Investment & Financing
Persona AI Raises $27M Oversubscribed Pre-Seed to Deliver the Future of Humanoid Robotics
HOUSTON, May 14, 2025 /PRNewswire/ -- Persona AI, a leader in embodied artificial intelligence, today announced it has closed its oversubscribed pre-seed funding round, raising $27 million. This substantial investment will accelerate the development and deployment of Persona's humanoid robot plat...
Databricks Agrees to Acquire Neon to Deliver Serverless Postgres for Developers + AI Agents
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database market braces for unprecedented disruption driven by AI, Databricks plans to continue innovating a...
Rently Secures $3M Pre-Series A Investment Led by Orange Bloom to Revolutionise the Asian Rental Market
SINGAPORE, May 13, 2025 /PRNewswire/ -- Rently
Novo Holdings Announces Investment in SCHOTT Poonawalla to Accelerate Growth and Innovation in Injectable Drug Packaging
SINGAPORE, May 14, 2025 /PRNewswire/ -- Novo Holdings, a global life sciences investor, today announced its investment in SCHOTT Poonawalla,India's leading provider of high-quality drug containment and delivery solutions for injectable pharmaceuticals, alongside TPG Growth, the middle market and ...
Cisco Announces New Strategic AI Initiatives in the Middle East
News Summary: * Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure. * Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States. * Cisco to collaborate with AIP (AI Infrastructure Partne...
Cisco to Collaborate with AI Infrastructure Partnership to Drive Investment in Data Centers and Enabling Infrastructure
Cisco to work with BlackRock, Global Infrastructure Partners, MGX, Microsoft, NVIDIA and xAI to accelerate innovation and scaling of AI data centers SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- Cisco today announced that it will collaborate with the AI Infrastructure Partnership (AIP), which i...
HKUST Foundation Inaugural Gala Dinner Raises Over HK$35 million to Propel Future Innovation & Talent
NVIDIA Founder & CEO Dr. Jensen Huang's Iconic Leather Jackets Among Gala Highlights Fueling University's Vision HONG KONG, May 13, 2025 /PRNewswire/ -- A constellation of over 200 influential leaders from academia, industry and philanthropy converged last Saturday at The Hong Kong University of...
PartnerOne Acquires Cybersecurity Leader XYPRO
RIVERSIDE, Calif., May 13, 2025 /PRNewswire/ -- PartnerOne, one of the fastest growing enterprise software conglomerates in the world, has announced the successful acquisition of XYPRO, a leading cybersecurity provider of risk management and compliance solutions for the world's most critical ente...
TaiPei-based Hong Tong Technology Acquires Initio's Entire Encryption Division.
Purchase ensures that Initio's encryption chip IP and manufacturing remain in Taiwan TAIPEI, May 13, 2025 /PRNewswire/ -- Hong Tong Technology Co., a registered Taiwanese corporation, today announced the September 2024 acquisition of Initio's entire encryption storage product line, which includ...
Strategic Partnership | Sanyou Bio and TransRecoBio Forge Strategic Alliance to Build a New Ecosystem for the Full Industry Chain
SHANGHAI, May 13, 2025 /PRNewswire/ -- Recently, Sanyou Biopharmaceuticals ( Shanghai) Co., Ltd. ("Sanyou Biopharmaceuticals") and TransRecoBio (Wenzhou) Biotechnology Co., Ltd. ("TransRecoBio") officially signed a strategic cooperation agreement. The two companies will integrate their core streng...
Eligo Bioscience Awarded $5 Million to Advance Breakthrough Genetic Medicine Platform for Immuno-Dermatology
* Funding is part of the call for proposals "Innovations in Biotherapies and Bioproduction," coordinated by the Health Innovation Agency under France 2030 strategy, operated on behalf of the French government by Bpifrance PARIS, May 13, 2025 /PRNewswire/ -- Eligo Bioscience, a biotechnology com...
Addepar Raises $230 Million at $3.25 Billion Valuation in Series G Investment Round
Vitruvian Partners and WestCap Co-Lead Round with Support from 8VC, Valor Equity Partners and EDBI NEW YORK, May 13, 2025 /PRNewswire/ -- Addepar, a leading global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, ann...
Six in 10 pet owners reveal they prefer to spend time with their pets when feeling stressed, according to new survey
* Six out of 10 (58%) pet owners reveal they prefer to spend time with their pets when feeling stressed. Putting pets ahead of partners, family, children or friends * A new global survey of over 30,000 pet owners conducted by Mars and Calm uncovers the many ways pet cats and dogs impact our d...
Campari returns to Festival De Cannes with Mads Mikkelsen to celebrate passion, creativity and cinema
* Campari collaborates with Mads Mikkelsen in its fourth year as partner of the 78th Festival De Cannes * The iconic red bitter brand is set to enchant with a dazzling array of events, including its famous Campari Event – Discover Red – at Hyde Beach By Campari – welcoming stars and guests fo...
Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments
ABU DHABI, UAE, May 11, 2025 /PRNewswire/ -- An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various indu...
Big Tree Cloud Holdings Group Completed Strategic Capital Increase to Accelerate Consolidation in China's Personal Care Industry
SHENZHEN, China, May 9, 2025 /PRNewswire/ -- On May 6, 2025, Big Tree Cloud Investment Holdings Group (NASDAQ: DSY) (the "Group") successfully completed a new round of strategic capital increase with participation from Shenzhen Wengu Development Investment Partnership (Limited Partnership) ("Shen...
Aker Horizons announces merger with Aker and early repayment of NOK 2.5 billion green bond
FORNEBU, Norway, May 9, 2025 /PRNewswire/ -- Aker ASA (Aker) and Aker Horizons ASA (Aker Horizons or AKH) today announce a merger (the Merger) whereby AKH's subsidiary, Aker Horizons Holding AS (AKH Holding), will merge with a subsidiary of Aker ASA (AKH MergerCo) against consideration in the for...
Global IBO Group Ltd. a Unique and Integrated AIGC Animation Streaming Platform Announces Closing of Business Combination with Bukit Jalil Global Acquisition 1 Ltd.
HONG KONG, May 8, 2025 /PRNewswire/ -- Global IBO Group Ltd. ("GIBO"), a unique and integrated AIGC animation streaming platform and Bukit Jalil Global Acquisition 1 Ltd. ("BUJA") (NASDAQ: BUJA), a publicly-traded special purpose acquisition company, today announced the closing of their previousl...
Medmain, a Japanese pathology AI startup, has raised 3.3M USD (total 18M USD), with investments from One Capital, Niremia Collective, and Plug and Play
FUKUOKA, Japan, May 8, 2025 /PRNewswire/ -- Medmain Inc., a Japanese medtech startup that offers PidPort, an AI-powered cloud system to assist in digital pathology, is pleased to announce that it has raised 3.3 million USD through a third-party allotment of shares, with One Capital as the lead in...
Tire Bank Group Acquires Controlling Stake in Air Premia
Paving the Way for Stronger Governance and Global Expansion of Korea's Leading Hybrid Airline SEOUL, South Korea, May 8, 2025 /PRNewswire/ -- Tire Bank Group has officially acquired a controlling stake inAir Premia(CEO Kim Jae-hyun, Yoo Myung-sub), Korea's first long-haul hybrid airline, reinfor...
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