Investment & Financing
KT and Hyundai Accelerate Digital Transformation with Smart Robots
SEOUL, South Korea, June 17, 2020 /PRNewswire/ -- KT Corp. (KRX: 030200; NYSE: KT),South Korea's largest telecommunications company, announced it signed strategic cooperation and investment contracts with Hyundai Robotics, to speed up collaboration for digital transformation based on 5G, artifici...
Dairy.com Acquires Orbis MES
Accelerates End-To-End Supply Chain Digitization and Expands Global Presence FRISCO, Texas, June 17, 2020 /PRNewswire/ -- Dairy.com® announces the acquisition ofOrbis MES, a Dublin, Ireland-based leader in manufacturing execution systems (MES) for the food and beverage industry. The move broaden...
Achasoda.com, the Premiere E-commerce global platform launched in Pakistan
KARACHI, Pakistan, June 17, 2020 /PRNewswire/ -- "Achasoda.com established the first international website that will help in providing a platform for the B2B (Business-to-Business) match-making between manufacturing and processing industries inChina, Pakistan and across the globe," said the CEO o...
Greensill acquires Omni to significantly increase presence in Latin America
- Deal enables Greensill to target $750 billion working capital finance market across the continent LONDON, June 16, 2020 /PRNewswire/ -- Greensill, the leading provider of working capital finance for businesses and people globally, has acquired Omni, Latin America's foremost digital lender to S...
Moovaz goes global with $7mil Series A funding & acquires SPH's The Finder
SINGAPORE, June 16, 2020 /PRNewswire/ -- Once a demographic dominated by affluent professionals, the face of the expat has dramatically shifted to welcome almost everyone, including a new generation of free-spirited, tech-savvy, globally-mobile adventurers keen to experience the world -- and Moo...
Bespin Global Raises $75M in Series-C Funding
SEOUL, South Korea, June 15, 2020 /PRNewswire/ -- Mr. John Hanjoo Lee, the CEO of the global cloud management company Bespin Global, announced onMay 27th that the company had signed a$75M Series-C funding contract through its holding company, Newberry Global. Bespin Global has raised $177M so ...
New Capture the Fracture® Partnership Aims for 25% Reduction in the Incidence of Hip and Vertebral Fractures Due to Osteoporosis by 2025
International Osteoporosis Foundation Announces First-of-its-kind Partnership WithUniversity of Oxford, Amgen and UCB to Combat Global Public Health Burden of Osteoporosis[1] Hip and Vertebral Fractures are Costly for Society and Can be Life-Altering for Patients[2],[3] NYON, Switzerland...
European Startup Entire Digital Acquires Contents.com
Entire Digital, the fastest-growing media tech player in Europe thanks to its proprietary technology for media outlets and products in SaaS, has acquired the American brand Contents.com. From fall 2020, the company will broaden its horizons by fully entering the global market with an acquisition ...
58.com Enters into a Definitive Agreement for Going-Private Transaction
BEIJING, June 15, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"),China's largest online classifieds marketplace, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Quantum Bloom Group Ltd, an exempted company...
ImmVira Raises $58M in Series B financing
SHENZHEN, China, June 15, 2020 /PRNewswire/ -- Today Immvira Group Company, a biotechnology company focused on the development of new generation oncolytic viruses as potential cancer therapeutics, announces the completion of Series B financing for58 million US dollars. Attracting some of the top ...
China XD Plastics Company Limited Enters into Definitive Merger Agreement for Going Private Transaction
HARBIN, China, June 15, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) (the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, today announced ...
tonik raises $21M Series A led by Sequoia India and Point72
SINGAPORE, June 15, 2020 /PRNewswire/ -- Tonik Financial Pte Ltd ("tonik") announcedtoday that it closed a $21M round of Series A equity funding. The round was led by blue-chip VC investors Sequoia India and Point72 Ventures, with a significant participation from previous VC investors Insignia an...
Orchestrating impact: the promise of Angel Investment Networks to support impact enterprises in Southeast Asia
TOKYO, June 12, 2020 /PRNewswire/ -- On June 12, 2020, the Sasakawa Peace Foundation (SPF) in partnership with the Angel Investment Network Indonesia (ANGIN) launched The Emergence of Angel Investment Networks in Southeast Asia, a three-part report series outlining the landscape of Angel Investme...
NS8 Raises $123 Million Series A, Now Among Fastest Growing Fraud Prevention Platforms in the World
Latest Raise Led by Lightspeed Venture Partners and AXA Venture Partners LAS VEGAS, June 12, 2020 /PRNewswire/ -- NS8, an online fraud prevention company, announced the company has successfully closed$123 million in venture funding led byLightspeed Venture Partners and AXA Venture Partners (AVP)....
European Deep-tech Champion IQM Receives More Than €20M of New Funding
Simultaneously IQM unveils its first quantum computer design to set the phase
in thetechnology roadmap
ESPOO, Finland, June 11, 2020 /PRNewswire/ -- IQM Finland Oy
Telia & Fleet Complete Partner to Expand Smart Mobility Solutions
The partnership brings a variety of smart mobility solutions on one consolidated IoT platform to help fleet-owning businesses inDenmark reduce costs and fuel emissions through greater efficiency in their operations. COPENHAGEN, Denmark, June 10, 2020 /PRNewswire/ -- Telia Enterprise now inc...
Neusoft Reach and Honda China Establish Hynex Mobility Service, a New Joint Venture Company, to Accelerate Advancements Toward Next-generation Connected Services Business in China
SHENYANG, China, June 10, 2020 /PRNewswire/ -- Neusoft Reach Automotive Technology (Shanghai) Co., Ltd. (Neusoft Reach) partners with Honda Motor (China ) Investment Co., Ltd., a wholly-owned Honda subsidiary inChina, for the establishment of a new joint venture company, Hynex Mobility Service Co....
Yingli Has Officially Entered the Judicial Restructuring Process
BAODING, China, June 10, 2020 /PRNewswire/ -- On June 9 EST, photovoltaic enterprise Yingli Green Energy Holding Co., Ltd. ("Yingli") (OTC Pink: YGEHY) announced that Baoding Municipal Intermediate People's Court has officially accepted the restructuring application of its subsidiary inChina, nam...
Gula Skrinet AB to Acquire Caterpillar Propulsion AB
OCKERO, Sweden, June 9, 2020 /PRNewswire/ -- Gula Skrinet AB has reached an agreement with Caterpillar Luxembourg Sarl to acquire Caterpillar Propulsion AB and its subsidiaries. The sale is expected to close onJune 30, 2020. Caterpillar Propulsion AB, formerly Berg Propulsion AB, is a leading ...
Air Liquide Venture Capital (ALIAD) partners with Cathay Smart Energy Fund to accelerate the energy transition with technology start-ups in China
PARIS, June 9, 2020 /PRNewswire/ -- ALIAD, the Venture Capital arm of the Air Liquide Group, expands its footprint inAsia by investing for the first time in China, while strengthening its position in the energy transition through an equity investment in the Cathay Smart Energy Fund. Since its c...
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