Investment & Financing
Income Insurance Transfers Digital Insurance Platform To Embed Financial Group Holdings
Transfer positions HIVE within a global embedded finance infrastructure group, extending its distribution reach beyond Singapore and Southeast Asia. SINGAPORE, June 18, 2026 /PRNewswire/ -- Income Insurance Limited (Income Insurance) today announced the business transfer of its digital insurance ...
Vibefam Raises US$1 Million to Build an AI-Powered Operating System for Fitness Businesses
SINGAPORE and NEW YORK, June 18, 2026 /PRNewswire/ -- Vibefam, the all-in-one operating system for fitness businesses, announced the completion of a US$1 million seed funding round led by a Singapore-based family office with a strong track record of backing category-defining technology companies....
Robo.ai announces proposed acquisition of QC Capital, an AI-Driven technology holding and venture-building platform
ABU DHABI, UAE, June 18, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed UAE-based company, announced today that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited ("Quantum Core" or "QC Capital"). Under the agreement, the total consid...
Carro enters Australia with CarPlace acquisition to bring better, transparent car buying and selling experience to Australians
* Carro forms partnership with Autoleague, one of Australia's largest automotive groups * On top of strengthening digital capabilities to drive rapid growth, Carro will take over showrooms in Western Australia and Queensland and roll out Wholesale operations out of Victoria * Carro is now p...
Synvo AI Raises US$1 Million to Give Enterprise AI a Memory
NTU spinout secures seed investment from Fuel Ventures Asia; early deployment cuts a manufacturer's quotation generation workflow time from 45 minutes to under 5 minutes SINGAPORE, June 18, 2026 /PRNewswire/ -- Enterprise AI has a memory problem. Every session starts blank—with no organisational...
PMET Advances On-Site Lithium Refining Strategy Through Technology Collaboration MOU with Mitsui and MWCC
MOU to evaluate microwave calcination technology as a key enabling step in PMET's downstream strategy, leveraging the potential use of Québec's low-cost renewable hydroelectricity to support on-site lithium chemical processing MONTREAL, June 18, 2026 /PRNewswire/ -- June 18, 2026 – Sydney, Austra...
Hitachi Energy bolsters the regional transformer market with strategic investment in North America
Announces signing of definitive agreement to acquire Canduct, a leading manufacturer of transformer insulation kits and components ZURICH, June 17, 2026 /PRNewswire/ -- Hitachi Energy, a global leader in electrification, today announced a major expansion of its North American transformer insulat...
CtrlS Secures ₹7,000 Crore Commitment from CPP Investments to Scale Datacenter Infrastructure in India
At a Pre-Money Valuation of ₹44,914 Crore (C$6.6 Billion) INR 3,000 Crore (C$441 Million) of the Proceeds to Be Used to Form a Joint Venture HYDERABAD, India, June 17, 2026 /PRNewswire/ -- CtrlS Datacenters Ltd. today announced a strategic partnership withCanada Pension Plan Investment Board (C...
Dioseve Secures JPY 1.45 Billion to Advance iPS Cell‑Based IVF Support, Adds TIME100 Scientist as Advisor
Funding round and NEDO Deep Tech Startup Support Program selection will support development and clinical adoption of DIOS‑101, an iPS cell‑derived co‑culture designed to reduce the burden of IVF treatment. TOKYO, June 16, 2026 /PRNewswire/ -- Dioseve Inc. ("Dioseve"), a Tokyo-based fertility bio...
Yum China to Acquire Ownership of the Pizza Hut Brand in Mainland China
SHANGHAI, June 16, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Brands, Inc. ("Yum! Brands") (NYSE: YUM) to acquire ownership of the Pizza Hut brand in Mainland Ch...
SU Group Announces Distribution Agreement with Germany's GEZE, Expanding Smart Building and Safety Technology Portfolio
Agreement adds Globally Recognized Door, Window and Safety Technology Solutions to SU Group's Integrated Security-Related Engineering Platform HONG KONG, June 16, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineerin...
Galaxy Data Center Secures US$250 Million in an Initial Strategic Financing Round to Build Next-Generation Green Compute Infrastructure in Southeast Asia
SINGAPORE, June 16, 2026 /PRNewswire/ -- Galaxy Data Center ("Galaxy DC") today announced that it has secured US$250 million in an initial strategic financing round from a renowned international investment institution. The proceeds support the company's data center platform development in Southea...
BIFOX ENTERS INTO AGREEMENTS TO ACQUIRE THE 550 MILLION TONNE[1] BAYOVAR 9 PHOSPHATE ROCK PROJECT IN PERU POSITIONING BIFOX TO BECOME ONE OF THE LEADING GLOBAL PHOSPHATE ROCK SUPPLIERS
SYDNEY, June 15, 2026 /PRNewswire/ -- Bifox Limited ("Bifox") is pleased to advise it has entered into two agreements with Fossal S.A.A ("Fossal"), to purchase all of the shares of Fosfatos del Pacífico S.A. ("Fospac"). Under the agreements, Bifox has paid US$10 million cash for 16.667% of the ou...
![BIFOX ENTERS INTO AGREEMENTS TO ACQUIRE THE 550 MILLION TONNE[1] BAYOVAR 9 PHOSPHATE ROCK PROJECT IN PERU POSITIONING BIFOX TO BECOME ONE OF THE LEADING GLOBAL PHOSPHATE ROCK SUPPLIERS](https://mma.prnasia.com/media2/2996544/image1.jpg?p=medium600)
BIFOX ENTERS INTO AGREEMENTS TO ACQUIRE THE 550 MILLION TONNE[1] BAYOVAR 9 PHOSPHATE ROCK PROJECT IN PERU POSITIONING BIFOX TO BECOME ONE OF THE LEADING GLOBAL PHOSPHATE ROCK SUPPLIERS
BIFOX ANNOUNCES US$60 MILLION PRE-IPO CAPITAL RAISE MORGAN STANLEY APPOINTED AS FINANCIAL ADVISOR TO EVALUATE FUNDING ALTERNATIVES SYDNEY, June 16, 2026 /PRNewswire/ -- Bifox Limited ("Bifox") is pleased to advise it has entered into two agreements with Fossal S.A.A ("Fossal"), to purchase all o...
![BIFOX ENTERS INTO AGREEMENTS TO ACQUIRE THE 550 MILLION TONNE[1] BAYOVAR 9 PHOSPHATE ROCK PROJECT IN PERU POSITIONING BIFOX TO BECOME ONE OF THE LEADING GLOBAL PHOSPHATE ROCK SUPPLIERS](https://mma.prnasia.com/media2/2996541/image1.jpg?p=medium600)
Bull Moose Tube Company Set to Acquire Hanna Steel Corporation
Transaction expands Bull Moose Tube's manufacturing footprint and strengthens
its ability to serve customers across key end markets
CHESTERFIELD, Mo., June 16, 2026 /PRNewswire/ -- Bull Moose Tube Company
PAVS Announces Pricing of a $10 Million Registered Direct Offering of Class A Ordinary Shares and Pre-Funded Warrants
NEW YORK, June 15, 2026 /PRNewswire/ -- PAVS (NASDAQ:PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a definitive agreement with certain institutional investors for a registered direct offering of an aggregate of 50,000,0...
Action Energy Company Secures KWD 40.9 Million in Credit Facilities to Support Contracted Rig Expansion
KUWAIT CITY, June 15, 2026 /PRNewswire/ -- Action Energy Company K.S.C.P. (Bloomberg: ALFTAQA KK, Reuters: ALFTAQA.KW), Kuwait's leading local partner for integrated upstream services and owner and operator of one of the youngest rig fleets in the region, announced on May 16 that it has secured a...
Harbour BioMed and BioMap Jointly Initiate MegaStream TechBio: A Leading Global Drug Development Platform Joins Forces with Premier Life Science Foundation Models to Set New Benchmarks for AI-Driven Complex Biologics R&D
CAMBRIDGE, Mass., ROTTERDAM, Netherlands and SHANGHAI, June 15, 2026 /PRNewswire/ -- Harbour BioMed (HKEX: 02142.HK), a global biopharmaceutical company committed to the discovery and development of novel antibody therapeutics in immunology, oncology and other disease areas, and BioMap, a global...
Relativity Acquires Gavel to Extend its AI Platform for Legal Data Intelligence into Microsoft Word
News Summary: * Relativity has acquired Gavel, an AI-native legal technology company whose solutions are used by thousands of legal professionals to draft, review and automate legal work product. * With the integration of Gavel, work product created in RelativityOne and Relativity aiR could ...
Australian tech firm Fresho makes major UK acquisition to become market-leading food wholesale platform
MELBOURNE, Australia, June 11, 2026 /PRNewswire/ -- Fresho, the global order management platform for fresh food wholesalers, has acquired Nation Wilcox, a leading provider of ERP software to food suppliers across the UK. Founded in Melbourne in 2015, Fresho has grown from an Australian startup i...
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