Investment & Financing
CrediLinq Secures $8.5M Series A to Scale AI-Powered B2B Embedded Finance
SINGAPORE, May 16, 2025 /PRNewswire/ -- CrediLinq, the AI-powered B2B embedded finance platform, announced today the close of its USD $8.5 million Series A funding round. The round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning in...
HUMAIN and Luma Join Forces to Power the Next Generation of Gaming and INTERACTIVE Entertainment
RIYADH, Saudi Arabia, May 15, 2025 /PRNewswire/ -- HUMAIN the new full-stack AI company, owned by PIF, and built to redefine what's possible, has announced a landmark partnership with Luma, a global leader in multimodal generative AI innovation, known for its breakthrough video models, real-time ...
CarbonSix Raises $4M Seed Funding Led by Top Silicon Valley VCs
SAN FRANCISCO, May 15, 2025 /PRNewswire/ -- CarbonSix, Inc.
AUCNET Acquires Singapore Joint Venture as 100% Subsidiary
-Enhancing Global Network and Local Distribution Growth in ASEAN and Oceania- TOKYO, May 15, 2025 /PRNewswire/ -- AUCNET INC. (hereinafter: AUCNET), a circular market design company headquartered in Minato City, Tokyo, is pleased to announce the full acquisition of its joint venture, SG e-Auc...
Raiven Capital Joins Middle East Venture Capital Association (MEVCA)
PALO ALTO, Calif., TORONTO and DUBAI, May 15, 2025 /PRNewswire/ -- Raiven Capital, a global early-stage venture capital firm, is pleased to announce its membership in the Middle East Venture Capital Association (MEVCA)—the premier organization supporting the growth of venture capital and innovati...
PIF's Joint Venture with Hyundai Motor Company, Hyundai Motor Manufacturing Middle East, celebrates groundbreaking milestone
* Paving the way for a new industrial future * The new facility is a joint venture between PIF and Hyundai Motor Company * The plant will manufacture internal combustion engine and electric vehicles, with an annual production target of 50,000 vehicles to supply Saudi Arabia KING ABDULLAH ECO...
Quantinuum and Al Rabban Capital Launch Joint Venture to Accelerate Quantum Computing Adoption in Qatar and the Region
Up to $1 Billion Investment Over 10 years by Qatar in State-of-the-Art Quantum Technologies and Workforce Development to be Provided by the Joint Venture to Academic and Industrial Partners DOHA, Qatar, May 15, 2025 /PRNewswire/ -- Quantinuum, the world leader in quantum computing, is establish...
TELUS Health acquires Workplace Options, top provider of wellbeing services to Fortune 500 companies
TELUS Health combines digital-first innovation with Workplace Options' Employee and Family Assistance Program to transform employee wellbeing solutions GTCR to invest US$200 million as part of the acquisition, bringing strategic healthcare industry expertise to accelerate TELUS Health's global gr...
Persona AI Raises $27M Oversubscribed Pre-Seed to Deliver the Future of Humanoid Robotics
HOUSTON, May 14, 2025 /PRNewswire/ -- Persona AI, a leader in embodied artificial intelligence, today announced it has closed its oversubscribed pre-seed funding round, raising $27 million. This substantial investment will accelerate the development and deployment of Persona's humanoid robot plat...
Databricks Agrees to Acquire Neon to Deliver Serverless Postgres for Developers + AI Agents
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database market braces for unprecedented disruption driven by AI, Databricks plans to continue innovating a...
Rently Secures $3M Pre-Series A Investment Led by Orange Bloom to Revolutionise the Asian Rental Market
SINGAPORE, May 13, 2025 /PRNewswire/ -- Rently
Novo Holdings Announces Investment in SCHOTT Poonawalla to Accelerate Growth and Innovation in Injectable Drug Packaging
SINGAPORE, May 14, 2025 /PRNewswire/ -- Novo Holdings, a global life sciences investor, today announced its investment in SCHOTT Poonawalla,India's leading provider of high-quality drug containment and delivery solutions for injectable pharmaceuticals, alongside TPG Growth, the middle market and ...
Cisco Announces New Strategic AI Initiatives in the Middle East
News Summary: * Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure. * Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States. * Cisco to collaborate with AIP (AI Infrastructure Partne...
Cisco to Collaborate with AI Infrastructure Partnership to Drive Investment in Data Centers and Enabling Infrastructure
Cisco to work with BlackRock, Global Infrastructure Partners, MGX, Microsoft, NVIDIA and xAI to accelerate innovation and scaling of AI data centers SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- Cisco today announced that it will collaborate with the AI Infrastructure Partnership (AIP), which i...
HKUST Foundation Inaugural Gala Dinner Raises Over HK$35 million to Propel Future Innovation & Talent
NVIDIA Founder & CEO Dr. Jensen Huang's Iconic Leather Jackets Among Gala Highlights Fueling University's Vision HONG KONG, May 13, 2025 /PRNewswire/ -- A constellation of over 200 influential leaders from academia, industry and philanthropy converged last Saturday at The Hong Kong University of...
PartnerOne Acquires Cybersecurity Leader XYPRO
RIVERSIDE, Calif., May 13, 2025 /PRNewswire/ -- PartnerOne, one of the fastest growing enterprise software conglomerates in the world, has announced the successful acquisition of XYPRO, a leading cybersecurity provider of risk management and compliance solutions for the world's most critical ente...
TaiPei-based Hong Tong Technology Acquires Initio's Entire Encryption Division.
Purchase ensures that Initio's encryption chip IP and manufacturing remain in Taiwan TAIPEI, May 13, 2025 /PRNewswire/ -- Hong Tong Technology Co., a registered Taiwanese corporation, today announced the September 2024 acquisition of Initio's entire encryption storage product line, which includ...
Strategic Partnership | Sanyou Bio and TransRecoBio Forge Strategic Alliance to Build a New Ecosystem for the Full Industry Chain
SHANGHAI, May 13, 2025 /PRNewswire/ -- Recently, Sanyou Biopharmaceuticals ( Shanghai) Co., Ltd. ("Sanyou Biopharmaceuticals") and TransRecoBio (Wenzhou) Biotechnology Co., Ltd. ("TransRecoBio") officially signed a strategic cooperation agreement. The two companies will integrate their core streng...
Eligo Bioscience Awarded $5 Million to Advance Breakthrough Genetic Medicine Platform for Immuno-Dermatology
* Funding is part of the call for proposals "Innovations in Biotherapies and Bioproduction," coordinated by the Health Innovation Agency under France 2030 strategy, operated on behalf of the French government by Bpifrance PARIS, May 13, 2025 /PRNewswire/ -- Eligo Bioscience, a biotechnology com...
Addepar Raises $230 Million at $3.25 Billion Valuation in Series G Investment Round
Vitruvian Partners and WestCap Co-Lead Round with Support from 8VC, Valor Equity Partners and EDBI NEW YORK, May 13, 2025 /PRNewswire/ -- Addepar, a leading global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, ann...
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