Investment & Financing

Qiming's Duane Kuang, Nisa Leung Named on 2021 Forbes Midas List

2021-04-13 20:57 10712

SHANGHAI, April 13, 2021 /PRNewswire/ -- Forbes today released the 2021 Midas List, a ranking of the world's top 100 venture capitalists.Duane Kuang and Nisa Leung, Managing Partners of Qiming Venture Partners, ranked on the list.   Since 2001, Forbes announces its annual Midas List of the top VC...

Suning's rural retailer Retail Cloud (Ling Shou Yun) Completes Series A Financing

2021-04-13 15:32 7685

NANJING, China, April 13, 2021 /PRNewswire/ -- Suning.com (002024.SZ), China's leading smart retail service provider and a Fortune Global 500 company owned by Suning Group, today announced its Retail Cloud subsidiary completed series A financing. CPE China Fund and ADV partners participated in t...

Ÿnsect accelerates its international expansion with the acquisition of Dutch AgTech business Protifarm, as it scales into the market for human food ingredients made from insects

2021-04-13 15:30 3650

The integration announces growth in Ÿnsect mealworm production capacity with two mealworms species now in its portfolio PARIS, April 13, 2021 /PRNewswire/ -- Ÿnsect, the world leader in natural insect protein, has acquired Protifarm, the global leader in mealworm ingredients for human food appli...

Versace Home to create the stunning interiors for new Dar Al Arkan luxury villas in Shams Ar Riyadh Project

2021-04-13 00:32 5410

RIYADH, Saudi Arabia, April 13, 2021 /PRNewswire/ -- Dar Al Arkan, the leading real estate company inSaudi Arabia has announced a unique collaboration that will bring the world's first ever villas with interiors by Versace Home to the Kingdom's Shams Ar Riyadh project.

SafeGuard Cyber Raises $45M In Strategic Growth Financing Led By NightDragon

2021-04-12 21:00 2112

Digital Risk Protection Platform Secures Communications Across All Third-Party Social Media, Collaboration, and Mobile Chat Channels  CHARLOTTESVILLE, Va., April 12, 2021 /PRNewswire/ -- SafeGuard Cyber, a leading SaaS-based platform dedicated to managing the entire lifecycle of Digital Risk Pro...

Future Fintech Entered Into Amendment Agreement to Acquire Nice Talent Asset Management

2021-04-12 19:00 7942

NEW YORK, April 12, 2021 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that further to its February 26, 2021 press rele...

PINTEC to Acquire Jishengtai in Expanding Fully Digitized Securities Brokerage and Wealth Management Platform

2021-04-12 18:00 5715

BEIJING, April 12, 2021 /PRNewswire/ -- Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading independent technology platform enabling financial services inChina, today announced that it has entered into an agreement to acquire all of the equity interest in Shenzh...

Mission Peak Capital Acquires Stake in Mount Street US

2021-04-10 00:00 4932

KANSAS CITY, Mo., April 10, 2021 /PRNewswire/ -- Mission Peak Capital (MPC), a US-based real estate investment company founded on the concept of smart growth through real estate cycles, announces today a significant financial investment in the US operations of global servicing company, Mount Stre...

CDD Awarded $1.5M Phase 2 SBIR Grant on an Intelligent Chemical Structure Browser for Drug Discovery and Optimization

2021-04-09 18:57 2219

BURLINGAME, Calif., April 9, 2021 /PRNewswire/ -- Collaborative Drug Discovery, provider ofCDD Vault web-based drug discovery informatics platform, announced they won a competitive, peer-reviewed Phase 2 SBIR grant from NIH NCATS, titled: "Intelligent Chemical Structure Browser for Drug Discovery...

Exact invests in services sector with the acquisition of Gripp

2021-04-09 15:33 3028

DELFT, Netherlands, April 9, 2021 /PRNewswire/ -- Exact, Dutch headquartered supplier of business software, announces the acquisition of Gripp, provider of SaaS business software for professional service companies. The acquisition massively expands Exact's range of Professional Services solutions...

Iyuno-SDI Group Secures $160 Million Investment from SoftBank Vision Fund 2

2021-04-09 10:52 5332

Investment to fuel accelerated development of next-generation technologies and global delivery of the world's localized content LOS ANGELES, April 9, 2021 /PRNewswire/ -- Iyuno-SDI Group, the leading provider of localization services to the media and entertainment industry ("Iyuno-SDI" or the "C...

KPS Capital Partners to Acquire EMEA Food and Consumer Packaging Business from Crown Holdings

2021-04-09 05:53 8396

LEADING EUROPEAN PACKAGING BUSINESS TO BECOME INDEPENDENT COMPANY CROWN HOLDINGS, INC. TO RETAIN 20% OWNERSHIP INTEREST NEW COMPANY TO FOCUS ON GROWTH IN FOOD AND CONSUMER PRODUCTS MARKETS NEW YORK, April 9, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") today announced that it has signed...

Control Bionics (ASX:CBL) Partners with Numotion as Northeastern U.S. Reseller of Assistive Technology Solutions

2021-04-09 04:16 1999

Strategic Partnership Offers Customers More Access to Control Bionics' Industry-Leading Trilogy Product Line MILFORD, Ohio and NEW SOUTH WALES, Australia, April 9, 2021 /PRNewswire/ -- Control Bionics, a global assistive technology company specializing in speech generating devices, announced it ...

Remiges Ventures Closes Second Fund With $95 Million; Launches RDiscovery Incubator

2021-04-09 00:34 3053

Remiges Ventures, a US-based cross-border venture capital firm with offices in Seattle, WA and Tokyo, Japan, announced today the final closing of its second fund, Remiges BioPharma Fund II raising a total of$95 million, and the launch of RDiscovery, a new life sciences incubator to nurture and ad...

Cellebrite, The Leading Digital Intelligence Solutions Provider, to List on Nasdaq Through Merger with TWC Tech Holdings II Corp.

2021-04-08 19:00 8768

Digital Intelligence Solutions Market Leader Empowers Customers to Protect and Save Lives, Accelerate Justice and Preserve Privacy Transaction Implies Pro Forma Equity Value of Approximately $2.4 Billion; Expected to Provide up to$480 Million of Gross Cash Proceeds to the Company; Include...

Cellebrite, The Leading Digital Intelligence Solutions Provider, to List on Nasdaq Through Merger with TWC Tech Holdings II Corp.

2021-04-08 19:00 8120

Digital Intelligence Solutions Market Leader Empowers Customers to Protect and Save Lives, Accelerate Justice and Preserve Privacy Transaction Implies Pro Forma Equity Value of Approximately $2.4 Billion; Expected to Provide up to$480 Million of Gross Cash Proceeds to the Company; Include...

NDB Board of Directors approves USD 1 billion COVID-19 Emergency Program Loan to South Africa for Supporting Economic Recovery from COVID-19

2021-04-08 18:37 2007

SHANGHAI, April 8, 2021 /PRNewswire/ -- On April 2, 2021, the Board of Directors of the New Development Bank (NDB) approved aUSD 1 billion COVID-19 Emergency Program Loan to the Government of the Republic ofSouth Africa for supportingSouth Africa's economic recovery from COVID-19 (the Loan). The...

VTech Completes Acquisition of Mexican Manufacturing Facility from QSC, LLC

2021-04-08 16:30 9328

HONG KONG, April 8, 2021 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303)  announced today that it has completed the acquisition of a production facility inTecate, Mexico from QSC, LLC for manufacturing wood enclosure loudspeakers. The acquisition was announced on 20 January 2021. In addition ...

Grab Announces GrabForGood Fund to Benefit Grab Partners and Southeast Asian Communities

2021-04-08 15:30 8838

* Grab plans to create endowment fund with initial funding of [$275] million in cash and Grab shares, including [$25] million personal pledge in Grab shares from Co-founders and President of Grab * Reflects and furthers Grab's long-term commitment to uplift people in Southeast Asia * First ...

Alpian secures USD 18 million Series B Funding

2021-04-08 14:30 4226

ZURICH, GENEVA and LUGANO, Switzerland, April 8, 2021 /PRNewswire/ -- The digital financial services company Alpian SA ("Alpian"), incubated by the Swiss banking group REYL & Cie Ltd ("REYL"), today announced a successful Series B funding worth aroundUSD18 million (CHF16.9 million). The fundraisi...

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