Investment & Financing

Zymergen Takes Aim at $3 Trillion Chemical & Materials Industry With $300 Million in New Funding

2020-09-09 04:08 1873

One of the largest deep tech investments of 2020 to fuel additional product releases and development of breakthrough materials EMERYVILLE, California, Sept. 9, 2020 /PRNewswire/ -- Science and material innovation companyZymergen today announced $300M in new investment to accelerate its delivery ...

Thunes raises $60M in Series B funding to accelerate global growth

2020-09-08 17:25 1974

SINGAPORE and LONDON, Sept. 8, 2020 /PRNewswire/ -- Fintech startup Thunes, which operates a global B2B cross-border payments network, continues to attract investment as emerging markets take off. The latest Series B funding round sees Africa-focused Helios Investment Partners leading the US$60 mi...

ScaleUp Malaysia Partners Asia's Quest Ventures to Take Local Solutions Global

2020-09-08 11:00 1811

KUALA LUMPUR, Malaysia, Sept. 8, 2020 /PRNewswire/ -- ScaleUp Malaysia today announced that they have entered into an exclusive partnership with Quest Ventures, aSingapore-based venture capital firm to invest and scale the regional growth of top Malaysian startups. The partnership with Quest Vent...

Acclime launches its Cambodian operation with the acquisition of BSE Accounting expanding the geographic reach to eight markets in the region

2020-09-08 11:00 1641

HONG KONG, Sept. 8, 2020 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of BSE Accounting Co., Ltd (BSE) inCambodia, with the firm soon to be rebranded to operate as Acclime Cambodia. With this latest acquisition, Acc...

58.com Announces Shareholders' Approval of Merger Agreement

2020-09-07 18:13 19139

BEIJING, Sept. 7, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"),China's largest online market place for classifieds, today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among other things, t...

Smart Consumer Technology Startup Dreame Technology Raises Nearly USD 15 Million in Series B+ Funding Led by IDG Capital

2020-09-07 14:36 1950

BEIJING, Sept. 7, 2020 /PRNewswire/ -- Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced that it raised nearlyRMB 100 million ( US$14.6 million) in its Series B+ funding led by IDG Capital with partic...

Xinhua Silk Road: Master Kong signs agreement with CSF to launch space instant food

2020-09-07 10:42 1049

BEIJING, Sept. 6, 2020 /PRNewswire/ --   Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., on Wednesday signed an agreement with China Space Foundation (CSF) to launchChina's first kind of space instant noodles. In the past three years of cooperation betwee...

Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations

2020-09-04 20:11 13012

JOHANNESBURG, Sept. 4, 2020 /PRNewswire/ -- Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through an updated strategy, Future Sasol and lower-carbon bu...

GSG Receives Minority Investment from Shanghai Finance Institute

2020-09-04 16:37 3222

HONG KONG, Sept. 4, 2020 /PRNewswire/ -- Governance Solutions Group (GSG) today announces Shanghai Finance Institute (SFI) as a new minority investor. GSG, an AI-enabled Governance and ESG advisor has partnered with SFI, a Shanghai based think tank dedicated to financial policy research, chaired ...

InxMed Announced the Completion of RMB 130M (~US$ 19M) Series A+ Financing to Accelerate Its Clinical Development and Strengthen Translational Capabilities

2020-09-04 11:24 1405

NANJING, China, Sept. 4 2020 /PRNewswire/ -- InxMed (Nanjing) Co., Ltd. ("InxMed" or "Company"), a clinical stage biotech company dedicated to developing innovative, individualized medicines with international impact, today announced the completion of its Series A+ financing of130M RMB ( ~US$19Mi...

New investors Thiel and Novogratz introduced to Bionomics by Apeiron Investment Group as part of successful second placement capital raising

2020-09-03 16:34 21817

SYDNEY, Sept. 3, 2020 /PRNewswire/ -- Following overwhelming shareholder approval, the scheduled second placement of 54,333,000 new shares by Bionomics is proceeding and expected to complete shortly. In accordance with the Subscription Agreement between Apeiron and Bionomics, Apeiron has introduc...

JTI extends technology partnership with Sauber Engineering

2020-09-03 16:00 2259

GENEVA and ZURICH, Sept. 3, 2020 /PRNewswire/ -- JTI (Japan Tobacco International) has extended its technology partnership agreement with Sauber Engineering AG (SEN), a leading player in technology and prototype development and part of the Sauber Group of Companies. Through this partnership, both...

Nippon Express Completes Acquisition of Equity Interests in MD Logistics and MD Express (Turning into Subsidiary)

2020-09-03 15:00 7537

TOKYO, Sept. 3, 2020 /PRNewswire/ -- Nippon Express Co., Ltd. (Code No.9062, First Section, Tokyo Stock Exchange; hereinafter the "Company") hereby announces that, as announced onMay 22, 2020, in the "Acquisition of Equity Interests in MD Logistics, Inc. and MD Express, Inc. (Turning into a Subs...

TripGift(R) launches alternative Group Incentive Travel solution & Travel and eLearning for the underbanked market

2020-09-02 20:00 2249

NEW YORK and LONDON, Sept. 2, 2020 /PRNewswire/ -- This month sees the multi-award winning TripGift® 'online Travel store and global digital gift card brands', launch a plethora of new partnerships across the globe, supporting the earlier soft launch ofelearngift.com with...

bitBiome has raised 700 million JPY in Series B financing

2020-09-02 11:28 1296

TOKYO, Sept. 1, 2020 /PRNewswire/ -- bitBiome, Inc., an emerging leader in microbiome analytics, has raised700 million JPY (approx. $6.6m US) in a Series B financing from previous and new investors including TheUniversity of Tokyo Edge Capital Partners, Universal Materials Incubator, and otherJap...

MANA Products Announces Purchase by Traub Capital to Enhance Its Growth as a Prestige Beauty Innovator

2020-09-02 05:07 1849

MANA to Continue Its Proud Legacy Under Traub Capital Ownership NEW YORK, Sept. 2, 2020 /PRNewswire/ -- Today, MANA Products, a premier beauty contract manufacturer based inLong Island City, New York, announced it has been purchased by Traub Capital. The acquisition allows Traub Capital to lev...

INSIGHTEC MR-Guided Focused Ultrasound Receives Reimbursement from Japanese Ministry of Health, Labour and Welfare for the Treatment of Parkinson's Disease

2020-09-02 04:55 1890

HAIFA, Israel and MIAMI, Sept. 2, 2020 /PRNewswire/ -- INSIGHTEC®, a global medical technology innovator of incisionless surgery, today announced that it has received national reimbursement from the Japanese Ministry of Health, Labour and Welfare (MHLW) for treating Parkinson's Disease.     Pa...

Aqua Medical Announces Final $8.2 Million Equity Investment Led by ShangBay Capital to Close Its $15.5 Million Series A Financing Round

2020-09-01 22:00 1854

Investment will be used to advance its novel vapor-based ablation system to treat precancerous conditions and metabolic disease such as type 2 diabetes in the gastrointestinal (GI) tract. SANTA ANA, California, Sept. 1, 2020 /PRNewswire/ -- Aqua Medical's innovative platform technology provides ...

Owl Ventures Closes $585 Million in New Funds for Global EdTech Investments

2020-09-01 20:15 1873

With over $1.2 billion assets under management, Owl Ventures is the largest venture capital firm in the world focused on the education technology sector SAN FRANCISCO, Sept. 1, 2020 /PRNewswire/ -- Owl Ventures, the largest venture capital fund in education technology, announced today that it cl...

Fuling Global Enters into Definitive Merger Agreement for Going Private Transaction

2020-09-01 20:00 14906

WENLING, China, Sept. 1, 2020 /PRNewswire/ -- Fuling Global Inc. (Nasdaq: FORK) ("Fuling Global," or the "Company"), a manufacturer and distributor of mainly environmentally-friendly plastic and paper foodservice disposable products, today announced that it has entered into a definitive Agreement...

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