Investment & Financing

Hyundai Motor Group Completes Acquisition of Boston Dynamics from SoftBank

2021-06-21 17:34 25066

BOSTON, SEOUL, South Korea and TOKYO, June 21, 2021  /PRNewswire/ -- Hyundai Motor Group (the Group), Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), today announced the completion of the Group's acquisition of a controlling interest in Boston Dynamics from SoftBank, following the rece...

Valid joins Google's Android Ready SE Alliance

2021-06-21 17:00 3983

MADRID, June 21, 2021 /PRNewswire/ -- Valid, one of the leading players in the embedded software security and Telecom industry, has joined Google's newAndroid Ready SE Alliance - a collaboration between Google and Secure Element (...

Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation

2021-06-21 16:17 2418

BERLIN, June 21, 2021 /PRNewswire/ -- Forto, the leading provider of digitized freight forwarding and supply chain solutions, today announced that it has successfully raised $240M in an investment round. The round was led by SoftBank Vision Fund 2[1], with participation from Citi Ventures and ...

Taiwanese cloud kitchen startup 3 SQUARE raises seed funding

2021-06-21 12:46 7007

TAIPEI, June 21, 2021 /PRNewswire/ -- While many in the F&B industry have felt the negative impact of the coronavirus pandemic, 3 SQUARE - a digital foodhall network and virtual restaurant group - today announced that it has successfully raised an oversubscribed seed round ofUS$1.2 million.

SK-II Activates #CHANGEDESTINY Fund to Support Women Entrepreneurs in Tokyo Impacted by the Pandemic with Shibuya City

2021-06-21 09:30 3947

SINGAPORE, June 21, 2021 /PRNewswire/ -- Turning views from its SK-II STUDIO™ films into action to further its brand purpose#CHANGEDESTINY, global prestige skincare brandSK-II activates its #CHANGEDESTINY fund to support women-owned small businesses and entrepreneurs that have been impacted by th...

Newater Technology, Inc. Announces the Discharge of Injunction Against its Going Private Transaction

2021-06-19 06:00 26577

YANTAI, China, June 18, 2021 /PRNewswire/ -- Newater Technology, Inc. (NASDAQ: NEWA) ("NEWA", or the "Company"), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of w...

China Customer Relations Centers, Inc. Shareholders Approve Going Private Transaction

2021-06-18 18:30 23870

TAI'AN, China, June 18, 2021 /PRNewswire/ -- China Customer Relations Centers, Inc. (Nasdaq: CCRC) (the "Company"), a leading e-commerce and financial services business process outsourcing service provider inChina, today announced that at the extraordinary general meeting of shareholders (the "EG...

Nuevocor closes US$24M Series A Financing to Advance Novel Gene Therapies for Cardiomyopathies

2021-06-18 09:58 11588

SINGAPORE, June 18, 2021 /PRNewswire/ -- Nuevocor, a preclinical-stage biotech company specializing in gene therapy for cardiomyopathies, has announced the completion of an oversubscribed$24 million Series A financing round. The round was co-led by EVX Ventures andBoehringer Ingelheim Venture Fun...

Osome Raises a $16M Series A to Expand its AI-based Accounting Platform to Global Markets

2021-06-18 09:00 7195

SINGAPORE, June 18, 2021 /PRNewswire/ -- Osome , a super-app that digitizes accounting and compliance services for SMEs, has raised $16M in a Series A funding from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, andPeng T. Ong, an ange...

Osome Raises a $16M Series A to Expand its AI-based Accounting Platform to Global Markets

2021-06-18 09:00 5182

SINGAPORE, June 18, 2021 /PRNewswire/ -- Osome , a super-app that digitizes accounting and compliance services for SMEs, has raised $16M in a Series A funding from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, andPeng T. Ong, an angel i...

IBM Closes Acquisition of Turbonomic to Deliver Comprehensive AIOps Capabilities for Hybrid Cloud

2021-06-18 03:19 23851

Complements recent acquisition of Instana and launch of IBM Cloud Pak for Watson AIOps to address AI-driven automation of IT; powered by Red Hat OpenShift to run anywhere Acquisition builds on IBM's growing investment in its ecosystem partners including Cisco to help customers accelerate their j...

Bigtincan Acquires Vidinoti to Enable Immersive Buying Experiences with Augmented Reality and Connected Objects

2021-06-18 02:29 21585

Combined offering to provide customers with the unique ability to generate interactive 3D experiences for their sellers with a web-based, no code environment WALTHAM, Mass., June 18, 2021 /PRNewswire/ -- Bigtincan (ASX:BTH), the global leader in sales enablement automation, announced it has sign...

Bigtincan Acquires Vidinoti to Enable Immersive Buying Experiences with Augmented Reality and Connected Objects

2021-06-18 02:09 12218

Combined offering to provide customers with the unique ability to generate interactive 3D experiences for their sellers with a web-based, no code environment WALTHAM, Mass., June 17, 2021 /PRNewswire/ -- Bigtincan (ASX:BTH), the global leader in sales enablement automation, announced it has sign...

Match Group Closes Acquisition of Hyperconnect

2021-06-17 19:51 25536

DALLAS and SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today it has completed the acquisition of Hyperconnect, a leading social discovery and video technology company. The $1.725 billion transaction was completed 50% in cash and 50% in Match Group stock....

ADB Increases Credit Limit For SeABank To US$30 Million

2021-06-17 17:26 22985

HANOI, Vietnam, June 17, 2021 /PRNewswire/ -- The Asian Development Bank (ADB) has stated that it would increase the trade finance limit toUSD 30 million while maintaining theUSD-5-million limit of 6-month-tenor revolving loan for Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SS...

Popular gaming platform Sixer Game, part of Game Development Platform Beryllium Secures USD3 Million in Pre-Series A Round

2021-06-17 11:30 2702

NEW DELHI, June 17, 2021 /PRNewswire/ -- Singapore-based Beryllium, an innovative game development startup behind the fast-growing Indian platform, Sixer Game, announced it has secured aUSD 3 Million investment for its Pre-Series A Round led by Bullpen Capital. Other investors include Genting Ve...

BCcard secures a strong foothold in Vietnam's card payments market

2021-06-17 09:00 5478

SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- BCcard (CEO Choi Won-Seok), the biggest card payment acquirer inSouth Korea announced that it has acquired a 100% stake in Vietnamese POS terminal distributor Wirecard Vietnam1 securing a strong foothold inVietnam's card payments market. Wirecard...

BCcard secures a strong foothold in Vietnam's card payments market

2021-06-17 09:00 3702

SEOUL, South Korea, June 16, 2021 /PRNewswire/ -- BCcard (CEO Choi Won-Seok), the biggest card payment acquirer inSouth Korea announced that it has acquired a 100% stake in Vietnamese POS terminal distributor Wirecard Vietnam1 securing a strong foothold inVietnam's card payments market. Wirecard...

handdii Raises $3M to Help Insurance Companies Digitize and Simplify the Property Claims Experience

2021-06-16 22:00 2165

SAN FRANCISCO, June 16, 2021 /PRNewswire/ -- As the insurance industry continues to seek the best way to digitize and simplify the property claims experience, claim management platform handdii is announcing a$3 million Seed round led by Brick & Mortar Ventures, with participation from Nine Four ...

Brazilian Logtech Uello receives USD 4 million in Series A investment deal and now aims at Series B

2021-06-16 22:00 7413

SAO PAULO, June 16, 2021 /PRNewswire/ -- Uello, a Brazilian logtech that uses technology and a collaborative network to provide express freight services with superior experience, concluded its Series A investment deal with an investment injection ofUSD 4 million. The deal was led by the Btomorrow...

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