Investment & Financing
Airwallex founders launch new venture capital fund, Capital 49
* In cooperation with Airwallex, the new fund set up by Airwallex founders will invest into early stage, high-growth, technology-enabled companies powered by Airwallex's infrastructure. * Aims to raise US$200 million, focused on investment opportunities among companies within Airwallex's ecos...
Hemanext Partners with Sickle Cell 101 to Sponsor Sickle Cell Education
LEXINGTON, Mass. and SAN FRANCISCO, July 28, 2021 /PRNewswire/ -- Hemanext Inc. a privately held, US-based medical technology company dedicated to improving the quality, safety, efficacy, and cost of red blood cell (RBC) transfusions, has partnered withSickle Cell 101 (SC101), a Silicon Valley-ba...
New Venture Capital Fund Based in New Zealand Launched by Successful U.S. Tech Executive
SAN FRANCISCO, July 28, 2021 /PRNewswire/ -- Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based inNew Zealand and operated out of New Zealand, San Francisco and New York City. It focuses on intellectual-capital-driven companies ...
Johnson Matthey acquires assets to accelerate green hydrogen scale-up
LONDON, July 28, 2021 /PRNewswire/ -- Johnson Matthey, a global leader in sustainable technologies, today announced its acquisition of the assets and intellectual property of Oxis Energy Limited, based nearOxford, UK. Oxis Energy was a lithium-sulfur battery developer with assets which can be ada...
Kasisto Announces Series C Funding to Fuel Rapid Growth, Powering the Financial Services Industry with Cutting Edge Conversational AI Technology
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
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
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
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
* 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®
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
HONG KONG, July 28, 2021 /PRNewswire/ -- Tricor Group
China Natural Resources To Acquire Precise Space-Time Technology
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
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
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.
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
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
GUELPH, ON, July 27, 2021 /PRNewswire/ -- Canadian Solar Inc.
Shutterstock Announces Formation Of Shutterstock.AI And The Acquisition Of Three Leading Artificial Intelligence Platforms
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
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
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...
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