Investment & Financing

Caldwell and IQTalent Partners Merge to Create Technology-Powered Talent Acquisition Firm

2020-12-23 11:22 1190

-Combined teams will leverage expertise, advanced artificial intelligence to specialize in all levels of professional recruitment- TORONTO and NASHVILLE, Tenn., Dec. 23, 2020 /PRNewswire/ -- Retained executive search firm Caldwell (TSX: CWL) has signed a definitive agreement to acquire IQTalent ...

Ed-Tech Cakap to Start Strong in 2021 After Raising US$3 Million in Series A+ Funding

2020-12-23 11:01 2072

JAKARTA, Indonesia , Dec. 23, 2020 /PRNewswire/ -- Cakap, the leading online language learning platform inIndonesia, today announced its successful US$3 million Series A+ raise. The round was led by Heritas Capital with participation from Strategic Year Holdings and other prominent Investors. ...

Transcenta Closes $105 Million in Crossover Financing

2020-12-23 08:00 2808

HONG KONG and SUZHOU, China, and HANGZHOU, China, Dec. 23, 2020 /PRNewswire/ -- Transcenta Holding Limited ("Transcenta"), a global biotherapeutics company with fully-integrated capabilities in discovery, development and manufacturing of antibody-based therapeutics, announces today the complet...

ClassIn raises $265 million in Series C funding, led by Hillhouse Ventures

2020-12-22 22:15 1064

BEIJING, Dec. 22, 2020 /PRNewswire/ -- Global EdTech giant ClassIn, creator of online interactive classroom ClassIn, has announced its Series C funding of$265 million. ClassIn screenshot The new round of financing, led by Hillhouse Ventures, follo...

111, Inc. Announces Additional Round of New Capital Injection

2020-12-22 17:22 10683

SHANGHAI, Dec. 22, 2020 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading digital healthcare platform company committed to digitally connecting patients with medicine and healthcare services inChina, today announced the successful completion of new capital injection in it...

PERFUMARIE Forms Joint Venture With INFRA-APPAREL GROUPE To Bring Its Luxury Beauty Portfolio Into Asia

2020-12-22 16:55 1461

NEW YORK and SHANGHAI, Dec. 22, 2020 /PRNewswire/ -- INFRA-APPAREL GROUPE LIMITED ("INFRA"), a consumer-centric boutique brand house at the cynosure of aspirational luxury innovation, and PERFUMARIE INC. ("Perfumarie"), a brand incubator for sensory companies from around the world, today announce...

Leapstack has completed tens of millions of yuan in B plus round fundraising, expending intelligent risk control territory

2020-12-22 15:50 1801

SHANGHAI, Dec. 22, 2020 /PRNewswire/ -- Leapstack, an insur-tech company, has recently announcedtens of millions of yuan B plus round fundraising, leading by Huazhi Capital, a venture capitalist affiliated toAllinpay Network Services, and following by GF Securities Investment. In the past few ye...

Gojek invests in Bank Jago to accelerate financial inclusion in Indonesia

2020-12-22 13:54 1464

JAKARTA, Indonesia, Dec. 22, 2020 /PRNewswire/ -- Gojek, Southeast Asia's leading mobile on-demand services and payments platform, has invested in Bank Jago, anIndonesia-listed technology-based bank, as part of a strategic partnership that will accelerate financial inclusion inIndonesia.

Dubber Acquires Leading UK Mobile Recording Company Speik

2020-12-22 11:20 6975

MELBOURNE, Australia, Dec. 22, 2020 A$38 million performance-based acquisition payable in two parts accelerates Dubber's revenue growth, increases consolidated bottom line and broadens Dubber compliance offerings Key highlights: * Speik supports O2's mobile recording service: Increases Dubber'...

Risen Obtains Project Financing from DEG

2020-12-22 10:00 1049

NINGBO, China, Dec. 22, 2020 /PRNewswire/ -- Lately, Risen has successfully finished all the CPs to the first disbursement and successfully reached the financial close of the Project Financing of the 73MWp solar project inCambodia, Risen Energy has signed a$45 million long-term Debt Financing wit...

Raven Advisory Purchases Gryphon Group

2020-12-22 04:45 1104

FAYETTEVILLE, North Carolina, Dec. 22, 2020 /PRNewswire/ -- Raven Advisory LLC, today noted the announcement of purchasing Gryphon Group LLC, located inMaxton, North Carolina, adjacent the Laurinburg/Maxton Airport. Major General (Retired) Ed Reeder, and board member had this to say: "With the mo...

Aramco to bring Google Cloud Services to Saudi Arabia

2020-12-22 03:37 1327

- Saudi Arabia Cloud region added to Google Cloud Platform global network - Agreement between Saudi Aramco Development Company, a subsidiary of Aramco, and Google Cloud paves way for rollout of high-performance, low-latency cloud services - Opportunity taps into rapidly expanding cloud services ...

A Chinese Millennial Pet Lifestyle Brand Closed Series B Financing by ClearVue Partners

2020-12-21 22:53 779

SHANGHAI, Dec. 21, 2020 /PRNewswire/ -- ClearVue Partners ("ClearVue"), a consumer sector focused private equity fund, announced that it has successfully completed a$20M Series B Financing for VETRESKA as the lead investor. The financing will accelerate VETRESKA'sgrowth and boost both brand build...

Servier to Acquire Agios Pharmaceuticals' Oncology Business

2020-12-21 22:26 1170

- Transaction includes commercial, clinical and research-stage oncology portfolio and employees for up to$2 billion plus royalties - Includes Agios' marketed medicine TIBSOVO® and a strong oncology pipeline of Phase 3 and early-stage assets - Acquisition in-line with Servier's strategic ambition...

VeChain Foundation Announces Partnership With the Royal Melbourne Institute of Technology (RMIT) Blockchain Innovation Hub, Accelerating Blockchain Governance Research

2020-12-21 22:00 1709

SINGAPORE, Dec. 21, 2020 /PRNewswire/ -- Since its initial launch in January 2018, VeChain's global innovative research grant program, VeResearch, has been one of the major driving forces behind our blockchain-related technological progress, cooperating and co-developing solutions with leading gl...

AIT Worldwide Logistics Acquires European-Based Fiege Forwarding from the FIEGE Group

2020-12-21 21:56 1250

Fiege Forwarding's subject matter experts join AIT teammates to provide harmonized supply chain services by leveraging a widespread global network acrossAsia, Europe and North America ITASCA, Ill., Dec. 21, 2020 /PRNewswire/ -- Global supply chain solutions leader AIT Worldwide Logistics entered...

WuXi Biologics to Acquire Drug Substance Facility in Wuppertal, Germany from Bayer

2020-12-21 21:02 589

* The DS facility (MFG19) with 3x1000L perfusion and 6x2000L fed-batch capacity for vaccines and biologics is expected to be GMP ready in late 2021 * Complements WuXi Biologics' existing DP capacity in Germany * Capacity expansion allows WuXi Biologics to meet growing client demand worldwide...

Longevity Acquisition Corporation Announces 4D pharma Joining Landmark Parkinson's Progression Markers Initiative

2020-12-21 21:00 10009

NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Longevity Acquisition Corporation (NASDAQ: LOAC) (the "Company"), a publicly-traded special purpose acquisition company, announced today that onDecember 18, 2020, 4D pharma plc (AIM: DDDD) ("4D pharma"), a pharmaceutical company leading the development of L...

Lion Announces Entry into Share Subscription Agreement in Connection with Private Placement of Common Shares

2020-12-21 20:30 4318

HONG KONG, Dec. 21, 2020 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), an operator of an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors, today announced it has successfully executed a binding f...

AInnovation Completes Series C Financing Led by CICC ALPHA and Enters Unicorn Club

2020-12-21 10:43 748

BEIJING, Dec. 20, 2020 /PRNewswire/ -- AInnovation recently completed Series C financing, entering the unicorn club. This financing round was led by CICC ALPHA, followed by Guohe Capital and Riverhead Capital. The previous shareholder Huaxing Growth Capital also continued to increase its position...

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