Investment & Financing

CLPS Incorporation Announces the Completion of Capital Increase Agreement Transaction in MSCT to Ramp Up Cooperation in Global Financial Technology Services Market with MCT

2021-08-20 20:30 15537

HONG KONG, Aug. 20, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that it has completed the previously announced Capital Increase Agreement (the "Agreement") transaction with Minshang Creative Technology Holdings Limited ("MCT", 01632.HK). CLPS,...

The Acquisition of HKTaxi by Uber Marks First Successful Full "Exit" Deal for Beyond Ventures

2021-08-20 15:00 6309

HONG KONG, Aug 20, 2021 /PRNewswire/ -- Beyond Ventures, a Hong Kong-based venture capital firm, is pleased to announce today that the acquisition of HKTaxi by Uber marks the first successful full "exit" deal for Beyond Ventures among all of its prominent portfolio companies. This is also a recog...

Hudson Sustainable Group in Japan Closes ¥1.4 Billion Mezzanine Facility

2021-08-19 21:30 3500

MIAMI, Aug. 19, 2021 /PRNewswire/ -- Hudson Sustainable Group, LLC (Hudson) announced today that it has closed a mezzanine loan facility of1.4 billion JPY with Mitsubishi HC Capital Inc. The mezzanine loan facility, which closed on July 19, 2021, is backed by Hudson's portfolio of thirty-three ope...

Daewoong Pharmaceutical and Hanall Biopharma Invest $1M USD in Alloplex Biotherapeutics

2021-08-19 21:00 3251

SEOUL, South Korea, Aug. 19, 2021 /PRNewswire/ -- Daewoong Pharmaceutical and Hanall Biopharma ofSouth Korea are expanding their global open collaboration initiative by investing in Alloplex Biotherapeutics, an emergingBoston-based biotechnology company.

Speclipse attracts $7.7M in investments with its laser spectroscopic and artificial intelligence medical diagnosis technology

2021-08-19 20:30 2207

SEOUL, South Korea, Aug. 19, 2021 /PRNewswire/ -- Speclipse, a startup specializing in laser spectroscopic and AI-based medical diagnosis technologies and a member ofBorn2Global Centre, recently attracted USD 7.7 million in investments for an accumulated investment total ofUSD 13 million. ...

Wondershare Acquires Ufoto to Empower Users in the New Video Era

2021-08-19 20:00 5391

VANCOUVER, BC, Aug. 19, 2021 /PRNewswire/ -- Wondershare has announced the acquisition of Ufoto, a global leader in mobile video editing services. Ufoto specialized in providing a powerful, smart and convenient digital creation experience through mobile devices. Th...

Appian appoints Paul Harvey as Senior Operating Partner

2021-08-19 15:00 3062

LONDON, Aug. 19, 2021 /PRNewswire/ -- Highlights * Appointment of Paul Harvey strengthens Appian's senior team * Paul will hold the role of Senior Operating Partner, providing operational oversight to portfolio companies and advising on potential investments * Brings 30 years of experience ...

High Volume division makes acquisition in China

2021-08-19 14:45 3404

STOCKHOLM, Aug. 19, 2021 /PRNewswire/ -- Mycronic's Assembly Solutions High Volume division has signed an agreement to acquire Shenzhen Huan Cheng Xin Precision Manufacture Co., Ltd., a company with around 120 employees and headquarters inShenzhen, China. Shenzhen Huan Cheng Xin Precision Manufa...

Industrial cybersecurity startup TXOne Networks secures $12.9M in "Series A" round of investment

2021-08-19 08:45 3114

Significant financing fosters substantial growth in the highly anticipated industrial cybersecurity market TAIPEI, Aug. 19, 2021 /PRNewswire/ -- TXOne Networks , a global leader in Industrial IoT (IIoT) security, announced today that it has completed its...

BioCheck Inc Acquires DRG International Inc, a leading IVD company

2021-08-19 00:04 3831

Transformative deal significantly increases IVD development, manufacturing and sales channel for novel ELISA andChemiluminescent immunoassay platforms SOUTH SAN FRANCISCO, Calif., Aug. 19, 2021 /PRNewswire/ -- BioCheck, Inc. has announced that it has acquired DRG International, a leading manufac...

MediTrust Health Raises Over RMB2 Billion in Series C Financing Successfully: ESG Drives Value Creation

2021-08-18 20:14 2886

HONG KONG, Aug. 18, 2021 /PRNewswire/ -- Shanghai MediTrust Health Technology Co., Ltd. (hereinafter referred to as "MediTrust"), a leading innovative healthcare services platform inChina, announced a successful capital raising of overRMB2 billion (approximately US$308 million) in a Series C fina...

MDJM Establishes New Joint Venture Company for Asset Management Business to Implement Global Expansion Strategy

2021-08-18 19:30 4087

TIANJIN, China, Aug. 18, 2021 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJM"), an integrated real estate services company inChina, today announced the establishment of a new joint venture company in theUnited Kingdom under the name of Mansions Estate Agent Ltd ("Mansions Estate"...

3one4 Capital funds ranked among India's top performing VC funds

2021-08-18 14:49 2999

* 3one4's Rising I & Fund II funds are ranked #1 and #2 respectively by Preqin * With Net IRR of 37% and 35% respectively, Rising I & Fund II funds are the top two amongst the best performingIndia-focused VC funds between the vintage years 2010- 2018 as per Preqin BENGALURU, India, Aug. 18, 202...

VVDN Technologies Joins NVIDIA Partner Network to Expand Opportunities for Advanced AI-Enabled Camera & Vision Applications

2021-08-18 09:00 4414

SAN JOSE, California, Aug. 18, 2021 /PRNewswire/ -- VVDN Technologies , a premier electronic product engineering and manufacturing company, announced that it has joined the NVIDIA Partner Network ( NPN ) as a provider o...

Digital asset manager Hyperithm raises $11M in Series B round

2021-08-18 06:30 2747

TOKYO, Aug. 18, 2021 /PRNewswire/ -- Hyperithm, a private digital asset manager based inTokyo and Seoul, announced that it has raised $11 million in a Series B funding round. The round was co-led by Hashed and Wemade Tree, with participation from Coinbase Ventures, Cocone, GS Futures, and Guardi...

Airbus, GRC, Avanti and Get SAT To Provide High-Speed, Secure Satcom-On-The-Move Connectivity

2021-08-18 06:00 3472

TEL AVIV, Israel, Aug. 18, 2021 /PRNewswire/ -- Airbus Defence and Space, GRC Ltd., Avanti Communications Group plc and Get SAT Ltd. have signed a multi-million dollars contract to deliver high-speed, secure satcom-on-the-move connectivity. GRC have partnered with Airbus to deliver hardware, trai...

HH Global acquires Adare International

2021-08-18 02:57 3105

Merge completion of global marketing services providers, HH Global and Adare International  LONDON and CHICAGO, Aug. 18, 2021 /PRNewswire/ -- HH Global is pleased to announce the completion of the acquisition of Adare International (including Purple Agency), from the private equity firm Endless...

GD1's Fund 3 first close raises $130M for NZ's most ambitious and globally minded startups; more than double its original first close target

2021-08-18 02:11 2242

AUCKLAND, New Zealand, Aug. 18, 2021 /PRNewswire/ -- New Zealand venture capital firm Global From Day1 (GD1) has announced the first close of its Fund 3, over target at$130 million. A final round close is targeted at $160m. Fund investment was led by large institutional funds and top tier inves...

GD1's Fund 3 first close raises $130M for NZ's most ambitious and globally minded startups; more than double its original first close target

2021-08-18 02:07 2787

AUCKLAND, New Zealand, Aug. 18, 2021 /PRNewswire/ -- New Zealand venture capital firm Global From Day 1 (GD1) has announced the first close of its Fund 3, over target at$130 million. A final round close is targeted at $160m. Fund investment was led by large institutional funds and top tier inve...

LEAP Commerce, the award-winning eCommerce enabler and brand partner in Asia Pacific

2021-08-17 22:30 10216

SINGAPORE, Aug. 17, 2021 /PRNewswire/ -- Since 2016, LUXASIA  has been on a journey of Digital Transformation. As part of this journey, LUXASIA has incubated and built one of the leading eCommerce enablers in the region. Its remarkable track record has been recognized b...

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