Investment & Financing

Global e-bike Innovator Zoomo Driving Electrification of Last-Mile Delivery, Backed by new AirTree investment

2021-05-03 22:00 6856

NEW YORK, May 3, 2021 /PRNewswire/ -- Australian born e-bike innovator Zoomo , announces today it has secured $12 million from existing and new investors, led by top tier Australian VC, AirTree, as they expand into new markets and invest in further innovation of its co...

Arthur J. Gallagher & Co. Acquires Mutual Brokers Pty Ltd

2021-05-03 14:00 5546

ROLLING MEADOWS, Ill., May 3, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition ofCanberra, Australian Capital Territory (ACT)-based Mutual Brokers Pty Ltd. Terms of the transaction were not disclosed. Founded in 1985, Mutual Brokers is an independent bro...

Tarena Enters into Definitive Agreement for "Going Private" Transaction

2021-04-30 19:59 8059

BEIJING, April 30, 2021 /PRNewswire/ -- Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company"), a leading provider of professional education and K-12 education services inChina, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with K...

IBM to Acquire Turbonomic Building Industry's Most Comprehensive AIOps Capabilities for Hybrid Cloud

2021-04-30 03:10 7920

- Addition of Turbonomic will enable businesses to assure application performance using AI and cut costs by optimizing the deployment of IT resources acrossdevelopment, test and production environments - Complements IBM's recent acquisition of Instana and launch of IBM Cloud Pak for Watson AIOps ...

Vectra AI Raises $130 Million led by Blackstone Growth (BXG)

2021-04-29 20:30 3750

SYDNEY, April 29, 2021 /PRNewswire/ -- Vectra AI , a leader in threat detection and response today announced a$130 million round of funding led by funds managed by Blackstone Growth (BXG, "Blackstone Growth"). The investment will help fuel Vectra's continued growth through ...

Laiye Closes $50 Million in Series C+ Funding

2021-04-29 18:15 3903

BEIJING, April 29, 2021 /PRNewswire/ -- Laiye, China's leader in Intelligent Automation, has announced today it has raised$50 million in series C+ funding in a round jointly led by Ping An Global Voyager Fund and Shanghai Artificial Intelligence Industry Equity Investment Fund with participation ...

Virgin Money partners with Fintech Trade Ledger as part of a new business banking proposition

2021-04-29 18:17 3114

LONDON, April 29, 2021 /PRNewswire/ -- Virgin Money continues to build its business banking proposition, adding FinTech partner, Trade Ledger, which specialises in data-driven lending technology. Trade Ledger is a leading global technology provider for the commercial banking and financial servic...

Hilco Industrial Acquires All Machinery & Equipment from Legacy Pharmaceutical Switzerland

2021-04-29 13:04 2401

BASEL, Switzerland, April 29, 2021 /PRNewswire/ -- Hilco Industrial Acquisitions, anAmsterdam-based Industrial Asset Disposition and Acquisition Company, acquired all Machinery & Equipment from theSwiss-based CMO Legacy Pharmaceuticals. After several years of expansion, the Swiss company was forc...

Chinese consortium of CMEC and CDIL to Invest and Finance one of the Largest Solar Power Projects in Latin America

2021-04-28 23:59 5846

HONG KONG, April 28, 2021 /PRNewswire/ -- China Development Integration Limited ("CDIL") and China Machinery Engineering Corporation ("CMEC") are pleased to announce that they have entered into a development agreement in relation to the EPC+F (engineering, procurement, construction + financing) o...

Opsera Raises $15 Million Series A Funding to Lead Continuous Orchestration of DevOps and Software Delivery

2021-04-28 23:03 2478

Opsera democratizes DevOps with its self-service, no-code orchestration platform to help enterprises deliver software faster, safer and smarter SAN FRANCISCO, April 28, 2021 /PRNewswire/ -- Opsera, the Continuous Orchestration platform for DevOps, today announced$15 million in Series A funding l...

OpenSpace Announces Series C Funding to Expand Automated Construction Progress Tracking and Accelerate International Expansion

2021-04-28 21:00 2207

Alkeon Capital Management leads $55M round; OpenSpace also recently announced that ClearSight Progress Tracking is now available to all customers SAN FRANCISCO, April 28, 2021 /PRNewswire/ -- OpenSpace, the global leader in 360° construction photo documentation and analysis, today announced a$55M...

CROs dMed and Clinipace Merge to Accelerate Customer Success

2021-04-28 20:00 4602

SHANGHAI and MORRISVILLE, N.C., April 28, 2021 /PRNewswire/ -- dMed Global, a full-service Clinical Contract Research Organization (CRO) based inShanghai, China, and Clinipace Incorporated, a full-service Clinical CRO with headquarters inNorth Carolina, USA, announced today that the two companies...

ERT and Bioclinica Close Merger, Creating the Global Leader in Clinical Trial Endpoint Technology

2021-04-28 19:59 3932

PHILADELPHIA, April 28, 2021 /PRNewswire/ -- ERT, a global leader in clinical endpoint data solutions, today announced the close of its merger withBioclinica , a technological and scientific leader in clinical imaging. This combination creates the global leader in clinical trial endpoint technolog...

Turn Biotechnologies completes latest round of funding

2021-04-28 19:50 4505

Silicon Valley investor Khosla Ventures joins esteemed group of global investors backing Turn MOUNTAIN VIEW, Calif., April 28, 2021 /PRNewswire/ -- Turn Biotechnologies, a company developing novel RNA medicines for untreatable age-related conditions, today announced that it has closed its latest...

Global leading AMI vendor Ubiik Completes US$5M Series A funding

2021-04-28 17:30 2955

TAIPEI, April 28, 2021 /PRNewswire/ -- The leading Low Power Wide Area Network (LPWAN) solutions provider Ubiik today announces that it has completed itsUS$5M Series A funding led by Taiwania Capital. The investment will fuel the global expansion of its industry-leading AMI (Advanced Metering Inf...

Royal Commission for AlUla confirms USD 15 billion masterplan opportunity for public-private partnerships

2021-04-28 15:25 5680

With an estimated total development value of over USD 15 billion (SAR 57 billion ), the world's largest oasis regeneration project – The Journey Through Time Masterplan – will create opportunities for responsible investment USD 3.2 billion (SAR 12 billion) to be dedicated to the development of pr...

Songtradr Acquires Film, Tv And Gaming Music Data Platform Tunefind

2021-04-28 00:00 3825

LOS ANGELES, April 28, 2021 /PRNewswire/ -- Songtradr, the world's largest B2B music licensing marketplace, announced today that they have acquired music technology and data company, Tunefind. Tunefind is the world's most comprehensive database and online source of information for music in telev...

AccuKnox Secures $4.6M in Seed Funding to Meet Growing Demand for Zero-Trust Kubernetes Security Solutions

2021-04-27 23:31 2225

National Grid Partners leads seed investment in Zero Trust Cloud Security innovator AccuKnox, with strategic investment from SRI, z5Capital and Outliers VC. MENLO PARK, Calif., April 27, 2021 /PRNewswire/ -- AccuKnox, formed in partnership withSRI (Stanford Research Institute), today announced t...

Glory Star to Acquire YMT, a Leading Cross-border E-commerce Platform

2021-04-27 20:00 4336

BEIJING, April 27, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce company inChina, today announced that it has signed a non-binding letter of intent ("LOI") to acquire ...

1046 individual capital raises in 12 months signals growth outlook for Australian economy

2021-04-27 14:02 1350

MELBOURNE, Australia, April 27, 2021 /PRNewswire/ -- In the past 12 months, Australian listed companies undertook more than 1000 individual raises. For investors who got in via raises inApril 2020 and held, the median return was 23.21% with the average sitting at over 90%. Fresh Equities has h...

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