Investment & Financing
58.com Announces Shareholders' Approval of Merger Agreement
BEIJING, Sept. 7, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"),China's largest online market place for classifieds, today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among other things, t...
Smart Consumer Technology Startup Dreame Technology Raises Nearly USD 15 Million in Series B+ Funding Led by IDG Capital
BEIJING, Sept. 7, 2020 /PRNewswire/ -- Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced that it raised nearlyRMB 100 million ( US$14.6 million) in its Series B+ funding led by IDG Capital with partic...
Xinhua Silk Road: Master Kong signs agreement with CSF to launch space instant food
BEIJING, Sept. 6, 2020 /PRNewswire/ -- Chinese food and beverage giant Master Kong, also known as Tingyi Holding Corp., on Wednesday signed an agreement with China Space Foundation (CSF) to launchChina's first kind of space instant noodles. In the past three years of cooperation betwee...
Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations
JOHANNESBURG, Sept. 4, 2020 /PRNewswire/ -- Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through an updated strategy, Future Sasol and lower-carbon bu...
GSG Receives Minority Investment from Shanghai Finance Institute
HONG KONG, Sept. 4, 2020 /PRNewswire/ -- Governance Solutions Group (GSG) today announces Shanghai Finance Institute (SFI) as a new minority investor. GSG, an AI-enabled Governance and ESG advisor has partnered with SFI, a Shanghai based think tank dedicated to financial policy research, chaired ...
InxMed Announced the Completion of RMB 130M (~US$ 19M) Series A+ Financing to Accelerate Its Clinical Development and Strengthen Translational Capabilities
NANJING, China, Sept. 4 2020 /PRNewswire/ -- InxMed (Nanjing) Co., Ltd. ("InxMed" or "Company"), a clinical stage biotech company dedicated to developing innovative, individualized medicines with international impact, today announced the completion of its Series A+ financing of130M RMB ( ~US$19Mi...
New investors Thiel and Novogratz introduced to Bionomics by Apeiron Investment Group as part of successful second placement capital raising
SYDNEY, Sept. 3, 2020 /PRNewswire/ -- Following overwhelming shareholder approval, the scheduled second placement of 54,333,000 new shares by Bionomics is proceeding and expected to complete shortly. In accordance with the Subscription Agreement between Apeiron and Bionomics, Apeiron has introduc...
Nippon Express Completes Acquisition of Equity Interests in MD Logistics and MD Express (Turning into Subsidiary)
TOKYO, Sept. 3, 2020 /PRNewswire/ -- Nippon Express Co., Ltd. (Code No.9062, First Section, Tokyo Stock Exchange; hereinafter the "Company") hereby announces that, as announced onMay 22, 2020, in the "Acquisition of Equity Interests in MD Logistics, Inc. and MD Express, Inc. (Turning into a Subs...
TripGift(R) launches alternative Group Incentive Travel solution & Travel and eLearning for the underbanked market
NEW YORK and LONDON, Sept. 2, 2020 /PRNewswire/ -- This month sees the
multi-award winning TripGift® 'online Travel store and global digital gift card
brands', launch a plethora of new partnerships across the globe, supporting the
earlier soft launch ofelearngift.com
bitBiome has raised 700 million JPY in Seed financing
TOKYO, Sept. 1, 2020 /PRNewswire/ -- bitBiome, Inc., an emerging leader in microbiome analytics, has raised700 million JPY (approx. $6.6m US) in seed financing from previous and new investors including TheUniversity of Tokyo Edge Capital Partners, Universal Materials Incubator, and otherJapan-ba...
MANA Products Announces Purchase by Traub Capital to Enhance Its Growth as a Prestige Beauty Innovator
MANA to Continue Its Proud Legacy Under Traub Capital Ownership NEW YORK, Sept. 2, 2020 /PRNewswire/ -- Today, MANA Products, a premier beauty contract manufacturer based inLong Island City, New York, announced it has been purchased by Traub Capital. The acquisition allows Traub Capital to lev...
INSIGHTEC MR-Guided Focused Ultrasound Receives Reimbursement from Japanese Ministry of Health, Labour and Welfare for the Treatment of Parkinson's Disease
HAIFA, Israel and MIAMI, Sept. 2, 2020 /PRNewswire/ -- INSIGHTEC®, a global medical technology innovator of incisionless surgery, today announced that it has received national reimbursement from the Japanese Ministry of Health, Labour and Welfare (MHLW) for treating Parkinson's Disease. Pa...
Aqua Medical Announces Final $8.2 Million Equity Investment Led by ShangBay Capital to Close Its $15.5 Million Series A Financing Round
Investment will be used to advance its novel vapor-based ablation system to treat precancerous conditions and metabolic disease such as type 2 diabetes in the gastrointestinal (GI) tract. SANTA ANA, California, Sept. 1, 2020 /PRNewswire/ -- Aqua Medical's innovative platform technology provides ...
Owl Ventures Closes $585 Million in New Funds for Global EdTech Investments
With over $1.2 billion assets under management, Owl Ventures is the largest venture capital firm in the world focused on the education technology sector SAN FRANCISCO, Sept. 1, 2020 /PRNewswire/ -- Owl Ventures, the largest venture capital fund in education technology, announced today that it cl...
Fuling Global Enters into Definitive Merger Agreement for Going Private Transaction
WENLING, China, Sept. 1, 2020 /PRNewswire/ -- Fuling Global Inc. (Nasdaq: FORK) ("Fuling Global," or the "Company"), a manufacturer and distributor of mainly environmentally-friendly plastic and paper foodservice disposable products, today announced that it has entered into a definitive Agreement...
OANDA Global Corporation enters into Agreement to acquire Dom Maklerski TMS Brokers S.A.
LONDON, Sept. 1, 2020 /PRNewswire/ -- OANDA Global Corporation
Eruditus Closes $113M Series D, Co-led by Leeds Illuminate and Prosus Ventures
New funds enable company to globally scale course portfolio with university partners SINGAPORE and MUMBAI, India and BOSTON, Sept. 1, 2020 /PRNewswire/ -- The Eruditus group, consisting of Eruditus Executive Education (www.eruditus.com) and its online division EMERITUS (www.emeritus.org), today ...
Cyient to Acquire IG Partners, a Specialist Australian Consulting Firm to Strengthen its Digital Capabilities in the Energy and Mining Industry
- Enterprise Asset Management Solution including predictive maintenance and warranty management - Mining 4.0 - IT/OT convergence, exploration data compilation, minerals exploration data management - Operational Efficiency - Digitally enabled workforce, advanced analytics and machine learning, ...
Cyient to Acquire IG Partners, a Specialist Australian Consulting Firm to Strengthen its Digital Capabilities in the Energy and Mining Industry
- Enterprise Asset Management Solution including predictive maintenance and warranty management - Mining 4.0 - IT/OT convergence, exploration data compilation, minerals exploration data management - Operational Efficiency - Digitally enabled workforce, advanced analytics and machine learning, ...
Genesis MedTech Acquires World-first Drug-coated Balloon Technology with Next-generation Angioplasty Architecture for the Treatment of Peripheral Vascular Diseases
SINGAPORE, Aug. 31, 2020 /PRNewswire/ -- Genesis MedTech International has completed the acquisition of the Chocolate Touch ® drug-coated balloon (DCB), a drug-device technology asset from TriReme Medical LLC, a wholly-owned subsidiary ofSingapore-listed QT Vascular Ltd, which engages in the desi...
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