Investment & Financing

Hochuen Medical Raises Tens of Millions RMB in Series A Financing

2021-07-13 01:05 2483

SHENZHEN, July 12, 2021 /PRNewswire/ -- Hochuen Medical Technology Co., Ltd. (hereinafter referred to as "Hochuen Medical") has raised a40 million Yuan (RMB) Series A round of financing led by Qiming Venture Partners as the sole investor. The new proceeds will be used to (1) accelerate the com...

Servier and Nymirum Announce Strategic Collaboration to Discover and Develop RNA-Targeted Small Molecule Therapeutics

2021-07-12 23:00 1901

PARIS, July 12, 2021 /PRNewswire/ -- Servier, a global independent pharmaceutical Group, and Nymirum, a pioneer in RNA-targeted small molecules, announced todaythat they have entered into a strategic collaboration to identify and develop RNA-modulatory drugs for the treatment of neurological ...

Raythink receives tens of millions of yuan in series A financing

2021-07-12 22:00 2515

SHENZHEN, China, July 12, 2021 /PRNewswire/ -- Raythink, a provider of in-vehicle AR display products and solutions, announced recently that the company has received tens of millions of yuan in series A financing led by Plum Ventures and joined by Qianhai FOF, Weed Ventures and existing investor ...

HUYA Inc. Announces Termination of Merger Agreement with DouYu

2021-07-12 19:33 52053

GUANGZHOU, China, July 12, 2021 /PRNewswire/ -- HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a leading game live streaming platform inChina, today announced that according to the announcement posted by the State Administration for Market Regulation ofthe People's Republic of China (the "SAMR...

DouYu Announces Termination of Merger Agreement with Huya

2021-07-12 19:12 50384

WUHAN, China, July 12, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform inChina and a pioneer in the eSports value chain, today announced that onJuly 10, 2021, the State Administration for Market Re...

Newater Technology, Inc. Announces Shareholders' Approval of Merger Agreement

2021-07-12 19:00 50856

YANTAI, China, July 12, 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...

ProfoundBio Announces Completion of More Than $55 million Series A Financing to Advance Novel Antibody-Drug Conjugate (ADC) Portfolio

2021-07-12 17:00 3811

WOODINVILLE, Wash. and SUZHOU, China, July 12, 2021 /PRNewswire/ -- ProfoundBio announced the closing of a $55+ million Series A financing round led byLilly Asia Venture and co-led by LYFE Capital, with participation from Sequoia Capital China and Oriza.  All investors from the Series Pre-A finan...

Meridian Innovation Secures US$8 Million in Funding

2021-07-12 16:12 3150

SINGAPORE, July 12, 2021 /PRNewswire/ -- Meridian Innovation Pte Ltd, the pioneer developer of low cost, mass producible thermal sensors, today announced that it has secured a total ofUS$8 million in its latest round of financing inclusive of a bank loan. Existing investors: Creative Technology L...

KPS Capital Partners To Acquire Controlling Stake In Tate & Lyle's Primary Products Business In North America And Latin America

2021-07-12 14:43 11425

New Company Will Be A Leading Manufacturer Of Plant-Based Products For The Food And Industrial Markets Company To Focus On Growth And Sustainability Tate & Lyle PLC To Retain Approximately 50% Ownership Interest NEW YORK, July 12, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced ...

Nomu Pay completes acquisition of first Wirecard APAC entities

2021-07-12 12:00 4011

SINGAPORE, July 12, 2021 /PRNewswire/ -- Nomu Pay , a Finch Capital  funded company, today completed two transactions to acquire Wirecard Payment Solutions Malaysia and Wirecard Payment Solutions Hong Kong, and announced the appointment ofP...

Tricor Group Signs a Sale and Purchase Agreement to Acquire NZGT Holding Company Limited Expanding Corporate Trust Business and Broadening APAC Footprint Covering New Zealand

2021-07-12 08:00 4786

HONG KONG, July 12, 2021 /PRNewswire/ -- Tricor Group  (Tricor), Asia's leading business expansion specialist, has signed a sale and purchase agreement to acquire NZGT Holding Company Limited (NZGT Holdings) together with its wholly owned subsidiariesThe New Zealan...

South Korean agrifood trading platform Tridge secures US$60m investment to scale up the fight against food insecurity

2021-07-12 07:30 10502

Forest Partners invest in food market intelligence and digital trading hub now valued atUS$500m. Pandemic and climate change drive new levels of food disruption. SEOUL, South Korea, July 12, 2021 /PRNewswire/ -- Tridge , the digital trading and market intelligence hub fo...

CrowdProperty signs £300m institutional funding to underpin platform in UK

2021-07-09 10:23 4020

SYDNEY, July 9, 2021 /PRNewswire/ -- CrowdProperty has signed a £300m institutional funding line agreement in the UK with a new investment manager. Michael Bristow and David Ingram — CEOs of CrowdProperty U...

A powerful combination - IGEL Electric and Solcon Industries join forces

2021-07-09 08:00 6914

DORTMUND, Germany, July 9, 2021 /PRNewswire/ -- Solid state motor powerhouse Solcon Industries and leading drive technology specialist IGEL Electric are planning to combine their strengths and merge under the brandSOLCON IGEL – POWERED. SOLCON IGEL – POWERED will be a leading force in the indus...

Electrolux to acquire French service provider La Compagnie du SAV (CSAV)

2021-07-08 22:28 49898

STOCKHOLM, July 8, 2021 /PRNewswire/ -- With the acquisition Electrolux, a leading global appliance company, strengthens its service network inFrance and underlines its commitment to drive circularity and the repairability of appliances.   Electrolux today announced it has agreed to acquire La C...

Alpha Tau and Healthcare Capital Corp. to Combine and Create A Publicly Traded Company Focused on Transforming the Treatment of Solid Tumors Through the Precision Delivery of Alpha Radiation

2021-07-08 21:13 31782

JERUSALEM and WILMINGTON, Del., July 8, 2021 /PRNewswire/ -- Alpha Tau Medical Limited ("Alpha Tau"), the developer of the pioneering alpha-radiation cancer therapy Alpha DaRT™, and Healthcare Capital Corp. ("HCC") (Nasdaq: HCCC), a special purpose acquisition company, today announced they have e...

EverCommerce Completes Acquisition of Timely, Leading Business Management Software for Beauty Industries

2021-07-08 20:32 49584

Acquisition expands EverCommerce product suite and market reach DENVER, July 8, 2021 /PRNewswire/ -- EverCommerce (Nasdaq: EVCM) ("EverCommerce" or the "Company"), a leading service commerce platform, announced today that it completed the acquisition ofTimely, a global appointment booking and b...

Nielsen Strengthens Market Leading Position In TV Attribution And Ad Intelligence With Acquisition Of TVTY

2021-07-08 20:03 50881

NEW YORK, July 8, 2021 /PRNewswire/ -- Global data, measurement and analytics company, Nielsen (NYSE: NLSN), has acquired TVTY, a leading TV attribution provider and ad monitoring company based inParis, France. Financial terms were not disclosed.

Circle to go public through a business combination with Concord Acquisition Corp, supported by over $1.1B in capital

2021-07-08 19:07 49381

- Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. - The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders ...

CAE and Volocopter Partner to Create the Global Air Taxi Pilot Workforce of Tomorrow

2021-07-08 19:00 33745

MONTREAL and BRUCHSAL, Germany, July 8, 2021 /PRNewswire/ -- CAE (NYSE: CAE) (TSX: CAE), a global leader in aviation training, and Volocopter, the pioneer of urban air mobility (UAM), announced today the signing of a strategic partnership, subject to definitive agreement, to develop, certify, and...

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