Investment & Financing

NEOM Named as Principal Partner of Mercedes-Benz EQ Formula E Team

2020-03-04 19:10 543

Mercedes-Benz EQ Formula E Team signs long-term partnership with NEOM Engineering and software development opportunities for Saudi nationals are a core part of the agreement Enduring partnership to focus on sport, sustainability and mobility of the future, and on fostering young talent NEOM, Sa...

Sonata Software Makes Strategic Acquisition of GBW, a Leading Global Player in the Exciting Customer Experience (CX) Space

2020-03-04 16:22 636

BANGALORE, India, March 4, 2020 /PRNewswire/ -- Sonata Software today announced signing of definitive agreements to acquire GAPbusters Limited (GBW), the Melbourne headquartered company that has been amongst pioneers in the CX domain, serving renowned brands globally for nearly thirty years. As c...

Cambridge Quantum Computing and Honeywell Announce New Investment and Strengthened Partnership

2020-03-03 22:00 552

CAMBRIDGE, England, Mar. 3, 2020 /PRNewswire/ -- Cambridge Quantum Computing (CQC) announced today that Honeywell Ventures has deepened its collaboration with CQC by investing in the company. The investment comes after a significant period of collaboration between CQC and the quantum computing di...

Comviva Divests its Stake in TerraPay to Prime Ventures, Partech Partners and International Finance Corporation (IFC)

2020-03-03 16:29 545

TerraPay raises $9.6 million fund for company's expansion NEW DELHI, March 3, 2020 /PRNewswire/ -- Comviva , the global leader in mobility solutions, has announced its divestment of stake inTerraPay , for an undisclosed amount to a consortium ...

Lycamobile Spain Acquired by Fast Growing Spanish MNO Masmovil for €372m

2020-03-03 02:06 443

LONDON, March 3, 2020 /PRNewswire/ -- Lycamobile, the world's largest mobile virtual network operator (MVNO) and part of the Lyca Group, is delighted to announce the sale of Lycamobile Spain ("the Company") to the publicly listed Masmovil, a Spanish mobile network operator (MNO). The deal is valu...

Bactiguard Completes Acquisition of Vigilenz

2020-03-02 22:06 256

STOCKHOLM, March 2, 2020 /PRNewswire/ -- Bactiguard Holding AB (publ) ("Bactiguard") has completed the acquisition of Vigilenz Medical Devices and Vigilenz Medical Supplies (together Vigilenz), which was announced on4 February 2020. All conditions precedent have been fulfilled and the first part...

Gardner Denver and Ingersoll Rand Industrial Segment Finalize Merger to Form a Global Leader in Mission-Critical Flow Creation and Industrial Technologies

2020-03-02 16:32 944

* Gardner Denver combined with Ingersoll Rand Industrial to provide a stronger, broader portfolio of mission-critical industrial, energy, medical and specialty vehicle products and services. * Newly combined company now named "Ingersoll Rand Inc." * Integration efforts on track to deliver $2...

Publicis Sapient Acquires Management Consultancy Third Horizon Strengthening its Global Strategy & Consulting Capability

2020-03-02 14:00 302

SYDNEY, March 2, 2020 /PRNewswire/ -- Publicis Sapient has announced the completion of the strategic acquisition ofAustralia-based Management Consultancy firm, Third Horizon. The acquisition, which closed onFebruary 28th, expands the end-to-end digital transformation capability available to Publi...

Web Ventures Grows at WordCamp Miami With Acquisition of weForms WordPress Plugin

2020-02-28 21:00 253

Latest Acquisition Simplifies, Improves Contact Form Building VIRGINIA BEACH, Virginia, Feb. 28, 2020 /PRNewswire/ -- Web Ventures, the Acquisitions and Investment arm of the InMotion Hosting family, announced today at WordCamp Miami that it has acquired weForms, an easy-to-use contact form bui...

Cambridge Quantum Computing Announces Significant New Quantum Technology Collaboration With CERN

2020-02-28 08:07 701

CAMBRIDGE, England, Feb. 28, 2020 /PRNewswire/ -- Cambridge Quantum Computing ("CQC") announced today that it has joined CERN openlab in a collaboration - named the QUATERNION project - to explore the application of quantum technologies to particle physics. CQC is a global leader in the quantum ...

Liquibox Completes Acquisition of DS Smith Plastics

2020-02-27 22:32 722

RICHMOND, Va., Feb. 27, 2020 /PRNewswire/ -- Liquibox, a portfolio company of Olympus Partners, has completed the acquisition of DS Smith plc's Plastics Division. The acquired division includes both rigid and flexible packaging businesses. The combined companies will have 35 manufacturing facilit...

Covestro invests in start-ups

2020-02-27 22:00 855

* Investments in start-up companies planned in five areas * First investments have already been made LEVERKUSEN, Germany, Feb. 27, 2020 /PRNewswire/ -- Covestro is a start-up investor: With its Covestro Venture Capital (COVeC) approach, the company seeks to combine the needs of start-ups in a...

ClearVue Partners' portfolio company Pony.ai completes Series B round funding totaling USD 462 million

2020-02-27 11:09 466

SHANGHAI, Feb. 27, 2020 /PRNewswire/ -- Shanghai-based private equity firm ClearVue Partners today announces that its portfolio company Pony.ai, a leading autonomous driving company inChina and the US, has completed Series B round funding ofUSD 462 million and puts Pony.ai's valuation at just ove...

Easyfairs Northeral Acquires Hotel & Restaurant Event

2020-02-26 22:35 493

BRUSSELS, Feb. 26, 2020 /PRNewswire/ -- Easyfairs Northeral, the North African branch of Easyfairs, has announced the acquisition of SIEL - The International Exhibition for Hotel & Restaurant Equipment and Services. This 14-year-old event attracts +7000 visitors every year from the HoReCa sector ...

Ridgewood Infrastructure Hits Hard Cap on its Inaugural Fund

2020-02-26 22:03 498

NEW YORK, Feb. 26, 2020 /PRNewswire/ -- Ridgewood Infrastructure, LLC today announced the final close ofRidgewood Water & Strategic Infrastructure Fund, LP (the "Fund") at its hard cap of$600 million. The Fund had initially targeted $500 million of capital commitments and was oversubscribed.   R...

Top Web Building Platform Elementor Raises $15 Million in Funding Led By Lightspeed Venture Partners

2020-02-26 21:35 482

TEL AVIV, Israel, Feb. 26, 2020 /PRNewswire/ -- Elementor , the leading WordPress website builder platform, announced today that they raised$15 million from Lightspeed Venture Partners in their first round of institutional funding. This comes as Elementor's intuitive web ...

PLMP Fintech's Venture Capital entity secures Fund Management licence to bring blockchain to over 10,000 SMEs in 10 years

2020-02-26 19:38 899

PHNOM PENH, Cambodia, Feb. 26, 2020 /PRNewswire/ -- The local investment arm of Singaporean blockchain firm PLMP Fintech, PLMP Venture Capital, has been awarded today an Asset and Fund Management licence by the Securities and Exchange Commission ofCambodia (SECC). The move is part of the company'...

Snapask Plans Further Expansion in Southeast Asia with Latest US$ 35 million Funding

2020-02-26 14:00 286

* Snapask, Asia's leading education technology brand, announces completion of aUS$35M round in 2020, adding to over US$ 50 million fundraised to date. * Snapask aims to become the leader in education technology, driving the revolution of self-directed learning acrossAsia. * With "We Wonder...

KAHR Medical Raises $18 Million in Private Funding Round

2020-02-26 08:30 451

Funds will be used for advancing the Company's next generation immuno-oncology drug candidates, including lead anti-CD47 product for the treatment of solid tumors through Phase I/II study in addition to advancing preclinical pipeline JERUSALEM, Feb. 26, 2020 /PRNewswire/ -- KAHR Medical

Longevity Acquisition Corporation to Extend Deadline to Consummate Acquisition

2020-02-25 21:45 193

SHANGHAI, Feb. 25, 2020 /PRNewswire/ -- Longevity Acquisition Corporation (the "Company" or "Longevity") (NASDAQ: "LOACU") today announced that the Company's sponsor, Whale Management Corporation (the "Sponsor"), has notified the Company that the Sponsor has deposited into the Company's trust acc...

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