Investment & Financing

Wellcome launches world's largest global prize for mental health science

2026-05-14 16:00 2849

* The prize, in partnership with Nature, will celebrate breakthroughs in mental health science. It aims to accelerate translation, influence policy and transform lives * This award champions new pharmacological, psychological, social and digital interventions from around the world * The ...

METiS TechBio, the World's First Publicly Listed AI-Powered Drug Delivery Company, Debuts on the Hong Kong Stock Exchange, "The SpaceX of Pharmaceuticals" Ushers in a New Era of Biopharmaceuticals

2026-05-14 10:09 3711

HONG KONG, May 13, 2026 /PRNewswire/ -- METiS TechBio (7666.HK), a tech-bio company focused on AI-powered nanodelivery innovation, today successfully listed on the Hong Kong Stock Exchange (HKEX), becoming the world's first publicly listed AI-powered drug delivery company and the first AI-powered...

MDJM Ltd. (OTC: UOKAF) Enters into Share Purchase Agreement to Acquire Controlling Stake in Japan-Based Mirai Co., Ltd.

2026-05-14 04:11 5126

LETHAM, Scotland, May 13, 2026 /PRNewswire/ -- MDJM Ltd. (OTC: UOKAF) (the "Company"), an integrated global culture-driven asset management company, today announced that, through its wholly-owned subsidiary, MANSIONS CATERING AND HOTEL LTD, it has entered into a share purchase agreement to acquir...

Sankaty Jet Capital Provides $68 Million Debt Facility to Wheels Up

2026-05-14 01:17 4471

Sankaty Jet Capital, a wholly owned subsidiary of AIP Capital, has committed capital through a new secured mezzanine facility STAMFORD, Conn. and NEW YORK, May 14, 2026 /PRNewswire/ -- Sankaty Jet Capital ("Sankaty" or "the Company"), a business aviation lending platform focused on providing fin...

Robo.ai Appoints Abu Dhabi Tech Executive as CTO of the Newly Acquired AI Data Processing Company, Neurovia

2026-05-13 17:00 5823

DUBAI, UAE, May 13, 2026 /PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO), following its acquisition of Neurovia AI Limited, today announced that the Board of Directors of Neurovia AI has appointed Mansoor Ali Khan as its Chief Technology Officer. Mr. Khan will be leading the development of proprietar...

Isomorphic Labs secures $2.1 Billion funding to scale its AI drug design engine

2026-05-12 22:27 3406

Isomorphic Labs will use the funding to power its world-leading AI drug design engine, scale its business globally and progress its drug candidate pipeline. LONDON, May 12, 2026 /PRNewswire/ -- Isomorphic Labs, an AI-first drug design and development company, today announced it has raised $2.1 Bi...

Bounteous Acquires Cartesian, Enhancing Deep Data and Analytics Capabilities to Accelerate Enterprise AI

2026-05-12 22:00 3786

Acquisition also strengthens telecommunications expertise and accelerates global growth FRISCO, Texas and LONDON, May 12, 2026 /PRNewswire/ -- Bounteous, an AI services firm, today announced its acquisition ofCartesian,

EquiLend Acquires Finadium, Expanding Presence in Securities Finance Research & Consulting

2026-05-12 21:00 2879

Finadium to continue operating independently as a subsidiary of EquiLend NEW YORK, May 12, 2026 /PRNewswire/ -- EquiLend , a global leader in securities finance technology, data, and ...

Cloopen Enters into Definitive Merger Agreement for Going-Private Transaction

2026-05-12 19:00 3770

BEIJING, May 12, 2026 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with SpringX Holdings Limited, an exempted company incorporated with limited li...

Satair Finalises Acquisition of Unical Aviation and ecube

2026-05-12 04:38 2826

COPENHAGEN, Denmark, May 12, 2026 /PRNewswire/ -- Satair , an Airbus company, announced the successful completion of its acquisition of Unical Aviation Inc. ("Unical") and its subsidiary ecube. This milestone creates a premier, end-to-end global provider of Used Servicea...

MountAIn disrupts Edge AI landscape to Deliver Cloud-Grade Computer Vision Stack on Alif Semiconductor's Ensemble and Balletto Processors

2026-05-08 22:13 4427

GRENOBLE, France and PLEASANTON, Calif., May 8, 2026 /PRNewswire/ -- Following a 2026 CES Innovation Award, MountAIn enables frictionless deployment of high-precision AI models fully optimised for Alif's ultra-low-power hardware to eliminate the need for power-hungry chipsets. Python developers ...

Strategic Value Partners Announces Agreement to Acquire Remaining Equity Interests in Birdsboro Power

2026-05-08 21:26 4844

GREENWICH, Conn. and BIRDSBORO, Pa., May 8, 2026  /PRNewswire/ -- Strategic Value Partners, LLC (together with its affiliates, "SVP"), a global alternative investment firm with approximately $22 billion of assets under management, today announced that its managed funds (the "SVP Funds") have sign...

ROBOTERA Raises Over USD 200 Million in New Round Led by SF Group, HSG and IDG Capital

2026-05-08 15:59 3697

BEIJING, May 8, 2026 /PRNewswire/ -- Following its RMB 1 billion strategic round in March, robotics company ROBOTERA has raised over USD 200 million in a new financing round led by SF Group. The round also saw participation from leading financial investors including HSG, IDG Capital, Hillhouse In...

From Funan to the World Stage, Homegrown mc.2 Acquired by Global Leader Hunter Douglas After Two Decades of Consumer-Led Innovation

2026-05-08 11:11 3372

A relentless focus on real consumer needs, a willingness to reinvent completely, and a homegrown success story that earned global recognition SINGAPORE, May 7, 2026 /PRNewswire/ -- When Wilson Chew (aged 51) founded mc.2 in 2004 as a small electronics retailer at Funan Centre, few would have pre...

Willog Secures Series B-2 Investment to Accelerate Global Supply Chain Intelligence via IoT x AI

2026-05-08 07:05 3598

* Five consecutive years of 0% customer churn: Leading the transition to "data-driven" logistics * Enhancing AI-based risk prediction and automated response to speed up global expansion SEOUL, South Korea, May 8, 2026 /PRNewswire/ -- Willog, an AIoT-powered supply chain intelligence company l...

Medit Establishes Global Orthodontic Business Division, Anchored by Strategic Acquisition of Progressive Orthodontics

2026-05-07 22:21 3939

Global digital dentistry leader expands into orthodontics by combining proprietary technology with one of the world's leading clinical education platforms SEOUL, South Korea and ALISO VIEJO, Calif., May 7, 2026 /PRNewswire/ -- Medit Corp., a global leader in digital dentistry solutions, today an...

CATL Subsidiary CAIT Partners up with Togg on Bedrock Chassis

2026-05-07 18:00 4131

NINGDE, China, May 7, 2026 /PRNewswire/ -- On April 29th, Contemporary Amperex Intelligent Technology (Shanghai) Limited (CAIT), CATL's skateboard chassis arm, has entered into a strategic partnership with Turkish automotive brand Togg to jointly develop chassis platform for its new B-segment veh...

The US software company Keypoint Intelligence has joined Total Specific Solutions

2026-05-06 23:00 2503

FAIRFIELD, N.J., May 6, 2026 /PRNewswire/ -- Utrecht, the Netherlands/Fairfield, the United States of America. Total Specific Solutions ("TSS") has acquired Keypoint Intelligence, a leading US-based provider of data, market intelligence, and analytical software for the global digital imaging ind...

Retail Global Acquires Power Retail, Creating a Bigger, Better Retail Ecosystem in Australia

2026-05-06 21:41 4365

MELBOURNE, Australia, May 6, 2026 /PRNewswire/ -- Retail Global has officially signed an agreement to acquire the Power Retail brand and its assets – bringing together two of the industry's most recognisable platforms and setting the stage for something much more connected, dynamic, and impactful...

Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure

2026-05-06 13:58 4700

SINGAPORE, May 6, 2026 /PRNewswire/ -- Digital Edge and B.Grimm Power today announced the successful signing of a US$880 million green loan – the largest financing ever secured for a data center project in Thailand – to finance the development of the joint venture's 100MW BKK Campus in Chonburi. ...

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