Investment & Financing
Rokt closes US$80M Series D investment round as COVID-19 drives significant demand in e-commerce
NEW YORK, Oct. 26, 2020 /PRNewswire/ -- Rokt, the global leader in e-commerce technology, today announced an investment ofUS$80M. The capital will help accelerate research & development and support the expansion of its client base into new verticals and geographies as Rokt continues to make e-com...
Rokt closes US$80M Series D investment round as COVID-19 drives significant demand in e-commerce
The tech leader sees a 42% increase in valuation in 2020, to more than US$450M NEW YORK, Oct. 26, 2020 /PRNewswire/ -- Rokt, the global leader in e-commerce technology, today announced an investment ofUS$80M. The capital will help accelerate research & development and support the expansion of its...
Bitauto Announces Shareholders' Approval of Merger Agreement
BEIJING, Oct. 23, 2020 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's automotive industry, today announced that at an extraordinary general meeting held today, the...
EV Charge Holding Limited secures EUR15 million from GEM
ZHENGZHOU, China, Oct. 23, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU, announced that it has signed an agreement with GEM ...
/C O R R E C T I O N -- Azura Ophthalmics/
In the news release, Azura Ophthalmics raises $28m for registration studies for treatment of leading cause of dry eye disease, issued22-Oct-2020 by Azura Ophthalmics over PR Newswire, we are advised by the company that the [Title and the first paragraph], [the first] sentence, should read "[raise...
GEM Group Invest EUR15 million to EV Charge Holding Limited
ZHENGZHOU, China, Oct. 22, 2020 /PRNewswire/ -- EV Charge Holding Ltd. (EV Charge), an electric charging solution company incorporated under the laws of theUnited Kingdom whose registered office is at 20-22 Wenlock Road, London, England, N1 7GU, announced that it has signed an agreement with GEM ...
Yuanfudao Raises US$2.2 Billion in New Financing, Valuing the Company at US$15.5 Billion, Becoming the Most Valued Ed-Tech Company Worldwide
BEIJING, Oct. 22, 2020 /PRNewswire/ -- Yuanfudao, China's leading online education platform today announced the closing of itsUS$2.2 billion Series G1 and G2 financing. The G1 financing round was led byTencent, with participation from Hillhouse Capital, Boyu Capital and IDG Capital. The G2 financ...
Hillebrand Acquires Braid
With this acquisition, Hillebrand aims to strengthen its position as a leading global logistics service provider not only for alcoholic beverages but also for other non-hazardous bulk liquids commodities. MAINZ, Germany, Oct. 22, 2020 /PRNewswire/ -- Hillebrand, a world leading forwarding, trans...
Longevity Acquisition Corporation Announces Signing of Definitive Merger Agreement
SHANGHAI, Oct. 22, 2020 /PRNewswire/ -- Longevity Acquisition Corporation (NASDAQ: LOAC) (the "Company" or "LOAC"), a publicly-traded special purpose acquisition company (SPAC), announced that it has signed a definitive merger agreement with 4D pharma PLC (AIM: DDDD, "4D pharma" or "4D"). Upon co...
Magnum Research Limited closes a USD 30 million financing round, concluding the largest funding deal in the Asian digital wealth management space.
HONG KONG, Oct. 22, 2020 /PRNewswire/ -- Magnum Research Limited ("Magnum Research"), developer of digital wealth management platform AQUMON, announces that it has completed its follow-on Series Pre-B round of funding inOctober 2020 . This marks the largest funding deal in the Asian digital wealth...
ATIF Holdings Limited Signs Letter of Intent to Acquire Illuminated Air Purification Solution Provider to Expand into Healthcare Technology Field
SHENZHEN, China, Oct. 20, 2020 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting and multimedia services inAsia, announced that on October 11, 2020, the Company has entered into a non-binding letter of intent (the "LOI") to acquire 51% eq...
Retail Tech Startup Tiliter Raises $7.5M for Cashierless AI Shopping Technology
Tiliter to increase global footprint as Investec invests through its IEC Australia Fund I SYDNEY, Oct. 20, 2020 /PRNewswire/ -- Investor demand for innovative emerging companies remains strong with Australian AI tech startup Tiliter completing a $7.5 million capital raise, led by Investec Emergin...
Sihuan Pharmaceutical Invests in Phase I Fund of Ascendum Capital Life Technology to Expand its Strategy in Development of Innovative Drugs
HONG KONG, Oct. 20, 2020 /PRNewswire/ -- On 20 October 2020, Sihuan Pharmaceutical Holdings Group Ltd. (HKEX: 0460 "Sihuan Pharmaceutical" or the "Company", together with its subsidiaries, the "Group") announced that its participation in the investment of Phase I Fund of Ascendum Capital Life Te...
Thoma Bravo to Acquire AxiomSL
Transaction partners leading cloud-enabled financial risk management and regulatory reporting firm with sponsor known for accelerating growth and driving innovation SAN FRANCISCO and NEW YORK, Oct. 19, 2020 /PRNewswire/ -- Thoma Bravo, a leading private equity investment firm focused on the soft...
Globalization Partners Announces it is Teaming up with Zegal to Support Growth Efforts for Asia Pacific Companies
Alliance to help customers operate in self-service environments, bypass the HR, legal, and tax complexities typically encountered when expanding into new markets SINGAPORE, Oct. 19, 2020 /PRNewswire/ -- Globalization Partners, which simplifies global business by enabling companies to hire talent...
Cyberport's flagship VC event returns to guide investors and entrepreneurs in the new normal of tech venturing
HONG KONG, Oct. 16, 2020 /PRNewswire/ -- Cyberport Venture Capital Forum (CVCF), Cyberport's annual tech investment event, will return on 3-4 November. This year's event will be held in a virtual and interactive format for the first time, covering how the tech venture ecosystem has been reshaped ...
Renrui HR Group Invests RMB20 Million into Xunteng Group
HONG KONG, Oct. 16, 2020 /PRNewswire/ -- Renrui Human Resources Technology Holdings Limited ("Renrui" or "the Company" and its subsidiaries (collectively, the "Group"), stock code: 6919.HK), is pleased to announce that on 15 October 2020, it has entered into a conditional investment agreement and...
Renrui HR Group Invests RMB20 Million into Xunteng Group
HONG KONG, Oct. 15, 2020 /PRNewswire/ -- Renrui Human Resources Technology Holdings Limited ("Renrui" or "the Company" and its subsidiaries (collectively, the "Group"), stock code: 6919.HK), is pleased to announce that on 15 October 2020, it has entered into a conditional investment agreement and...
TP ICAP Plc Implements TRAFiX OMS
NEW YORK and LONDON, Oct. 15, 2020 /PRNewswire/ -- TRAFiX, a broker-neutral FinTech company, and ICAP, part of TP ICAP Group, a leading provider of market infrastructure, have entered into a multi-year agreement to transition ICAP's Equities trading desks in EMEA & APAC onto TRAFiX's advanced tra...
Covis Group S.à r.l. Announces Commencement of Tender Offer for All Outstanding Shares of AMAG Pharmaceuticals, Inc.
LUXEMBOURG and ZUG, Switzerland, Oct. 15, 2020 /PRNewswire/ -- Covis Group S.à r.l. ("Covis") announced the commencement of a cash tender offer to purchase all of the outstanding shares of common stock of AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) ("AMAG"). The tender offer is being made pursuant ...
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