Investment & Financing
Singapore Start-up SynOption Closes Second Round of Funding
SINGAPORE, Sept. 15, 2020 /PRNewswire/ -- Singapore based FinTech start-up SynOption Pte. Ltd. has announced that successfully closed its second round of funding inJune 2020. SynOption's electronic trading platform, "Optimus", simplifies execution of FX Option trades for institutional investors b...
TUV Rheinland Joins Hands with Changzhou Tianning District People's Government, CQC, and National NEV Technology Innovation Centre
CHANGZHOU, China, Sept. 14, 2020 /PRNewswire/ -- On September 14, TUV Rheinland Group ("TUV Rheinland"), Changzhou Tianning District People's Government, Beijing CQC Huanyu Technology Development Co., Ltd. (CQC Huanyu), an investment platform subordinate to the China Quality Certification Centre ...
Infosys to Acquire GuideVision, a Leading ServiceNow Elite Partner in Europe
Acquisition to augment Infosys Cobalt portfolio of cloud services and further
strengthen nearshore delivery presence inEurope
BENGALURU, India and PRAGUE, Sept. 14, 2020 /PRNewswire/ -- Infosys
UAE's Mohamed bin Zayed University of Artificial Intelligence and Israel's Weizmann Institute of Science sign first of its kind MoU to collaborate on AI research
ABU DHABI, UAE, Sept. 14, 2020 /PRNewswire/ -- The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in the UAE andIsrael's Weizmann Institute of Science have signed a Memorandum of Understanding (MoU), which will see the two institutes work together to advance the development and ...
Purchase of GigaMedia Shares by CEO Cheng-Ming Huang
TAIPEI, Sept. 10, 2020 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that its Chief Executive Officer Cheng-Ming Huang a.k.a.James Huang has purchased a total of 68,737 shares of GigaMedia stock by Pacific Star Universal Group Ltd. at an average price of$2.867 on September 4th,...
Tottenham Acquisition I Limited Announces Filing of a Registration Statement on Form S-4 in Connection with its Proposed Business Combination with Clene Nanomedicine, Inc.
NEW YORK, Sept. 10, 2020 /PRNewswire/ -- Tottenham Acquisition I Limited (Nasdaq: TOTA, TOTAU, TOTAW, TOTAR) ("Tottenham"), a publicly traded special purpose acquisition company, announced today that its subsidiary, Chelsea Worldwide Inc., has filed with the U.S. Securities and Exchange Commissio...
Venus Medtech Taps into Surgical Heart Valve Market by Cooperating with Haoyue Group to Develop the Business of High-end Biomaterial Medical Devices
HANGZHOU, China, Sept. 10, 2020 /PRNewswire/ -- The leading transcatheter heart valve medical device player inChina - Venus Medtech (Hangzhou) Inc. ("Venus Medtech" or the "Company", together with its subsidiaries, the "Group", stock code: 2500) andJilin Changchun Haoyue Halal Meat Co., Ltd ("Hao...
Compliance Solutions Strategies Acquires AMFINE
NEW YORK, Sept. 10, 2020 /PRNewswire/ -- Compliance Solutions Strategies ("CSS"), a leading RegTech platform providing technology-driven solutions which enable financial services firms to meet mandatory regulatory compliance requirements, today announced the acquisition of AMFINE ("AMFINE"), a pr...
China Renaissance Closes Huaxing Growth Capital USD Fund III
BEIJING, Sept. 10, 2020 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Company", stock code: 1911.HK)announced today the final closing of Huaxing Growth Capital's USD Fund III with more thanUS$600 million in committed capital, backed by top-tier global institution...
Indonesian Logistics Tech Startup Waresix Closes c.US$100 Million Fundraising
Summary * Waresix seeks to digitally transform the US$55 billion Indonesian trucking and warehousing sector. * Amid the COVID-19 pandemic, Waresix has scaled up rapidly to support the distribution of essential goods to over 100 cities acrossIndonesia and to provide logistics services to prim...
Urban Tea Announces Entering into Letter of Intent to Acquire 80% Equity Interests in Guokui Management Inc.
CHANGSHA, China, Sept. 9, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that the Company has signed a non-binding Letter of Intent ("LOI") to acquire 80% of...
Pcysys Announces $25 Million Series-B Funding Round Led by Insight Partners
Financing Accelerates Company's Expansion to Support Growth of Cybersecurity Testing Market TEL-AVIV, Israel, Sept. 9, 2020 /PRNewswire/ -- Cybersecurity Validation company, Pcysys, announced today that it has completed a$25 million Series-B Funding round led by US-based venture capital and priv...
CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans expansion in US and other markets
SINGAPORE, Sept. 9, 2020 /PRNewswire/ -- CredoLab
Sierra Blanca Estates And FENDI Casa Announce The Launch Of EPIC MARBELLA Furnished By FENDI Casa In Marbella, Spain
Private Residences offering a new concept for refined living in Europe. MARBELLA, Spain, Sept. 9, 2020 /PRNewswire/ -- Luxury private developer Sierra Blanca Estates and FENDI Casa, the Italian design house, have collaborated to develop EPIC MARBELLA furnished by FENDI Casa. The project boasts ...
ILC Dover Acquires Solo Containment, a Leading UK-Based Provider of Products Used in Pharmaceutical and Biopharmaceutical Manufacturing
FREDERICA, Delaware, Sept. 9, 2020 /PRNewswire/ -- ILC Dover, Inc. ("ILC Dover" or the "Company"), a world leader in the design and production of single-use flexible solutions for pharmaceutical and biopharmaceutical manufacturing, today announced the acquisition of Solo Containment, Ltd. ("Solo"...
Funding Societies announces Key Management Changes to prepare for Post-COVID Growth
SINGAPORE, Sept. 9, 2020 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital financing platform, has todayannounced new additions to its Executive team. Frank Stevenaar joins as the FinTech's first Chief Financial Officer, while Nihit Nirmal takes on the role as Chief Product ...
Zymergen Takes Aim at $3 Trillion Chemical & Materials Industry With $300 Million in New Funding
One of the largest deep tech investments of 2020 to fuel additional product releases and development of breakthrough materials EMERYVILLE, California, Sept. 9, 2020 /PRNewswire/ -- Science and material innovation companyZymergen today announced $300M in new investment to accelerate its delivery ...
Thunes raises $60M in Series B funding to accelerate global growth
SINGAPORE and LONDON, Sept. 8, 2020 /PRNewswire/ -- Fintech startup Thunes, which operates a global B2B cross-border payments network, continues to attract investment as emerging markets take off. The latest Series B funding round sees Africa-focused Helios Investment Partners leading the US$60 mi...
ScaleUp Malaysia Partners Asia's Quest Ventures to Take Local Solutions Global
KUALA LUMPUR, Malaysia, Sept. 8, 2020 /PRNewswire/ -- ScaleUp Malaysia today announced that they have entered into an exclusive partnership with Quest Ventures, aSingapore-based venture capital firm to invest and scale the regional growth of top Malaysian startups. The partnership with Quest Vent...
Acclime launches its Cambodian operation with the acquisition of BSE Accounting expanding the geographic reach to eight markets in the region
HONG KONG, Sept. 8, 2020 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of BSE Accounting Co., Ltd (BSE) inCambodia, with the firm soon to be rebranded to operate as Acclime Cambodia. With this latest acquisition, Acc...
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