Investment & Financing

Ringle, online English learning service with 1:1 tutoring, raises $18M Series A

2021-06-10 20:30 2489

SEOUL, South Korea, June 10, 2021 /PRNewswire/ -- As Edtech startups continue to rake in investment with the newfound demand for remote learning,Ringle, the South Korea-based provider of one-on-one English tutoring lessons and a member ofBorn2Global Centre, has raised $18 million (KRW 20Bn) Serie...

AInnovation Completes Series D Financing, Further Focusing on Smart Manufacturing

2021-06-10 18:58 2223

BEIJING, June 10, 2021 /PRNewswire/ -- Recently, AInnovation announced that it has completed Series D financing led by SoftBank Vision Fund 2*. After this round, AInnovation will continue to focus on empowering the manufacturing industry with artificial intelligence and become a leading provider ...

CyCraft Partners with Japanese IT Giant ITFOR to Deploy AI-Enabled Infosec Resilience in Finance Industry

2021-06-10 16:52 5517

TAIPEI, June 10, 2021 /PRNewswire/ -- Taiwan-based information security company CyCraft today (2021/6/10) announced its Japanese subsidiary CyCraft Japan Inc. Ltd. has officially entered into a partnership with ITFOR Inc., a publicly listed company specializing in IT and network services total so...

Fosun Fashion Group to Acquire Italian Luxury Shoemaker Sergio Rossi

2021-06-10 16:00 20124

* Fosun Fashion Group (FFG) is an international luxury fashion group and affiliate of Fosun International, one of the largest innovation-driven consumer groups worldwide * Sergio Rossi brings an iconic footwear brand to FFG's luxury portfolio, which includes Wolford, Caruso, St. John, and Fre...

Peijia Medical Partners with inQB8 for US Incubator and Transcatheter Tricuspid Replacement (TTVR) Product

2021-06-10 10:26 20108

SUZHOU, China, June 9, 2021 /PRNewswire/ -- Peijia Medical (HKEX:9996, or " Peijia"), a leading player in China for medical technology, announced a partnership withinQB8, a Boston based medical technology incubator, to explore innovative solutions for Structural Heart Disease. This partnership inc...

Red Date Technology, Architect Behind the Blockchain-based Service Network (BSN), Closes Landmark 'Series A' Funding

2021-06-10 09:00 3626

HONG KONG, June 10, 2021 /PRNewswire/ -- Red Date Technology, the architect behind the world's largest blockchain connectivity network, the Blockchain-based Service Network (BSN), announced that it has completedUSD 30 million Series A equity financing. The round was led by Prosperity7 Ventures (...

ElectrifAi's Integration with Snowflake to Help Improve Business Performance

2021-06-09 21:00 3990

JERSEY CITY, N.J., June 9, 2021 /PRNewswire/ -- ElectrifAi is excited to integrate with Snowflake's Snowpark + Java UDF, upon its final release, a service that includes native support for multiple programming languages that allows developers, data engineers and data scientists to write code in th...

SuperTurbo Technologies, Inc. Partners with AVL to Conduct Design Validation Process for The SuperTurbo™-a Mechanically Driven Turbocharger that Enables Optimization of Both Performance and Emissions at all Operating Points

2021-06-09 20:00 3284

LOVELAND, Colo., June 9, 2021 /PRNewswire/ -- SuperTurbo Technologies, Inc. is pleased to announce the launch of the final product Design Validation work for the SuperTurbo.  This important milestone is the result of several years of successful technology and product development and refinement, i...

KPS Capital Partners To Acquire Siderforgerossi Group S.p.A.

2021-06-09 16:00 6397

Creates Global Forged Products Platform Marks Second Mid-Cap Fund Acquisition in Italian-based Company NEW YORK, June 9, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to acquire Siderforgerossi Group, S.p.A. ("Siderforgerossi" or...

DFI's increases Ace Pillar's shareholding and deepens the arrangement of intelligent manufacturing

2021-06-09 13:42 2840

TAIPEI, June 9, 2021 /PRNewswire/ -- DFI held its board of directors today. To further integrate DFI andAce Pillar's resource...

Blue Planet Secures Hat-trick with the Acquisition of Qube Renewables Ltd.

2021-06-09 10:30 4544

SINGAPORE, June 9, 2021 /PRNewswire/ -- Today Blue Planet Environmental Solutions Pte. Ltd. ("Blue Planet") announced their third acquisition this year, their third acquisition in the U.K. and their third acquisition in the biogas sector. 

wagely raises US$5.6 million to bring financial wellness to millions of lower- and middle-income workers in Indonesia

2021-06-09 09:00 4756

* wagely enables Indonesian workers to access their earned wages in real-time and provides a more affordable and sustainable alternative to predatory loans. * Founded in 2020 by former Grab and Tokopedia executives, Tobias Fischer (CEO) and Sasanadi Ruka (CTO), wagely will reach over 250,000 I...

/C O R R E C T I O N -- LyondellBasell Industries/

2021-06-09 22:54 6164

In the news release, LyondellBasell Announces Startup of 400,000 KTA / year South Korean Joint Venture Facility, issued08-Jun-2021 by LyondellBasell Industries over PR Newswire, we are advised by the company that the headline should read "LyondellBasell Announces Startup of 400 KTA / year South K...

Cambridge Quantum and Honeywell Quantum Solutions to Combine, Creating World's Leading Integrated Quantum Computing Company

2021-06-09 04:16 3850

CAMBRIDGE, England, June 9, 2021 /PRNewswire/ --  * Transformative combination brings together an unparalleled quantum computing technology and solutions portfolio – the most comprehensive in the industry.  * World-class technological capabilities will deliver advanced quantum computing p...

NextChem and Paul Wurth Join Forces to Develop Innovative Low-carbon Solutions for the Steel Industry

2021-06-09 03:44 1890

ROME, June 9, 2021 /PRNewswire/ -- Maire Tecnimont Group's subsidiary NextChem, andPaul Wurth, a company of the SMS Group and leading technology provider for the steel industry, will join forces to promote the combined use of electrolysis and syngas production in the iron and steel industry. The...

SSENSE secures a minority investment from Sequoia Capital valuing the company at over $5 billion

2021-06-09 03:42 3851

The partnership will accelerate global growth plans for SSENSE, the leading platform for fashion and Everything ElseTM. MONTREAL, June 9, 2021 /PRNewswire/ -- SSENSE, the global technology platform for fashion and Everything ElseTM, announced today it has received a minority investment from lead...

Whatfix Closes $90 Million Series D Backed By SoftBank Vision Fund 2

2021-06-08 21:00 2407

SAN JOSE, Calif., June 8, 2021 /PRNewswire/ -- Whatfix, a leader in Digital Adoption Solutions ("DAS"), today announced it has raised$90 million in Series D funding. SoftBank Vision Fund 2* led the round, with participation from Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Gr...

Whatfix Closes $90 Million Series D Backed By SoftBank Vision Fund 2

2021-06-08 21:00 2054

The digital adoption leader tripled its valuation since 2020, plans to accelerate hyper-growth in the global market category with new round of funding SAN JOSE, Calif., June 8, 2021 /PRNewswire/ -- Whatfix, a leader in Digital Adoption Solutions ("DAS"), today announced it has raised$90 million i...

Corona becomes first global beverage brand to achieve a net zero plastic footprint globally

2021-06-08 19:01 8058

- The achievement is another step in Corona's long-term aim to leave no plastic in nature - For World Oceans Week, Corona Releases "Plastic Reality" an eye-opening augmented reality (AR) experience to empower people to join the brand in their zero plastic quest - The Augmented Reality (AR) tool...

Ying Hai Announces Possible Acquisition of a Zhuhai Travel Company

2021-06-08 11:35 16171

HONG KONG, June 8, 2021 /PRNewswire/ -- Ying Hai Group Holdings Company Limited ("the Company" or "Ying Hai Group", together with its subsidiaries, the "Group", HKSE stock code: 8668) is pleased to announce that, the Group will acquire Zhuhai Huanya International Tourism Co., Ltd. ("Target Comp...

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