Investment & Financing
Duality Biologics Completed $90 Million Series B Financing
PRINCETON, N.J. and SHANGHAI and SUZHOU, China, May 19, 2021 /PRNewswire/ -- Duality Biologics (DualityBio or Company), an innovative biotech company, announced the completion of$90 million series B financing today. This round of financing was led by Lilly Asia Ventures (LAV) and jointly invested...
Swydo Founder Buys Back Digital Marketing Platform From DialogTech
Former Google Benelux Country Director Marc Duijndam Joins As Co-Owner, Helps Initiate Renewed Focus On Growth And Innovation HILVERSUM, Netherlands, May 20, 2021 /PRNewswire/ -- Swydo, a global leader for digital marketing dashboards, reports and visualizations announced today the buyback of th...
Bank Alfalah & ACE Money Transfer - Delivering Promises While Leading the Way Forward
MANCHESTER, England, May 20, 2021 /PRNewswire/ -- Two giant corporations, Bank
Alfalah andACE Money Transfer
Emeritus Expands into K12 through Acquisition of iD Tech Bringing Equitable STEM Education to Adults and Youth Globally
The companies will bring expert instruction in STEM fields to individuals worldwide,with a shared goal of bridging the STEM opportunity gap SINGAPORE and MUMBAI, India, May 20, 2021 /PRNewswire/ -- Emeritus, the global leader in making high-quality education accessible and affordable to individu...
Assignar Secures $20 Million To Expand Its Operations Platform For Infrastructure Contractors & Projects
With Series B Round Led by Fifth Wall, Company Will Grow Team & Product Development with AI/ML Capabilities DENVER, May 20, 2021 /PRNewswire/ -- Assignar, a cloud-based construction operations platform for heavy civil & infrastructure self-perform general and subcontractors, today announces that...
ThinkCyte Secures $26 million in Series B Financing
TOKYO, May 19, 2021 /PRNewswire/ -- ThinkCyte, Inc., a company focusing on the development of novel cell therapy, drug discovery and diagnostic platforms, announced today the completion of a $26 million (JPY 2.85 billion) Series B financing, led by SPARX Group with participation from Sysmex Corpo...
Magic Data Tech Raised Tens of Millions in Series B Funding Round
BEIJING, May 19, 2021 /PRNewswire/ -- Earlier this year, Magic Data Tech completed its Series B funding round with tens of millions of RMB. With this financing, Magic Data Tech, a global provider for AI datasets, will extend both in terms of business and scale, and provide better voice data packa...
Adani Green Energy to acquire SB Energy's 5 GW India renewable power portfolio for a fully completed EV of USD 3.5 billion - India's largest renewables M&A transaction
- AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited ("SB Energy India") - Projects are contracted to sell power under 25 years PPAs with sovereign rated counterparties - The transaction is for a fully completed enterprise valuation of approximatelyUSD 3.5 ...
GeneQuantum Raises Hundreds of Millions RMB in Series C Funding
SUZHOU, China, May 18, 2021 /PRNewswire/ -- GeneQuantum Healthcare (Suzhou) Co., Ltd. (hereinafter "GeneQuantum") announced the completion of Series C fund raising of several hundreds of millions RMB. This series of fund raising is led by China Life Private Equity Investment, jointly by PICC Capi...
Legend Capital Announces Successful Closing of Healthcare Continuation Fund
BEIJING, May 18, 2021 /PRNewswire/ -- Legend Capital announced today that the firm has closed LC Healthcare Continued Fund I, L.P., having raised US$270 million for a secondary transaction that involves healthcare portfolios of two older vintage funds. The fund provides liquidity and helped to en...
AI Robotics Startup Mech-Mind Completes Series C Funding Led by Tech Giant Meituan
BEIJING, May 19, 2021 /PRNewswire/ -- Fast-growing Chinese AI industrial robotics startup, Mech-Mind Robotics ("Mech-Mind") has recently completed Series C funding led by tech giant Meituan. This latest investment brings Mech-Mind's total funding to overUSD100 million, making Mech-Mind one of the...
Firmenich Enters Strategic Partnership with Essential Labs, LLC, a Leading B2B E-Commerce Supplier of Fragrance Solutions
GENEVA, May 18, 2021 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, has entered into a strategic partnership with Essential Labs, LLC, a leading B2B supplier of fragrance solutions supporting entrepreneurial, independent businesses in the premium home...
Firmenich Enters Strategic Partnership with Essential Labs, LLC, a Leading B2B E-Commerce Supplier of Fragrance Solutions
GENEVA, May 18, 2021 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, has entered into a strategic partnership with Essential Labs, LLC, a leading B2B supplier of fragrance solutions supporting entrepreneurial, independent businesses in the premium home...
Insight Partners backs cross-border payment leader Thunes with US$60 million growth round
SINGAPORE and NEW YORK, May 18, 2021 /PRNewswire/ -- Thunes
LINK Mobility Goes Global
OSLO, Norway, May 18, 2021 /PRNewswire/ -- LINK Mobility (LINK), a leading Communication-Platform-as-a-Service (CPaaS) provider, has taken bold steps in fulfilling its growth strategy by agreeing to an exclusive term sheet to acquire global CPaaS player Soprano Design, which is headquartered inSy...
IBM Acquires Waeg to Deepen Expertise Across the Salesforce Platform in Europe
ARMONK, N.Y., May 18, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced plans to acquire Waeg, a leading Salesforce Consulting Partner in Europe, to extend IBM's portfolio of Salesforce services and advance IBM's hybrid cloud and AI strategy. The acquisition builds on IBM's continued investmen...
Atonarp Announces $50M Series D Financing to Scale its Molecular Sensing and Digital Diagnostics Testing Platforms
Michael Marks, Founding Partner for WRVI Capital, Joins the Atonarp Board and Former Berkeley Lights CFO Shaun Holt Joins as Atonarp's Chief Operating Officer TOKYO, May 18, 2021 /PRNewswire/ -- Atonarp, a leading manufacturer of molecular sensing and diagnostics products for the healthcare, phar...
MarTech Startup Affable.ai Raises USD 2M to Boost the Adoption of its Influencer Marketing Platform
BENGALURU, India and SINGAPORE, May 18, 2021 /PRNewswire/ -- Singapore-based
Martech startup,Affable.ai
Hummingbird Bioscience Raises US$125 Million in Series C Financing
* Investment round led by Novo Holdings, joined by a syndicate of international biotech investors * Proceeds will support advancement of Hummingbird's lead assets in clinical trials and building of its next-generation portfolio of precision therapeutics * Kenneth Harrison from Novo Ventures ...
Ticketing-as-a-Service software provider Red61 closes a late seed investment round, signs key new clients & plans for further growth with a Series A round
EDINBURGH, Scotland, May 18, 2021 /PRNewswire/ -- Red61, the Edinburgh based Ticketing-as-a-Service provider has secured a £1.4m funding package from Scottish investors. The company provides robust and scalable ticketing, CRM and audience insight solutions to some of the world's largest and most...
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