Investment & Financing
G-ray Switzerland announces new CEO, closes successful funding round
NEUCHÂTEL, Switzerland, Aug. 31, 2020 /PRNewswire/ -- G-ray Switzerland, the medical imaging and industrial diagnosis start-up founded in 2014, has announced the appointment of Luis Pallares as Chief Executive Officer, as the company embarks on an accelerated growth drive and completes a successf...
Delivery Robot Company Pudu Robotics raised Nearly $15 Million in Series B+ Financing, Led by Sequoia Capital China
SHENZHEN, China, Aug. 28, 2020 /PRNewswire/ -- On August 19, the indoor delivery robot company Pudu Robotics announced the completion of Series B+ round of nearly$15 Million led by Sequoia Capital China. Existing shareholders Meituan, Everwin Investment, QC Capital, and Chengbohan Fund all joined...
Platform + Sharing Giant TOJOY Expects a Trillion-Dollar Valuation in the Future
BEIJING, Aug. 27, 2020 /PRNewswire/ -- At the recent 2020 China Unicorn Carnival, co-sponsored by China Business News and The China Business Federation, Experts in attendance generally agreed that companies including Bytedance, SpaceX, Alibaba, Didi, WhatsApp, Airbnb, and TOJOY Sharing could all ...
Urban Tea Announces Entry into Letter of Intent to Acquire Controlling Stake of A Brand Management Company and A Supply Chain Management Company
CHANGSHA, China, Aug. 27, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that the Company and its wholly-owned subsidiary Hunan Ming Yun Tang Brand Management Co., L...
Tradewind Finance Closes $15 Million Credit Facility for Manufacturer Headquartered in Europe
NEW YORK, Aug. 27, 2020 /PRNewswire/ -- Tradewind Finance has provided a $15 million credit facility to a 75-year-old manufacturer headquartered in Europe with a subsidiary in theUSA. The supply chain finance company is an industry leader in international trade financing. The client sells glob...
Recurrent Energy Secures Development Loan Facility to Accelerate Project Development Activities in North America
GUELPH, Ontario, Aug. 27, 2020 /PRNewswire/ -- Canadian Solar Inc.
Leading Textile Tech Innovators Unite to Create World's First Garment fully powered by HeiQ Viroblock
SCHLIEREN, Switzerland, Aug. 26, 2020 /PRNewswire/ -- The upshot of a
collaboration among2A-NYGUARD
RoboPharma Acquired by Capsa Healthcare to Broaden Reach Into New Pharmacy Automation Markets
WAALWIJK, Netherlands, Aug. 26, 2020 /PRNewswire/ -- RoboPharma announced today the company has been acquired by Capsa Healthcare, a worldwide innovator in healthcare delivery solutions for hospitals, senior care settings, and retail pharmacy providers. Becoming an integral segment within Capsa H...
Globalization Partners Announces Partnership with Fullstack Advisory in Australia
SYDNEY, Aug. 26, 2020 /PRNewswire/ -- Globalization Partners, which simplifies global business by enabling companies to hire talent in 180+ countries without the complexity of setting up international branch offices or subsidiaries, has announced a partnership inAustralia with business-building t...
ExoCoBio Inc. raises $9.3M in Pre-IPO Financing
* Its exosome-based regenerative aesthetics business is fast growing. * The IPO process will be initiated and stock trading is expected in 1Q 2021 on KOSDAQ. SEOUL, South Korea, Aug. 25, 2020 /PRNewswire/ -- ExoCoBio Inc. announced that it recently raised$9.3 million in its series C and Pre-IP...
AVEVA and OSIsoft Combine Accelerating Digital Transformation of Industrial World
LONDON and SAN LEANDRO, Calif., Aug. 25, 2020 /PRNewswire/ -- AVEVA, a global leader in industrial software, and OSIsoft, a global leader in real-time industrial data software and services, have announced an agreement for AVEVA to acquire OSIsoft for$5.0 billion. AVEVA and OSIsoft will combine th...
Ento Launches One of the World's First Equity Crowdfunding Campaign for an Alternative Protein Company Via Fundnel
KUALA LUMPUR, Malaysia, Aug. 25, 2020 /PRNewswire/ -- Ento, a Malaysia-based alternative protein company today announced the launch of its equity crowdfunding campaign (ECF) via Fundnel, marking one of the world's first alternative protein companies to raise money via the ECF route. Ento is an e...
Impartner Completes Acquisition of TIE Kinetix's Channel Marketing and Demand Generation Business
Acquisition joins together the channel management industry's two top technologies SALT LAKE CITY, Aug. 24, 2020 /PRNewswire/ -- Impartner, the world's most-award winning, most complete channel management platform and Partner Relationship Management (PRM) provider today announced it has completed...
Connect Biopharma Completes $115 Million Series C Financing to Advance Ongoing Clinical Trials in Atopic Dermatitis and Ulcerative Colitis and Initiate Additional Clinical Programs
- In an oversubscribed round, top-tier investors provide significant financial resources to accelerate clinical development of potentially best-in-class therapies for inflammatory/autoimmune diseases - SAN DIEGO and TAICANG, SUZHOU, China, Aug. 24, 2020 /PRNewswire/ -- Connect Biopharma ("Connec...
One Drop Announces Nearly $100M Financing And Commitments By Bayer
$98.7M financing, development fees and commercial milestone commitments accelerate the development and commercialization of One Drop's digital health platform and data-driven predictive capabilities across multiple therapeutic areas NEW YORK, Aug. 24, 2020 /PRNewswire/ -- One Drop, a leader in d...
Ucommune and Orisun Entered Into Backstop Agreements for $53 Million Funding Including Investment From Green Better Limited, a Subsidiary of Xiaomi (HKEX: 1810), and Sunshine 100 China (HKEX: 2608)
* Ucommune is the largest agile office space manager and co-working community operator inChina. Its early investors include Sequoia Capital China, Matrix Partners China, Sinovation Ventures, and ZhenFund. * Ucommune and Orisun entered into a merger agreement in June 2020. The transaction is e...
Thirty-Four Semi-Unicorn Companies Announce Listing Plans on Same Day
BEIJING, Aug. 24, 2020 /PRNewswire/ -- On August 24th, TOJOY is hosting the "2020 China Unicorn Carnival", where promising companies can access capital, resources, and partnerships needed for growth acrossChina via one of the world's largest business acceleration platforms. In just its first day ...
SDIC leads the investment of Xuanzhu Biopharmaceutical with RMB 800 million, promoting innovation and R&D
HONG KONG, Aug. 24, 2020 /PRNewswire/ -- Sihuan Pharmaceutical Holdings Group Ltd. (HKEX: 0460 "Sihuan Pharmaceutical" or the "Company", together with its subsidiaries, the "Group") is pleased to announce that Xuanzhu Biopharmaceutical, its innovative drug research and development platform, su...
FarEye Raises USD 37.5 Mn In Series D Funding To Expand Its Delivery Logistics Platform Used By DHL & Amway
* The Fundamentum Partnership & KB Global Platform Fund Invest In FarEye
* FarEye accelerates its global expansion as enterprises move towards
customer-centric supply chains SINGAPORE, Aug. 21, 2020 /PRNewswire/ --
FarEye, a leading logistics SaaS platform forpredictive visibility
AirNet Announces Capital Increase from Dragonpass Co., Ltd.
BEIJING, Aug. 20, 2020 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that Dragonpass Co., Ltd. ("Dragonpass")...
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