-20 21:00 441

LONDON, July 20, 2022 /PRNewswire/-- Speakerbus, a leading provider of real-time digital communications for the financial markets, has announced the acquisition of iMarket, a leading provider of trader voice communications services. This acquisition represents a significant expansion of services...

Radancy Announces Strategic Investment from New Mountain Capital

2022-07-20 21:00 313

New Mountain Capital Partnership to Drive Accelerated Growth for Market Leading Enterprise Talent Sourcing Platform NEW YORK, July 20, 2022 /PRNewswire/ -- Radancy, the global leader in enterprise software and services solutions for end-to-end talent sourcing, today announced it has partnered wi...

Crunchbase secures $50M to help customers build pipeline and grow revenue with its account-based prospecting platform

2022-07-20 19:45 901

Accelerating product-led growth, capital efficiency, and brand strength put the company on a path to profitability SAN FRANCISCO, July 20, 2022 /PRNewswire/ -- Crunchbase, a prospecting platform powered by best-in-class proprietary data, today announced it has secured$50 million in connection wi...

Global 2021 AI Venture Capital Investment Nears 2019 Historical High at US$22.3 Billion

2022-07-20 16:30 1073

SINGAPORE, July 20, 2022 /PRNewswire/ -- The global Venture Capital (VC) investment in Artificial Intelligence (AI) was close to its peak, reaching US$22.3 billion in 2021. According to ABI Research, a global technology intelligence firm, this is justUS$0.4 million shy of the historical high of U...

FNZ acquires Swiss private banking technology company New Access to open up wealth together

2022-07-20 14:30 1020

* The acquisition represents a further investment by FNZ in the growing private banking sector and will increase its presence in the cross-border wealth centers ofSwitzerland, Liechtenstein and Luxembourg. * New Access' award-winning private banking digital solutions and talent will further e...

Shanghai University Acquires Gale Scholar to Support Digital Humanities Growth

2022-07-20 09:03 1398

Rare and Unique Primary Sources Expand Student and Faculty Access to Humanities and Social Sciences Research Materials FARMINGTON HILLS, Mich. and SHANGHAI, July 20, 2022 /PRNewswire/ -- Shanghai University has acquired Gale Scholar from Gale, part of Cengage Group, opening up new possibilities ...

Christie's International Real Estate Eyes Major Expansion In Japan With H2 Group

2022-07-20 08:00 1666

H2 Christie's International Real Estate will be the exclusive affiliate for Hokkaido and expand the brand to major cities in Japan through a Master Licensing Agreement CHICAGO and NISEKO, Japan, July 20, 2022 /PRNewswire/ -- Christie's International Real Estate, the world's leading luxury r...

HydraForce signs acquisition agreement with Bosch Rexroth

2022-07-19 19:30 1049

Two complementary players unite to offer comprehensive product portfolio for mobile and industrial applications * Joint portfolio broadens global offering * Customers benefit from additional sales channels * Combined business to leverage complementary strengths LINCOLNSHIRE, Ill., July 19, ...

BRANCH ACQUIRES NOVA LAUNCHER AND SESAME UNIVERSAL SEARCH TO CREATE NEW WAYS FOR USERS TO FIND AND ENGAGE WITH APPS

2022-07-19 19:00 1055

  The Most Popular Third-party Launcher, Nova, and Upstart On-device Search Engine, Sesame, Assist Branch in Development of Next Generation App Discovery and Navigation PALO ALTO, Calif., July 19, 2022 /PRNewswire/ -- Branch, the leader in mobile linking and measurement, has acquired Nova Launc...

Quantum Solutions starts production of electric vehicles in Thailand as it targets sales to large Thai companies

2022-07-19 15:32 1369

HONG KONG, July 19, 2022 /PRNewswire/ -- Quantum Solutions (Quantum), an electric vehicle (EV) developer listed on the Tokyo Stock Exchange, announced that it has started production of its FOMM ONE EV model inThailand in an important milestone for Quantum's transition to providing affordable and ...

A2MAC1 acquires effution and strengthens its competitive insights offerings in software engineering and benchmarking solutions

2022-07-19 14:50 1283

A2MAC1 and effution, an acquisition that consolidates the group's software engineering and benchmarking expertise PARIS, July 19, 2022 /PRNewswire/ -- effution is an industry-agnostic software engineering and benchmarking company, founded in 2014 byJoachim Gielnik in Augsburg,Germany. effution p...

Fuwei Films (Holdings) Co., Ltd. Enters into an Agreement and Plan of Merger with Baijiayun Limited, a Video SaaS/PaaS, Video Cloud and Software, Video AI and System Solution Provider

2022-07-18 21:41 2753

BEIJING, July 18, 2022 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company") and Baijiayun Limited ("Baijiayun"), a video SaaS/PaaS, video cloud and software, video AI and system solution provider, today announced that they have entered into an Agreement...

Royal Caribbean Group acquires cruise ship Endeavor, growing Silversea Cruises' expedition offerings

2022-07-18 20:05 2647

MIAMI, July 18, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced it has received court approval to acquire the ultra-luxury cruise ship Endeavor. Originally delivered to Crystal Cruises in 2021, the ship will be renamed Silver Endeavour when it officially joins the Group's w...

Phaidon International Agrees to Partner with Global Investor Consortium Led by Further Global

2022-07-18 20:06 1737

LONDON, July 18, 2022 /PRNewswire/ -- Phaidon International, the professional services firm focused on identifying, sourcing and securing business critical talent to roles across more than 4,000 clients, has entered into an agreement to be acquired by a global investor consortium led by funds man...

Union Bancaire Privée reports net profit of CHF 112.6 million for the first half of 2022

2022-07-18 16:35 1179

First half-year results 2022 * UBP's net profit was CHF 112.6 million in the first half of 2022, up 12.4% from CHF 100.2 million a year earlier. * Revenues increased by 10.5%, driven by a higher net interest margin and recent acquisitions. * Assets under management totalled CHF 148.2 billio...

Alef Education expands digital learning agreement to reach 1.5 million students in Indonesia

2022-07-15 16:31 1896

The award-winning AI platform enhances its global presence in cooperation with MoRA JAKARTA, Indonesia, July 15, 2022 /PRNewswire/ -- As part of its commitment to foster digital education and in line with the UAE's efforts to promote smart transformation in education and knowledge sectors,Alef E...

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