Investment & Financing
YOFC Acquired 100% Equity of Poliron in Brazil
WUHAN, China, June 11, 2021 /PRNewswire/ -- Yangtze Optical Fibre and Cable Joint Stock Limited Company ("YOFC" or "the Company", stock code: 6869.HK, 601869.SH) announced that it has acquired 100% equity of Belden Poliron Indústria De Cabos Especiais Ltda. ("Poliron"), a previous wholly owned s...
4YFN Moves To The Heart Of MWC Putting Startups In The Centre Of The Mobile Ecosystem
BARCELONA, Spain, June 10, 2021 /PRNewswire/ -- 4YFN (Four Years From Now) 2021, the GSMA's key innovation platform, will be in the heart of MWC Barcelona for the first time this year. Combining these two influential events recognises the critical role startups play in fulfilling the potential of...
IFS completes the acquisition of global Enterprise Service Management provider Axios Systems
LONDON and EDINBURGH, Scotland, June 10, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, announces that it has concluded the acquisition of Axios Systems. The transaction, which was initially announced in March 2021, combines two pioneers of the service management spa...
WiMi Hologram Cloud Inc. Announces Merger of VIYI Algorithm Inc. and Venus Acquisition Corporation
BEIJING, June 10, 2021 /PRNewswire/ -- WiMi Hologram Cloud, Inc. ("WiMi" or the "Company") (NASDAQ: WIMI) today announced that WiMi, VIYI Algorithm Inc., ("VIYI Algo"), a company controlled by WiMi, and Venus Acquisition Corporation (Nasdaq: VENA) ("Venus"), a publicly traded special purpose acqu...
Venus Acquisition Corporation Announces Proposed Business Combination with VIYI Algorithm Inc.
NEW YORK, June 10, 2021 /PRNewswire/ -- Venus Acquisition Corporation (Nasdaq: VENA) ("Venus"), a publicly traded special purpose acquisition company, and VIYI Algorithm Inc. ("VIYI Algo"), a Cayman Islands exempted company operating inChina and controlled by WiMi Hologram Cloud, Inc. (NASDAQ: ...
Ringle, online English learning service with 1:1 tutoring, raises $18M Series A
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
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
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
* 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
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
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
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
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.
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
TAIPEI, June 9, 2021 /PRNewswire/ -- DFI held its board of directors today. To
further integrate DFI
Blue Planet Secures Hat-trick with the Acquisition of Qube Renewables Ltd.
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
* 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/
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
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
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...
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