Investment & Financing
Capital Drawn to the Science City, CIVC 2020 Brought to a Successful Close
CONGQING, China, Oct. 29, 2020 /PRNewswire/ -- The past three days have witnessed one opening ceremony and main forum, one closed-door meeting, five thematic forums, one project roadshow, exhibitions and demonstrations through the whole event, nearly a hundred VC industry leaders fromChina and ot...
JinkoSolar's Principal Operating Subsidiary Jinko Solar Co., Ltd Raises approximately US$ 458 Million in Preparation for its Listing on the STAR Market
SHANGRAO, China, Oct. 29, 2020 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced the completion of aRMB 3.1 billion (approximatelyUS$ 458 million) equity financing by its princip...
TD Holdings, Inc announced the acquisition of Shenzhen Qianhai Baiyu Supply Chain Co., Ltd.
SHENZHEN, China, Oct. 30, 2020 /PRNewswire/ -- TD Holdings, Inc (NASDAQ: GLG) announced that it will formally acquire Shenzhen Qianhai Baiyu Supply Chain Co., Ltd. (hereinafter referred to as "Baiyu") onOctober 26, 2020 and signed an acquisition agreement. According to the details of the acquisit...
Aliplast and NextChem signed an agreement for plastics recycling
ROME, Oct. 30, 2020 /PRNewswire/ -- Maire Tecnimont S. P. A. and Hera Group announce that Aliplast, Hera Group's company for the collection, recycling and conversion of plastics, and NextChem, Maire Tecnimont Group's company for energy transition, signed today a strategic agreement for the realiz...
Benson Hill Raises $150 Million in Series D Funding Round to Accelerate the Pace of Food Innovation on a Global Scale
- Financing was co-led by Wheatsheaf and GV with broad participation from strategic and environmental, social and governance (ESG) focused investors across the food and agriculture value chain. - Benson Hill will use the funds to scale its commercial operations and its platform food innovation e...
Autohome Announces Additional US$168 Million Investment in TTP Car Inc. to Build the Largest Used Car Platform in China
BEIJING, Oct. 29, 2020 /PRNewswire/ -- Autohome recently announced that it has entered into a definitive agreement with TTP Car Inc. ("TTP"), a leading auction platform for used cars inChina. Pursuant to the agreement, Autohome will make an investment in TTP through subscription of preferred shar...
Chinese Leading Venture Capital Firm Morningside Venture Capital Becomes 5Y Capital
SHANGHAI, Oct. 28, 2020 /PRNewswire/ -- The leading investment firm Morningside Venture Capital is pleased to announce that it has changed its name to 5Y Capital. Morningside Venture Capital ("MSVC") was started in 2008 during the financial crisis byRichard Liu, Ken Shi and Gerald Chan und...
Gracell Biotechnologies Raises $100 Million in Series C Funding to Advance Next Generation CAR-T Cell Therapies
SHANGHAI and SUZHOU, China, Oct. 28, 2020 /PRNewswire/ -- Gracell Biotechnologies Inc. ("Gracell"), a global clinical-stage biopharmaceutical company dedicated to developing highly efficacious and affordable cell therapies for the treatment of cancer, today announced it has secured$100 million i...
Firmenich signs innovative vanilla partnership with Authentic Products in Madagascar, to take traceability & youth employment to next level
GENEVA, Oct. 28, 2020 /PRNewswire/ -- Firmenich, the world's largest privately-owned perfume and taste company, has signed an innovative partnership to further strengthen its responsible sourcing of vanilla with Authentic Products, one of the world's leading producers in Madagascar and a found...
Infosys Completes Acquisition of Award-Winning Digital Customer Experience, Commerce & Analytics Company, Blue Acorn iCi
BENGALURU, India and RALEIGH, N.C., Oct. 28, 2020 /PRNewswire/ -- Infosys
Origin Agritech's Joint Venture Receives an Additional RMB20 million in Funding from Beijing Changping Technology Innodevelop Group
BEIJING, Oct. 28, 2020 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology company, today announced that the company's Beijing Origin subsidiary has received an additionalRMB20 million in funding from its joint venture partner,Beijing Changpi...
Interpublic Group Launches IPG DXTRA
-- Evolved CMG Offering Puts Collaboration at the Core of a Global Collective of Specialized Marketing Services FirmsDesigned to Deliver Effective, Integrated Solutions -- NEW YORK, Oct. 28, 2020 /PRNewswire/ -- Interpublic Group (NYSE: IPG) announced today that it has evolved its Constituency M...
Next Generation Video Creation Platform InVideo Announces $15M Series A
Cloud-based video creation platform; more than 800,000 users across 150 countries to date MUMBAI, India, Oct. 28, 2020 /PRNewswire/ -- InVideo, the modern video creation platform that allows users to create high-quality videos for any form of digital media, today announces a$15M Series A led by ...
MolMed S.p.A Becomes AGC Biologics S.p.A Following the July Acquisition
AGC Biologics Now Provides End-to-End Cell and Gene Therapy CDMO Services SEATTLE, Oct. 28, 2020 /PRNewswire/ -- After its parent company AGC Inc. acquired 100% of the shares of MolMed S.p.A. onSeptember 30, 2020, AGC Biologics announced that MolMed's entity name has been changed to AGC Biologic...
TVM Capital Life Science Announces Substantially Oversubscribed US$478 Million Final Closing of TVM Life Science Innovation II, largest fund in the firm's history
- The Fund continues the proven "Project Focused Company" investment strategy for early-stage drug development candidates - In addition, the Fund continues to invest in late-stage clinical biopharmaceutical companies, medical device companies and diagnostic companies MUNICH and MONTREAL, Oct. 27...
PINTEC Announces RMB400 Million Financing under Equity Transfer Agreements
BEIJING, Oct. 27, 2020 /PRNewswire/ -- Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading independent technology provider enabling financial services inChina, today announced that Pintec (Yinchuan) Technology Co., Ltd. (the "Transferee"), a wholly-owned subsidi...
Avidity Science™ Expands Biomedical Research Solutions Through Acquisition of Bio Medic Data Systems, Hydropac®, Lab Products, Inc., and Harford Systems
WATERFORD, Wisconsin, Oct. 27, 2020 /PRNewswire/ -- Today, Avidity Science announces significant steps in expanding its global leadership in biomedical research solutions via the acquisition of Bio Medic Data Systems, Hydropac®, Lab Products, Inc., and Harford Systems. These investments expand Av...
Tech Mahindra Acquires Momenton and Tenzing Ltd to Bolster Capabilities in Financial Services in ANZ
Acquires 100% stake in Momenton and Tenzing ltd to enable digital capabilities, modern cloud-based architecture and transformation for customers AUCKLAND, New Zealand and MELBOURNE, Australia, Oct. 27, 2020 /PRNewswire/ -- Tech Mahindra, a leading provider of digital transformation, consulting an...
ReneSola Power and Novergy to Form Joint Venture to Develop Solar Projects in the UK
STAMFORD, Conn., Oct. 26, 2020 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power"
or the "Company") (www.renesolapower.com
Agile Increased its Shareholding in "A-Living" up to 54.02%, Fully Support the Industrial Development, Have Full Confidence in Long-term Growth
HONG KONG, Oct. 26, 2020 /PRNewswire/ -- Agile Group Holdings Limited ("Agile" or the "Group"; Stock Code: 3383) is pleased to announce that the Group has indirectly purchased 320,000 overseas listed shares ("H Shares") in A-Living Services Co., Ltd. ("A-Living"; Stock Code:3319) from the market ...
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