Investment & Financing
AGBA Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, May 12, 2021 /PRNewswire/ -- AGBA Acquisition Limited (NASDAQ: AGBA, the "Company"), a special purpose acquisition company, announced today that AGBA Holding Limited, the Company's initial public offering sponsor ("Sponsor"), has deposited into the Company's trust account (the "Trust A...
Parallel Wireless Partners with Millicom to Deliver First 4G O-RAN Networks in Latin America
World's leading O-RAN solution to enable internet connectivity in new areas of Colombia NASHUA, N.H., May 12, 2021 /PRNewswire/ -- Parallel Wireless, Inc., the U.S.-based Open RAN company delivering the world's leading All G, cloud-native Open RAN solution, is proud to announce that we have been...
Regent Pacific's Unrealised Gain in Venturex Resources Limited Increased to US$10.74 million
Highlights: Unrealised Gain in Venturex Resources Limited * Regent Pacific's investment in Venturex Resources Limited has increased significantly toUS$10.74 million (approximately HK$83.77 million) and a marked to-market value ofUS$13.13 million (approximately HK$102.41million) on its VXR sha...
Ericsson announces settlement with impact in second quarter 2021
- Settlement with Nokia of EUR 80 m (SEK 0.8 b equivalent) related to 2019 resolution with the U.S. authorities - Impact of EUR 80 m on EBIT and EUR 26 m on cashflow in Q2 2021 STOCKHOLM, May 12, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a dam...
KPS Capital Partners To Sell TaylorMade Golf Company, Inc. To Centroid Investment Partners
NEW YORK, May 11, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company, TaylorMade Golf Company, Inc. ("TaylorMade" or the "Company"), to Centroid Investment Partners ("Centroid"), aSeoul, Korea based private...
CellCarta Strengthens its Histological Biomarker Franchise by Acquiring Artificial Intelligence-Based Quantitative Pathology Leader Reveal Biosciences
MONTREAL, May 11, 2021 /PRNewswire/ -- CellCarta, a global provider of precision medicine services, announced today the acquisition of Reveal Biosciences ("Reveal"), aSan Diego California based computational pathology company offering cutting-edge artificial intelligence (AI)-based quantitative ...
Lightspeed teams up with Google to help retailers increase local shopping revenue
Integration allows omnichannel retailers to automate ads and real-time inventory levels directly from the Lightspeed platform MONTREAL, May 11, 2021 /PRNewswire/ -- Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, announced today it willinte...
Kakao Entertainment Acquires Tapas and Radish Media, Two Leading U.S.-based storytelling platforms
SEOUL, South Korea, May 11, 2021 /PRNewswire/ -- Kakao Entertainment signed definitive agreements onMay 7 to acquire two storytelling platforms based in the U.S., Tapas Media, Inc. (hereafter Tapas) and Radish Media, Inc. (hereafter Radish). The acquisitions pave the way for Kakao Entertainment t...
Thailand's 'Singha Estate' acquires 286-hectare 'World Food Valley' industrial estate
"Acquiring an industrial estate that is closely linked to the three power plants in which we have also taken substantial stakes is another step forward in the fulfilment of our strategy to create powerful synergies between Singha Estate's multiple business platforms. It gives us great competitive...
Adyen launches Planet, enabling climate action at checkout
AMSTERDAM, May 11, 2021 /PRNewswire/ -- ADYEN (AMS: ADYEN), the payments platform of choice for many of the world's leading companies, today announced the launch of Planet, the company's latest addition to its Impact product suite1 . Planet allows Adyen's merchants to offer their shoppers the oppo...
ADA Announces Strategic Investment of USD 60 million from SoftBank Corp.
* ADA receives USD 60 million investment from SoftBank Corp. * SoftBank Corp. as a strategic investor will form business alliance to make ADA the core of its digital and data marketing arm inSoutheast Asia * New investment will be used to enhance ADA's data and AI offering, and marketing sol...
DiA Imaging Analysis Partners with SonoScape Medical Corporation to Deliver Cardiac Ultrasound AI solutions
BE'ER SHEVA, Israel, and SHENZHEN, China , May 11, 2021 /PRNewswire/ -- DiA
Imaging Analysis Ltd.
Futu Clearing Inc. Secures $400M to Expand US Operations
PALO ALTO, Calif., May 10, 2021 /PRNewswire/ -- Today Futu Clearing Inc. announced it received a strategic capital injection in the amount of$400 million from its parent company, Futu Holdings, Ltd (Nasdaq: FUTU). As the backbone that facilitates trading of US equities for clients across the glo...
Hyva Acquires Usimeca In Latin America
Expanded footprint in Waste Handling Solutions. Consolidating leadership in the region, shaping the strongest player in Waste Handling Solutions. ALPHEN AAN DEN RIJN, Netherlands, May 10, 2021 /PRNewswire/ -- Hyva, a global leader in loading and unloading hydraulic solutions serving the commercia...
Urban Tiller Bags Investment from Top Angel Investors
SINGAPORE, May 10, 2021 /PRNewswire/ -- Urban Tiller
The OPEC Fund boosts renewable energy and access to finance in Nepal
VIENNA, May 10, 2021 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) has signed aUS$15 million loan in favor of NMB Bank Limited inNepal for the purpose of financing micro-, small- and medium-sized enterprises (MSMEs) and renewable energy projects. The loan represents ...
Alebund Pharmaceuticals Raises $60 million in Series B Financing Round to Accelerate Its Development of Innovative Drugs and Total Solutions for the Treatment of Renal Diseases
SHANGHAI, May 9, 2021 /PRNewswire/ -- Alebund Pharmaceuticals ("Alebund" or the "Company"), a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, today announced that it has raised$60 million in its Series B fi...
Building the Height of High-Quality Capital Accumulation - 2021 Qingdao Global Venture Capital Conference Held
QINGDAO, China, May 9, 2021 /PRNewswire/ -- Qingdao, an island of youth and a hot spot of innovation and entrepreneurship, has a complete industrial system, outstanding innovation ability and profound financial genes, and is promoted to develop more quickly with the holding of the Global Venture ...
Youibot received RMB 100mn in a new funding round
SHENZHEN, China, May 7, 2021 /PRNewswire/ -- On May 7, Youibot, a mobile robot and solution provider, announced it received financing ofRMB 100 million led by SoftBank Ventures Asia. The Youibot which won SoftBank Ventures Asia's investment this time is a leading enterprise inChina's industrial ...
WuXi Biologics Completed Three Acquisitions to Enhance its Global Network
SHANGHAI, May 7, 2021 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a global company with leading open-access biologics technology platforms, announced that it has completed the acquisitions of a Bayer manufacturing facility in Wuppertal,Germany, the Pfizer China ("Pfizer") manufacturing...
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