Investment & Financing
Autonomous Transportation-As-A-Service Startup CODE42 Raises USD 25 Million in Pre-A Funding
SEOUL, South Korea, Oct. 30, 2019 /PRNewswire/ -- CODE42, an autonomous transportation-as-a-service startup established last March, announced today that it raisedUSD 25 million (KRW 30 billion) in Pre-A funding, with investment by major Korean conglomerates Kia Motors, SK, LG, and CJ. CODE42 prev...
ATC Drivetrain Continues to Expand Global Presence by Establishing Joint Venture in China
OKLAHOMA CITY, Oct. 30, 2019 /PRNewswire/ -- ATC Drivetrain ("ATC"), a leading independent global remanufacturer of automotive drivetrain components, announced today that it has launched a joint venture with Luwote (Zhangjiagang) Power Remanufacturing Technology Co., Ltd. ("Luwote") in Zhangjiaga...
Jungle Ventures Raises $240 Million for Southeast Asia Tech Category Leaders
More Than Double Amount Raised for Previous Fund Nearly 60% of Capital Came from Outside Asia SINGAPORE, Oct. 30, 2019 /PRNewswire/ -- Jungle Ventures, one of Southeast Asia's largest early stage venture capital firms, today announced that it closed its third fund, Jungle Ventures III. The firm ...
Global Lending Automation Platform Trade Ledger Announces £1.5M Funding Round Led by Hambro Perks
SYDNEY, Oct. 29, 2019 /PRNewswire/ -- Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate reve...
Xpress Money Expands Operations in China With Geoswift
DUBAI, UAE, Oct. 29, 2019 /PRNewswire/ -- Xpress Money
Getac announces a partnership with pureLiFi to bring ruggedized LiFi devices to the market.
IRVINE, Calif., Oct. 29, 2019 /PRNewswire/ -- Getac, a leading manufacturer of rugged tablets and PCs for military, manufacturing and automotive industries has announced that it is working with the world's leading LiFi technology provider pureLiFi to evaluate the technology for design into future...
CEM Corporation acquires key assets of Intavis Bioanalytical Instruments
MATTHEWS, North Carolina, Oct. 29, 2019 /PRNewswire/ -- CEM Corporation today announced that it has entered into a definitive agreement to purchase the instrumentation lines of Intavis Bioanalytical Instruments AG, with headquarters inCologne, Germany. The acquisition allows CEM to strengthen its...
Tottenham Acquisition I Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, Oct. 29, 2019 /PRNewswire/ -- Tottenham Acquisition I Limited (NASDAQ: TOTAU, the "Company"), a special purpose acquisition company, announced today that Norwich Investment Limited, the Company's initial public offering sponsor ("Norwich"), has deposited into the Company's trust account...
Origin Agritech Updates the Progress of Biotech Commercialization Joint Venture with BC-TID
BEIJING, Oct. 29, 2019 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology and rural e-commerce company, updates the progress of Biotech Commercialization joint venture with Beijing Changping Technology Innodevelop Group (BC-TID). OnJune 5, 2...
Mobikon Raises US$ 12.5 Mn Series B Round led by Binny Bansal
SINGAPORE, Oct. 29, 2019 /PRNewswire/ -- A Company which started as a customer engagement platform for the restaurants, is now transforming into a 360 degree Data Exchange platform for the F&B eco-system. With over 6 years of experience in this ever evolving vertical, Mobikon is operating in 5 co...
Emotibot Technologies raised $45 million in a series B+ round, launched AI Contact Center with full-duplex voice conversational AI
SHANGHAI, Oct. 28, 2019 /PRNewswire/ -- Recently, Emotibot announced the completion of the$45 million series B+ financing on its four-year establishment. This round was co-led byan important strategic partner and V FUND and Lingfeng Capital, followed by Keywise Capital, Zhong An Asset Management...
Bahrain to Fast-track Setup Process for Global Startups
LISBON, Portugal, Oct. 29, 2019 /PRNewswire/ -- The Bahrain Economic Development Board (EDB) – the investment promotion agency for the Kingdom of Bahrain in partnership with Web Summit - announced today a fast-track setup process for startups globally looking to take advantage of the business env...
Aimbridge Hospitality and Interstate Hotels & Resorts Complete Merger Today
Transaction Creates Global Leader in Third-Party Hotel Management DALLAS and ARLINGTON, Virginia, Oct. 26, 2019 /PRNewswire/ -- Aimbridge Hospitality ("Aimbridge"), North America's largest independent hotel management firm, announces that it has completed its merger withInterstate Hotels & Resort...
Cobalt 27 and Pala Investments Announce Completion of Arrangement
TORONTO, Oct. 26, 2019 /PRNewswire/ -- Cobalt 27 Capital Corp. (TSXV: KBLT) (" Cobalt 27" or the "Company") and Pala Investments Limited ("Pala") are pleased to announce the completion of the previously-announced plan of arrangement under theBusiness Corporations Act (British Columbia) ("Arrangeme...
Texas A&M University Takes A 12.5% Equity Stake in Volition Veterinary Diagnostics Development LLC
AUSTIN, Texas, Oct. 25, 2019 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition") announced today that it (through its subsidiaries) has executed binding agreements contemplated by the previously announced Memorandum of Understanding withTexas A&M University ("Texas A&M"), a memb...
Wellington Drive Technologies Funding Update
AUCKLAND, Oct. 25, 2019 /PRNewswire/ -- Wellington Drive Technologies Limited ( Wellington), a leading provider of Internet of Things (IoT) solutions and energy efficient motors to the retail food and beverage industry, today announced its intention to raise approximately$5.3m of new capital throu...
Falcon.io acquires Unmetric, creating one of the most complete, unified Social Media Management Solutions in the market
CHICAGO, Oct. 25, 2019 /PRNewswire/ -- Cision (NYSE: CISN) today announced that Falcon.io, its social media management division, has acquired Unmetric, a leader in delivering insights from social benchmarking, audience engagement, and content performance. Unmetric delivers public data from leadi...
Cobalt 27 Provides Updates on the Closing of the Plan of Arrangement with Pala Investments, the creation of Conic Metals and Developments related to the Ramu Mine
TSX Venture: KBLT OTCQX: CBLLF FRA: 27O TORONTO, Oct. 25, 2019 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(OTCQX: CBLLF)(FRA: 27O) is pleased to announce that it expects the completion of the previously-announced plan of arrangement under theBusiness ...
Registration opens for SPIE Photonics West 2020
BELLINGHAM, Washington and CARDIFF, Wales, Oct. 25, 2019 /PRNewswire/ -- In February 2020, SPIE Photonics West, the largest annual international conference in optics and photonics, will host researchers, innovators, and business leaders from across the globe atSan Francisco's Moscone Center. <...
NDB Board of Directors Approves Two Projects with Loans Aggregating to USD 800 mln
SHANGHAI, Oct. 24, 2019 /PRNewswire/ -- On October 14, 2019, the Board of Directors of the New Development Bank (NDB) approved two projects worthUSD 800 million, bringing the Bank's portfolio to 44 projects with loans aggregating to USD 12.4 billion. The following projects were approved: Fundo ...
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