Investment & Financing
e& announces Q3 2024 earnings with consolidated revenue growth of 10% to AED 14.4 billion
e& completes acquisition of controlling stake in PPF Telecom and 100% acquisition of GlassHouse, expanding its footprint to 38 countries ABU DHABI, UAE, Oct. 31, 2024 /PRNewswire/ -- e& today announced its Q3 2024 consolidated financial results, reporting consolidated revenue of AED 14.4 billion...
SK Networks and Sunway Join Forces to Drive AI Innovation and Explore Regional Expansion
*Extensive collaboration expected in AI-powered products and systems••• including possible joint venture & share swap *MoU will also see Sunway tapping the talent and innovation of PhnyX Lab, the Silicon Valley-based AI research and development arm of SK Networks *SK Networks, "We'll focus on boos...
Nagarro fortifies its UK footprint with the strategic acquisition of FWD View Limited
MUNICH, Oct. 30, 2024 /PRNewswire/ -- Nagarro, a global leader in digital engineering, announced today the acquisition of FWD View Limited, a UK-based specialist in financial market data transformations and visualization solutions. This strategic acquisition enriches Nagarro's portfolio in the f...
Digital Turbine and ONE Store Expand Partnership to Globalize Alternative App Growth
Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, toNorth America, the EU, and LATAM AUSTIN, Texas and SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Digital Turbine, the global leader in growth solut...
Neurophet partners with Beijing LADO Technology… Intends to establish Joint Venture in China
* Neurophet enters into a strategic agreement with LADO to distribute Neurophet SCALE PET * Improves the efficiency of market entry with expertise of medical device go-to-market process inChina through the establishment of joint venture SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Neurop...
Teijin and Hilleman Laboratories to Expand Business in Asia-Pacific via Strategic Partnership to Promote CDMO Services in Cell and Gene Therapy
SINGAPORE, Oct. 30, 2024 /PRNewswire/ -- Teijin Limited
Pulsenmore Expands Partnership with Clalit Health Services to Deliver 25,000 Home Ultrasound Devices for Remote Prenatal Care
RAMAT GAN, Israel, Oct. 30, 2024 /PRNewswire/ -- Pulsenmore (TASE: PULS), a pioneering provider of home-based ultrasound technology, has announced the renewal and expansion of its strategic partnership with Clalit Health Services, Israel's largest HMO. Over the next five years, Pulsenmore will sup...
Validation Cloud Secures $10M Lead to Scale AI for Web3 from True Global Ventures
ZUG, Switzerland, Oct. 30, 2024 /PRNewswire/ -- Validation Cloud, the leading Web3 data and AI company, has selected True Global Ventures as its lead investor, contributing$10M. The company plans to use the funds to expand its AI product, bringing seamless access to Web3 data and enabling unparal...
Aetherium Acquisition Corp. Receives Letter of Termination of Business Combination Agreement
GREENWICH, Conn., Oct. 29, 2024 /PRNewswire/ -- Aetherium Acquisition Corp. (Nasdaq: GMFI) ("Aetherium" or "Company") announced today that it received written notice from Capital A Berhad stating that it has elected to unilaterally terminate the business combination agreement datedFebruary 28, 20...
Junee Limited Announces Financing Round of Up to US$40 Million to Establish AI (Artificial Intelligence) Supercomputing Center in Australia
SINGAPORE, Oct. 29, 2024 /PRNewswire/ -- Junee Limited (NASDAQ: JUNE) (the "Company"), today announced its strategic focus on developing and operating artificial intelligence (AI) computing centers. To support this initiative, the Company plans to raise up toUS$40 million through a financing roun...
TripFactory and NexusDMC Parent ORN Ventures Secures $50 Million in Series A Funding from Global Corporate Group
SINGAPORE, Oct. 29, 2024 /PRNewswire/ -- TripFactory, a leading global travel platform with a strong presence inIndia, has raised USD 50 million in Series A funding from a prominent International Corporate Group headquartered inIndia. This investment values the company at half a billion dollars. ...
Regional and Global Experts Convene in Accra, Ghana to Update Cancer Treatment Guidelines for Sub-Saharan Africa
Ongoing international oncology collaboration works to empower health care workers and save lives across diverse resource environments. Accra, GHANA, Oct. 29, 2024 /PRNewswire/ -- International oncology experts are gathering inAccra, Ghana for a series of meetings beginning today, to update cance...
FinVolution Subsidiary AdaKami Enters into Strategic Funding Agreement with PT Super Bank, Indonesia
SHANGHAI, Oct. 29, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Indonesian financial application, AdaKami, has entered into a strategic funding agreement with PT Super Bank Indonesia, a leading digital-...
Alimetry revolutionises gut health diagnosis by integrating AI into its wearable device, raises US $18m to fuel next phase of growth
MINNEAPOLIS, Oct. 28, 2024 /PRNewswire/ -- Alimetry
OPEC Fund enhances global partnerships with substantial financing commitments at the 2024 World Bank meetings
Highlights: * New commitments close to half a billion US dollars with Benin, Bhutan, Côte d'Ivoire,Jordan, Oman and a bank in Uzbekistan * Major cooperation and co-financing framework agreement with the World Bank Group with an operational focus on climate, food security and infrastructure ...
Cyient Acquires Stake in Azimuth AI to Build Cutting-Edge ASIC Chips and Strengthen Semiconductor Capabilities
HYDERABAD, India, Oct. 28, 2024 /PRNewswire/ -- Cyient, a global Intelligent Engineering services company, announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company known for its expertise in intelligent energy and power solutions. This strategic investment marks a ...
Twelve New International Companies Join FII Institute Roster of Strategic Partners: Strategic Partners Support Its Mission to Drive a Positive Impact on Humanity Through Investment
RIYADH, Saudi Arabia, Oct. 28, 2024 /PRNewswire/ -- Twelve international companies have been added to the FII Institute's roster of Strategic Partners. These companies join a growing community of leaders from business, technology, aviation, energy, academia, and public policy committed to creatin...
BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India and for the offtake of 100,000 tons of green ammonia annually
HYDERABAD, India and LUDWIGSHAFEN, Germany , Oct. 28, 2024 /PRNewswire/ -- BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding valu...
Synechron Acquires Cloobees, a Global Salesforce Summit Partner
Cloobees will add expertise in industry-specific transformation solutions
within the Salesforce ecosystem
PUNE, India, LONDON, NEW YORK, and SYDNEY, Oct. 28, 2024 /PRNewswire/ --
Synechron, Inc.
Filigran raises $35M in series B funding to drive global expansion and product innovation
PARIS, Oct. 28, 2024 /PRNewswire/ -- European cybertech Filigran today announces the completion of its$35M Series B fundraise, led by global software investor Insight Partners, with continued support from existing investors Accel and Moonfire. This new round of funding comes just months after the...
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