Investment & Financing

Kasisto Announces Series C Funding to Fuel Rapid Growth, Powering the Financial Services Industry with Cutting Edge Conversational AI Technology

2021-07-28 21:05 2417

NEW YORK, July 28, 2021 /PRNewswire/ -- Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, today announced the close of its$15.5 million Series C funding round. The round was co-led by new investors Naples Technology Vendors (NTV) and NCR Corpor...

Class Raises $105 Million in Series B Funding Led by SoftBank Vision Fund 2

2021-07-28 21:00 2470

New Funding to Accelerate Growth and Fuel Global Expansion WASHINGTON, July 28, 2021 /PRNewswire/ -- Class Technologies Inc., the company enhancing virtual and hybrid classrooms by adding teaching and learning tools to Zoom, has raised a$105 million Series B funding round led by SoftBank's Visio...

Sonata Software announces Acquisition of San Jose, US Headquartered Encore Software Services, strengthens ISV and Microsoft led strategy, enters new verticals in healthcare and logistics

2021-07-28 15:16 5076

BANGALORE, India, July 28, 2021 /PRNewswire/ -- Sonata Software today announced signing of definitive agreements to acquire Encore Software Services, Silicon Valley based IT Services Company providing User experience, Data Insights, and real time collaboration services to clients in the Healthcar...

TrueGreen secures $110m in new funding to advance Nexport Mobility Group to deliver electric vehicle advanced manufacturing for NSW

2021-07-28 11:33 3910

SYDNEY, July 28, 2021 /PRNewswire/ -- ESG accelerator and active impact investor TrueGreen Impact Group ("TrueGreen"), has secured$110m in new funding for its transport and technology group, Nexport Mobility Group ("Nexport"). Tor Investment Management, a private alternative asset manager focused...

Cyient Strengthens its Digital Solutions Suite, IntelliCyient, through Proposed Acquisition of WorkForce Delta

2021-07-28 11:00 11791

* The proposed acquisition will further strengthen Cyient's digital transformation capabilities & offerings in the Utilities and Telecom industries * It will bolster the IntelliCyient portfolio with strong front-end consulting capabilities for digital mobile workforce management solutions HYD...

Noah Holdings Limited Announces US$10 Million Strategic Investment in iCapital Network®

2021-07-28 08:10 13129

SHANGHAI, July 27, 2021 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading and pioneer wealth management service provider inChina offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors...

Tricor Group Signs a Sale and Purchase Agreement to Acquire PT ASA Indonesia Expanding its Portfolio in Payroll, Accounting and Tax with a Stronger Indonesia Presence

2021-07-28 08:00 6084

HONG KONG, July 28, 2021 /PRNewswire/ -- Tricor Group  (Tricor), Asia's leading business expansion specialist, has signed a sale and purchase agreement to acquirePT ASA Indonesia . Tricor is the largest provider of corporate services in ...

China Natural Resources To Acquire Precise Space-Time Technology

2021-07-28 04:05 12621

HONG KONG, July 27, 2021 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") announced today that it has agreed to acquire Precise Space-Time Technology Limited ("Precise Space-Time Technology") for consideration of approximately 104.1 million Chinese Yuan (US$16.1 millio...

Zepp Health Invests $2.4M to Lead neuro42's Series A Round

2021-07-28 04:00 13186

CUPERTINO and SAN FRANCISCO, Calif., July 27, 2021 /PRNewswire/ -- Zepp Health Corp. (NYSE: ZEPP), and neuro42, Inc. today announced that Zepp Health is investing$2.4 million to lead the $6.5 million Series A funding round for the development of MRI and robotics technology that allows physicians ...

B2B Automotive Trading Platform TRADE X Secures C$44 Million in New Equity Financing for Global Expansion

2021-07-27 20:32 3857

TORONTO, July 27, 2021 /PRNewswire/ -- Trade X Group of Companies Inc. (TRADE X) , a global B2B cross-border automotive trading platform, today announced that it has received an equity investment ofC$44 million, or US$35 million, from Aimia Inc. (TSX: AIM), aToronto-based holding company that inve...

Roan Holdings Group Co. Announces Agreement to Set Up Business Travel Service Firm Zhejiang Yijia Travel Digital Technology Co. Ltd.

2021-07-27 20:00 13384

BEIJING and HANGZHOU, China, July 27, 2021 /PRNewswire/ -- Roan Holdings Group Co., Ltd. ("Roan" or the "Company") (OTC Pink: RAHGF and RONWF), a provider of diversified solutions in financial, insurance and healthcare related products and management services, announced today that the Company has...

Shutterstock Announces Formation Of Shutterstock.AI And The Acquisition Of Three Leading Artificial Intelligence Platforms

2021-07-27 19:00 7418

Shutterstock.AI to offer computer vision and predictive performance solutions with the goal of enhancing creative performance NEW YORK, July 27, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and too...

Canadian Solar Raises US$100 Million from BTG Pactual and Itaú BBA to Support Execution of Brazil Project Portfolio

2021-07-27 19:00 11936

GUELPH, ON, July 27, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has closed aBRL 500 million (approximately US$100 million) financing facility with Brazilian banks BTG Pactual and Itaú BBA. ...

Shutterstock Announces Formation Of Shutterstock.AI And The Acquisition Of Three Leading Artificial Intelligence Platforms

2021-07-27 19:00 11969

Shutterstock.AI to offer computer vision and predictive performance solutions with the goal of enhancing creative performance NEW YORK, July 27, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and too...

New Mountain Capital to Acquire Flexan

2021-07-27 18:00 3612

NEW YORK, July 27, 2021 /PRNewswire/ -- An affiliate of New Mountain Capital, LLC ("New Mountain") announced that it has reached a definitive agreement to acquire Flexan, a leading medical device contract design and manufacturing organization that specializes in silicone, thermoplastic, and speci...

MicroPort® Cardiac Rhythm Management Business Announces US$150 Million Series C Investment

2021-07-27 15:42 13655

SHANGHAI, July 27, 2021 /PRNewswire/ -- MicroPort Scientific Corporation (" MicroPort®") announced that MicroPort Cardiac Rhythm Management Limited (" MicroPort® CRM"), which is MicroPort®'s subsidiary focused on developing and commercializing implantable pacemaker and defibrillator devices and rel...

OANDA strengthens leadership team; appoints Philip Holemans as CFO

2021-07-27 15:00 4216

LONDON, July 27, 2021 /PRNewswire/ -- A global leader in online multi-asset trading services, currency data and analytics, OANDA  is pleased to announce the appointment of financial services heavyweightPhilip Holemans as Chief Financial Officer. He will be responsible for optim...

Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia

2021-07-27 13:32 3640

SINGAPORE, July 27, 2021 /PRNewswire/ -- Nium , a leading global B2B payments platform, today announced it has raised a US$200+ million Series D round led by  Riverwood Capital – a U.S.-based high-growth ...

TOJOY and Hurun Launch Gazelle and Future Unicorn Enterprise Lists at Beijing Ceremony

2021-07-27 09:03 1972

BEIJING, July 26, 2021 /PRNewswire/ -- On July 22, the "2021 China Gazelle and Future Unicorn Selection Event" was held inBeijing. Chinese business accelerator TOJOY and financial research institute Hurun co-hosted the event, which was attended by academics, media outlets, and businesspeople from...

Beyond Ventures Becomes First Co-Investment Partner to Buyback Shares from Hong Kong's ITVF

2021-07-27 08:00 3301

HONG KONG, July 27, 2021 /PRNewswire/ -- Beyond Ventures , a Hong Kong based venture capital firm and a co-investment partner with the Innovation and Technology Venture Fund (ITVF), had a 58% internal rate of return (IRR) on its Fund I fromSeptember 2017 through ...

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