Investment & Financing
Baozun Strengthens Luxury E-commerce Leadership with Full Jet Acquisition
SINGAPORE, Feb. 9, 2021 /PRNewswire/ -- Baozun Inc., China's leading e-commerce service firm, announced the acquisition of Full Jet Limited ("Full Jet"), a luxury-focused brand management company, as part of its move to strengthen its leadership inChina's flourishing luxury e-commerce sector. ...
Sandvik to Invest in New Hydraulic and Instrumentation Tubing Factory in Mehsana, India
PUNE, India, Feb. 9, 2021 /PRNewswire/ -- Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, will invest in a new Hydraulic and Instrumentation tubing factory at its Mehsana Mill in Gujarat, westernIndia, to meet increasi...
V2X Security Provider AUTOCRYPT Closes Series A Funding Round with $15M USD, Opens North American Office
SEOUL, South Korea, Feb. 9, 2021 /PRNewswire/ -- AUTOCRYPT Co., Ltd., a leading autonomous driving security solutions provider, raised nearly$13 million in a Series A funding round, bringing the total to$15M raised in 2020. Backers included major Korean investors KB Investment, Pathfinder H, Ulmu...
Trade Ledger Raises £13.5 Million in Series A Funding
The round was led by Point72 Ventures with participation from Foundation Capital, Court Lorenzini, Hambro Perks and other existing investors. LONDON, Feb. 9, 2021 /PRNewswire/ -- Trade Ledger, the global technology provider to the commercial banking and financial services industry, has raised a ...
Proxima Ventures and Co-win Ventures invest in Bioelectronica® Corporation to accelerate pharmaceutical discovery and development
RENO, Nev., Feb. 9, 2021 /PRNewswire/ -- Bioelectronica Corporation ("Bioelectronica") today announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics. The ...
Recon Announces Owning 51% of FGS
BEIJING, Feb. 8, 2021 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), today announced that two of its subsidiaries entered into the fourth supplemental agreement to the investment agreement with Future Gas Station (Beijing) Technology, Ltd ("FGS") and FGS' found...
Acclime doubles its presence and service offering in China with the acquisition of 1421 Consulting Group
HONG KONG, Feb. 8, 2021 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of 1421 Consulting Group inChina. Acclime today has a presence in ten jurisdictions, includingCambodia, Mainland China, Philippines, Hong Kong, In...
Pan-Asia Tech Media TechNode Global Raises US$1M from Kairous Capital, Nutty Capital Venture, and SPH Ventures
* TechNode Global, Pan-Asia tech media, announces its seed investment of US$1M * The funding round was led by Kairous Capital with the participation of Nutty Capital and SPH Ventures * Fresh capital will help fuel TechNode Global's growing footprint in the Asia Pacific * TechNode Global i...
Industry-Leading Rad Power Bikes Ushers in New Era for Mobility, Announces $150 Million Investment
Ebike trailblazer partners with renowned investors to supercharge innovation and scale to meet enormous demand SEATTLE, Feb. 4, 2021 /PRNewswire/ -- Rad Power® Bikes, North America's largest ebike brand, today announced a minority investment of$150 million from Counterpoint Global (Morgan Stanle...
Guardforce AI Announces Acquisition of Handshake
NEW YORK, Feb. 4, 2021 /PRNewswire/ -- Guardforce AI Co., Ltd (OTC Pink: GRDAF) ("Guardforce AI"), an integrated security solutions provider inAsia, announced today that it has acquired a majority stake in information security consultants Handshake Networking Ltd ("Handshake"), aHong Kong-based c...
Lixiang Education Acquired Youxi Software For The Layout of Online Education
LISHUI, China, Feb. 4, 2021 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private primary and secondary education service provider inChina, today announced that it has completed the acquisition of 100% of equity interest in Hangzhou Youxi Infor...
Maire Tecnimont Group And SOCAR Sign Two EPC Contracts For New Generation Refining Units For An Overall Value Of USD 160 Million
- The contracts relate to the installation of three process units, necessary for the production ofEURO-5 gasoline at the Heydar Aliyev Baku Oil Refinery in Baku, Azerbaijan MILAN, Feb. 4, 2021 /PRNewswire/ -- Maire Tecnimont S.p.A. announces that its subsidiaries Tecnimont S.p.A. and KT - K...
Mando agrees to acquire Mando Hella Electronics (MHE) and expects synergy in the autonomous driving business
SEOUL, South Korea, Feb. 3, 2021 /PRNewswire/ -- On February 3rd, Mando, a leading company in automotive parts, has signed a share purchase agreement (SPA) to acquire 100% of the equity in MHE, a joint venture between Halla Holdings of Korea and HELLA. MHE, founded in 2008, is a joint venture be...
Ruhnn Enters into Definitive Agreement for "Going Private" Transaction
HANGZHOU, China, Feb. 3, 2021 /PRNewswire/ -- Ruhnn Holding Limited ("ruhnn" or the "Company") (NASDAQ: RUHN), a leading internet key opinion leader ("KOL") facilitator inChina, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with RUNION Holding L...
Tealium Raises $96 Million in Series G Funding Led by Georgian and Silver Lake Waterman
Investment will fuel product innovation and expand global footprint to enhance service to enterprise customers. SAN DIEGO, Feb. 3, 2021 /PRNewswire/ -- Tealium, the trusted leader in real-time customer data orchestration, today announced it raised$96 million in Series G funding led by existing i...
The Fusion Project Works to Accelerate Data Management for Connected and Autonomous Vehicles
Airbiquity, Cloudera, NXP, Teraki, and Wind River Join Forces to Create an End-to-End Data Lifecycle Platform for Automakers SEATTLE, Feb. 3, 2021 /PRNewswire/ -- Airbiquity®, Cloudera, NXP® Semiconductors, Teraki™, and Wind River® today announced The Fusion Project, an automotive industry colla...
En+ Group's Metals segment and Hodaka agree low carbon aluminium partnership
MOSCOW, Feb. 3, 2021 /PRNewswire/ -- RUSAL, the metal business of En+ Group, the world's largest producer of low carbon aluminium and independent hydropower, is pleased to announce that it has concluded partnership agreement with Hodaka, an innovative producer of high-quality aluminium alloys, to...
VERSO Capital Announces Merger With ALDINI Capital
Partnership Creates Opportunities for Global Venture Capital Growth LUXEMBOURG, Feb. 3, 2021 /PRNewswire/ -- VERSO Capital, the global merchant banking firm headquartered in Luxembourg, announced the successful completion of its merger with Swiss alternative asset managerALDINI Capital effective...
Diabsolut Acquires Foundry52, a World-Class Consulting Firm Specializing in Salesforce Revenue Cloud and FinancialForce Implementations
Combined firms represent Salesforce advanced solutions Powerhouse. MONTREAL, Feb. 3, 2021 /PRNewswire/ -- Since 2003, Diabsolut, a leading expert in Field Service Management and Salesforce gold consulting partner, has offered innovative cloud solutions to address the business needs of organizat...
Oyster(R) Closes on $20 Million Investment Led by Emergence Capital
LONDON and SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ -- Oyster, the HR platform for globally distributed companies, today announced it has completed a$20 million Series A investment led by Emergence Capital, less than a year after raising a$4.2M seed round. Spurred by the rapid acceleration of dis...
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