Investment & Financing
Fusion energy start-up HB11 Energy launched to accelerate German-Australian physicist Heinrich Hora's vision of clean, safe and abundant fusion energy
* HB11 Energy raised $A 4.6M in an over-subscribed pre-seed financing round. * HB11 Energy has launched its experimental program developing a new source of clean, safe and reliable electricity using the fusion hydrogen and boron-11 (the HB11 reaction). * New on the board: German entrepreneur...
Sciwind Biosciences Secures US$37 Million Series B Financing
HANGZHOU, China, Feb. 19, 2021 /PRNewswire/ -- Hangzhou Sciwind Biosciences Co., Ltd. (Sciwind), a clinical-stage, fast-growing biopharmaceutical company focusing on research and development of innovative biologics, today announced the closing of anUS$37 Million series B financing. The financing ...
Regor Therapeutics Announces Completion of $90 Million Series B Financing
SHANGHAI, Feb. 19, 2021 /PRNewswire/ -- Regor Therapeutics, a clinical stage biotechnology company dedicated to the discovery of innovative medicines to treat cancer, immune disorders and metabolic diseases, announces the successful completion of$90 million Series B financing. Founded in July of...
Nakheel Malls' Souk Al Marfa fills wholesale trade market gap in partnership with DP World
Nakheel Malls and DP World expand strategic partnership to boost and diversify regional trade flow A multitude of attractive features for traders include 100% foreign ownership and going direct to consumer Launching in April 2021, the new retail trade market will support SMEs' trade at a wholes...
Sinopharm Tech will acquire 25% Equity Interest in Target Company with anti-counterfeiting patents
HONG KONG, Feb. 18, 2021 /PRNewswire/ -- Sinopharm Tech Holdings Limited ("Sinopharm Tech" and its subsidiaries, together, the "Group", stock code: 8156) is pleased to announce that, the China Success Enterprises Limited, an indirect wholly-owned subsidiary of the Company (as the Purchaser) enter...
Funding Societies crosses S$2B in SME Lending
SINGAPORE, Feb. 18, 2021 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital financing platform, today announced that it has achievedS$2 billion in disbursals of business financing to small and medium sized enterprises across the region. This milestone comes as the platform en...
LexisNexis® Risk Solutions and Accuity Merge Operations to Create One of the Largest Global Providers of Financial Crime Compliance Solutions
Leading Business Analytics Companies Combine Strengths to Help Customers Empower Risk Decisions ATLANTA, Feb. 18, 2021 /PRNewswire/ -- Accuity and LexisNexis Risk Solutions announced they are merging operations. Both businesses are RELX companies and leaders in their respective focus areas in th...
OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation
BOSTON and LISBON, Feb. 18, 2021 /PRNewswire/ -- OutSystems, the leading modern application platform, today announced a$150 million capital raise. The round, co-led by Abdiel Capital and Tiger Global, values OutSystems at$9.5 billion. The funding will be used to expand investments in its R&D and ...
Marketing tech consultancy admiral.digital acquires Fresh Sports Group, strengthening its offering across the entire digital spectrum
KUALA LUMPUR, Malaysia, Feb. 17, 2021 /PRNewswire/ -- Marketing technology consultancy, admiral.digital, has acquired Fresh Sports Group (FSG), strengthening its consultancy offering across the entire digital spectrum. Following the acquisition, FSG will be renamed admiral.sports and serve under ...
Onward Therapeutics Makes a Strategic Investment in EMERCell for Their NK Cell Technology for Immunotherapy
LAUSANNE, Switzerland, Feb. 17, 2021 /PRNewswire/ -- Onward Therapeutics SA (Onward) announced today the execution of a strategic investment in EMERCell SAS, Montpellier,France, a company that has developed a platform technology to produce off-the-shelf natural killer (NK) cells. The undisclosed ...
ABG Acquisition Corp. I Announces Pricing of Upsized $131 Million Initial Public Offering
NEW YORK and HONG KONG, Feb. 17, 2021 /PRNewswire/ -- ABG Acquisition Corp. I (the "Company") today announced the pricing of its initial public offering of 13,100,000 Class A ordinary shares at a price of$10.00 per share. The shares will be listed on The Nasdaq Capital Market and trade under the ...
Bionic Vision Technologies Advances Clinical Program With AU$1 million Medical Research Future Fund Grant
MELBOURNE, Australia, Feb. 16, 2021 /PRNewswire/ -- Bionic Vision Technologies (BVT) has started work on the next phase of development for its world-leading Australian bionic eye technology thanks to a recent Australian Government grant to refine its vision processing algorithms. BVT's bionic ey...
TEAM Software Acquires Facility ERP to Strengthen Offering to Australian Cleaning Providers
COLLINGWOOD, Australia, Feb. 17, 2021 /PRNewswire/ -- Facility ERP Pty Ltd, an Australian-based technology provider offering fully integrated finance, payroll and operations software to cleaning companies inAustralia and New Zealand, has been acquired by TEAM Software, a provider of market-leadin...
Motion Gestures closes USD 2 million pre-series A financing led by Allen Miner, Forbes Midas List investor who helped build Oracle Japan and Salesforce Japan
Company's gesture software is key enabler of sophisticated contactless interaction in major industries. WATERLOO, ON, Feb. 17, 2021 /PRNewswire/ -- Motion Gestures, a Canadian startup specializing in Artificial Intelligence-based hand tracking and gesture recognition software for 3rd party camer...
Atlas Antibodies acquires HistoCyte Laboratories, a global leader in cell line controls for histopathology
STOCKHOLM and NEWCASTLE UPON TYNE, England, Feb. 17, 2021 /PRNewswire/ -- Atlas Antibodies AB has signed an agreement to acquire UK company HistoCyte Laboratories Ltd. HistoCyte Laboratories' portfolio of innovative cell line materials provides control of immunohistochemical assays used in the di...
Axiom Space raises $130M in Series B funding
- Capital will accelerate growth of workforce and development of world's first commercial space station - NASA selected Axiom to begin attaching its privately developed space station modules to the International Space Station as early as 2024 - Axiom recently revealed the first-ever private astr...
Color Star Technology Co., Ltd. (NASDAQ: CSCW) Announces a Series of Film Copyright Acquisitions
NEW YORK, Feb. 16, 2021 /PRNewswire/ -- Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as "Color Star" or the "Company"), today announced the acquisition of a series of film copyrights. The copyrights acquired by Color Star include five films: "Love Back Home," " Sleep in...
The9 Signed a US$10 million Framework Agreement on the Purchase of Filecoin (FIL) Mining Machines
SHANGHAI, Feb. 16, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed aUS$10 million framework agreement (the "Framework Agreement") with a Filecoin (FIL) mining machine vendor to purchase Filecoin mining machines by cash. T...
Personetics secures a $75 million investment from Warburg Pincus to accelerate the global expansion of its AI-driven personalization and engagement solutions for financial institutions
- Over 95 million bank customers now 'self-driving' their finances with Personetics - Banks reaping the rewards with an up to 35% increase in mobile app engagement and 20% increase in customer account and balance growth - The global market for financial services personalization solutions is val...
DoiT International Acquires ProdOps, a Cloud Services Company
AWS Advanced Consulting Partner Brings Added DevOps Capabilities and Cloud Infrastructure Automation Services SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- In the most recent acquisition for the company, DoiT International (DoiT), a global multi-cloud software and managed service provider w...
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