Investment & Financing
Spinnaker Support Acquires Dobler Consulting
Two established firms combine to create a database powerhouse for delivering support services for SAP Sybase, Oracle Database, Microsoft SQL Server, and more DENVER, Sept. 1, 2021 /PRNewswire/ -- Spinnaker Support, the premier global provider of Oracle, SAP, and Salesforce support services, today...
PDI Signs Definitive Agreement to Acquire Orbis Tech Entering the Global POS Market and Names Brad McGuinness as Senior Vice President of Point of Sale Solutions
The company adds POS software suite and expands its international back-office, and home-office capabilities to help global fuel, hospitality and retail businesses thrive ATLANTA, Sept. 1, 2021 /PRNewswire/ -- PDI (www.pdisoftware.com), a global provider of leading enterprise management software ...
SKF acquires lubrication filtration business
GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ -- SKF has completed the acquisition of EFOLEX AB, aGothenburg-based manufacturer of the Europafilter-branded industrial lubrication and oil filtration systems. EFOLEX offers offline filtration systems used in process manufacturing and energy industri...
Dayone Capital Fund I Closes at USD630 million with Oversubscription
SHENZHEN, China, Sept. 1, 2021 /PRNewswire/ -- Dayone Capital announced today the final closing of Dayone Capital Fund I L.P. (" Dayone Fund I"), its first USD-denominated private equity fund, with a total capital commitment exceeding USD630 million, surpassing the initial fundraising target of US...
CCV Portfolio Lomotif, One of the Top Worldwide Social Video-Sharing Apps, Completes Acquisition by ZVV Media
BEIJING, Sept. 1, 2021 /PRNewswire/ -- CCV portfolio Lomotif has been acquired by ZVV Media, a joint venture of ZASH Global Media and Entertainment Corporation ("ZASH"), and Vinco Ventures. CCV is the first institutional investor of Lomotif, who led the company's series A round in 2018. Until the...
Veson Nautical Announces Acquisition of Data Solutions Product Oceanbolt
BOSTON, Sept. 1, 2021 /PRNewswire/ -- Veson Nautical, the global market leader for commercial maritime software, is proud to announce itsstrategic acquisition of Oceanbolt, a dynamic data solutions product for bulk commodity trade flow analysis and marine shipping intelligence. Oceanbolt's data ...
g&m Pte Ltd acquires ANDA Insurance Agencies Pte Ltd
SINGAPORE, Sept. 1, 2021 /PRNewswire/ -- g&m Pte Ltd, a leading insurance broker offering advisory services for retail segments of insurance inSingapore, announced today that it has reached an agreement to acquire ANDA Insurance Agencies Pte Ltd, a leading provider of domestic helper and moto...
The preliminary of "Auto Valley Capital Island • Industry Innovation Competition" ended successfully, and the semi-finals will start on August 31
WUHAN, China, Aug. 31, 2021 /PRNewswire/ -- Supported by Wuhan Economic and Technological Development Zone and Wuhan Local Finance Bureau, organized by Wuhan Economic Development Investment Co., Ltd, the onlinepreliminary of "Auto Valley Capital Island • Industry Innovation Competition" endedsucc...
ETERN Therapeutics Announces Completion of Series B Financing to Advance the Protein Liquid-Liquid Phase Separation Technology Platform and Accelerate the Development of Novel Drugs to Target "Undruggable" Proteins
SHANGHAI, Aug. 31, 2021 /PRNewswire/ -- ETERN Therapeutics, a clinical-stage biotech company focusing on developing novel technologies to target "undruggable" proteins, today announced the completion of a Series B financing round. The financing was co-led by GL Ventures and AstraZeneca-CICC Healt...
Eviosys Launches As A New Company To Deliver Smart, Sustainable Packaging Solutions
New company formed as KPS Capital Partners completes its acquisition of Crown Holdings Inc.'s EMEA food and consumer packaging business. -- Global packaging firm Eviosys has been formed to deliver smart, sustainable packaging solutions for its customers. -- The new brand name Eviosys deriv...
Databricks Raises $1.6 Billion Series H Investment at $38 Billion Valuation
SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ -- Databricks, the Data and AI company, today announced a$1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as the data architecture's popularity across data-driven organizations continues to grow at a rapid pace. ...
Rafay Systems Raises $25 Million Series B Funding Led by ForgePoint Capital to Deliver Industry's First Platform for Kubernetes Operations
SUNNYVALE, Calif., Aug. 31, 2021 /PRNewswire/ -- Rafay Systems, the leading platform forKubernetes Operations, today announced a $25 million Series B funding round led by ForgePoint Capital, with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures. Rafay wi...
SKF strengthens analytics capability through acquisition
GOTHENBURG, Sweden, Aug. 31, 2021 /PRNewswire/ -- SKF has completed the acquisition of Rubico Consulting AB, an industrial consultancy firm with 10 employees based in Luleå,Sweden. Rubico Consulting AB specialises in visualisation and analysis of signal data. This expertise will be integrated ...
YAS MicroInsurance Raises Pre-Series A from 500 Startups To Bring Protection and Care to Southeast Asia
HONG KONG, Aug. 31, 2021 /PRNewswire/ -- Every Partner Matters! YAS MicroInsurance, a leading microinsurance innovative startup headquartered in Hong Kong, has partnered with and closed a Pre-Series A funding led by 500 Startups, a reputable global venture fund and seed accelerator for early-stage...
Digital Health Platform Doctor Anywhere Closes S$88 Million Series C Round to Deepen Southeast Asia Expansion
* The company has experienced a 500 percent growth in the business since the start of 2020. * The investment will significantly bolster DA's market leadership and its mission to transform the regional healthcare landscape through technology. SINGAPORE, Aug. 31, 2021 /PRNewswire/ -- Doctor Any...
Temasek-founded Aicadium acquires Singapore AI firm BasisAI
SINGAPORE, Aug. 31, 2021 /PRNewswire/ -- Aicadium
FamiCord Group investing in stem cell bank owned by Smart Cells Holdings Limited, UK
WARSAW, Poland, Aug. 31, 2021 /PRNewswire/ -- Polski Bank Komórek Macierzystych S.A. (PBKM), which leads the international FamiCord Group,Europe's largest stem cell bank, signed a transaction agreement with shareholders of Smart Cells Holdings Limited, based inLondon UK, to acquire a majority sta...
TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion
Additional US$10 million equity funding from other strategic investors in a subsequent close to Aimia'sUS$35 million raise completes the company's target funding size ofUS$45 million TORONTO, Aug. 30, 2021 /PRNewswire/ --Trade X Group of Companies Inc. (TRADE X), a global B2B automotive tr...
Miss HK Lisa-Marie Tse Vetted Hong Kong Food Tech Startup Allklear Wraps HK$10M Series Pre-A Funding, Now Valued at almost $100M, Leading New Trends of Healthy Living
HONG KONG, Aug. 30, 2021 /PRNewswire/ -- A Hong Kong food tech startup combining nature and technology, Allklear, has completed Series Pre-A funding, raisingHK$10M from lead investor Gobi Partners, private investor Miss Hong Kong 2020 Lisa-Marie Tse, and co-investors—Chartwell Ventures Limited, V...
Triad Life Sciences completes A$25m funding round, anticipates ASX listing in coming months
MEMPHIS, Tenn., Aug. 29, 2021 /PRNewswire/ -- Innovative US based biotech companyTriad Life Sciences, Inc (Triad or the Company), is pleased to announce the completion of a successfulA$25 million funding round which saw strong support from major Australian institutional investors. The convertible...
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