Investment & Financing

Kasisto Announces $15M Round Led by Rho Capital Partners

2019-09-03 20:00 150

NEW YORK, Sept. 3, 2019 /PRNewswire/ -- Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, today announced a$15 million Series B extension funding round led by new investor Rho Capital Partners with participation from current investors, Oak HC/F...

Strekin AG Secures Financing to Complete Development of STR001 in Sudden Sensorineural Hearing Loss and to Prepare NDA Filing in Europe

2019-09-03 14:00 452

BASEL, Switzerland, Sept. 3, 2019 /PRNewswire/ -- Strekin AG (www.strekin.com ), a clinical stage biopharmaceutical company, announced today that it has successfully closed a Series A financing round totalingCHF 2.82 Million from private investors. These funds will enable ...

BEGO expands in China by partnering with CareCapital

2019-09-02 09:26 595

BREMEN, Germany and HONG KONG, Sept. 2, 2019 /PRNewswire/ -- To better serve clinicians in the fast-growing Chinese dental implant market, BEGO Implant Systems GMBH & CO. KG ("BIS") has signed a strategic partnership agreement covering theChina market with an affiliate of CareCapital Dental Holdi...

Tanla Solutions to Acquire Leading Big Data and AI Based Marketing Automation Platform Gamooga

2019-08-31 07:00 588

With Gamooga, Tanla Solutions forays into fast-growing Marketing Automation industry HYDERABAD, India, Aug. 31, 2019 /PRNewswire/ -- Key Highlights * Tanla Solutions Limited today signed a definitive share purchase agreement to acquire 100% of Gamooga at an enterprise value ofRs.48.5 Crore. ...

Syntellix Asia and Chunli Agree Far-reaching Co-operation to Introduce and Market Innovative "Quantum Leap in Implantology" MAGNEZIX® Medtech Devices in China

2019-08-30 22:28 214

- Milestone contract signed between leading Chinese orthopaedic medtech supplier andSingapore based Asian subsidiary and hub of German world-market and technology leader in the area of bioabsorbable metallic implants for use in orthopaedic and trauma surgery - Contract volume of more than 100 mi...

KT Expands VR Business Abroad with Malaysia Theme Park

2019-08-30 13:26 606

SEOUL, South Korea, Aug. 30, 2019 /PRNewswire/ -- KT Corporation (KRX: 030200; NYSE: KT),South Korea's largest telecommunications company, is expanding its virtual reality (VR) business abroad as it pioneers future markets with the world's first 5G network and other innovative technologies.

KT Expands VR Business Abroad with Malaysia Theme Park

2019-08-30 13:15 427

SEOUL, South Korea, Aug. 30, 2019 /PRNewswire/ -- KT Corporation (KRX: 030200; NYSE: KT),South Korea's largest telecommunications company, is expanding its virtual reality (VR) business abroad as it pioneers future markets with the world's first 5G network and other innovative technologies.

Singapore Start-up LUXIEE Secures Seed Funding to Accelerate World's First Online Diamond Marketplace

2019-08-30 09:50 296

SINGAPORE, Aug. 30, 2019 /PRNewswire/ -- Singapore online diamond marketplace, LUXIEE, has raised a six-figure investment in private seed funding. The team secured financier Kewee Kho, also vice-chairman of Roadbull Logistics and independent director of Courts Asia, as the leading investor for th...

ThroughPut.ai awarded Top Disruptive Startup at Stanford

2019-08-30 02:58 156

STANFORD, California, Aug. 30, 2019 /PRNewswire/ -- ThroughPut.ai, the global leader in data-driven operations software utilizing Artificial Intelligence to remedy industrial bottlenecks, was recognized as a Top Disruptive Startup at Stanford. The event is the largest summer expo at Stanford Univ...

BabyTree announces strategic investment in three companies, accelerating its global expansion

2019-08-29 21:52 385

BEIJING, Aug. 29, 2019 /PRNewswire/ -- BabyTree recently announced the latest progress of its strategic investments: completion of strategic investment into Zoetic, a US-based brand renowned for AI companion robots with social features for children, Parent Lab, an online parenting content provide...

Sunpower secures RMB65.5 million M&S contracts from PSS Netherlands

2019-08-29 21:47 317

SINGAPORE, Aug. 29, 2019 /PRNewswire/ -- Mainboard-listed Sunpower Group Ltd. ("Sunpower" or the "Group") (SGX: 5GD.SI), an environmental protection solutions specialist with a strong focus on expanding into anti-pollution investment projects ("Green Investments" or "GI") that generate long-ter...

Ajinomoto Bio-Pharma Services Acquires Remaining Interest in Granules OmniChem Joint Venture in India

2019-08-29 20:04 202

WETTEREN, Belgium, Aug. 29, 2019 /PRNewswire/ -- Ajinomoto Bio-Pharma Services ("Aji Bio-Pharma"), a leading provider of biopharmaceutical contract development and manufacturing services, announced today its intention to purchase the remaining 50 percent ownership interest in its Visakhapatnam,In...

BabyTree announces strategic investment in three companies, accelerating its global expansion

2019-08-29 20:00 330

BEIJING, Aug. 29, 2019 /PRNewswire/ -- BabyTree recently announced the latest progress of its strategic investments: completion of strategic investment into Zoetic, a US-based brand renowned for AI companion robots with social features for children, Parent Lab, an online parenting content provide...

Tradewind Announces Export Factoring Facility for Electronics Company in Hong Kong

2019-08-29 18:40 200

HONG KONG, Aug. 29, 2019 /PRNewswire/ -- Tradewind has closed a $2 million export factoring facility for an electronics company based inHong Kong that sells items such as smart watches, smart bands, and tablets to traders and retailers globally. The company is able to extend open account payment ...

Zenuity and CERN Team up on Fast Machine Learning for Autonomous Driving

2019-08-29 14:00 461

GOTHENBURG, Sweden, Aug. 29, 2019 /PRNewswire/ -- Zenuity, the autonomous driving software company headquartered inSweden, has become the first automotive company to team up with CERN, the European Organization for Nuclear Research, in the development of fast machine learning for autonomous drive...

Taiho Pharmaceutical Invests in New Venture Capital Fund

2019-08-29 13:00 309

TOKYO, Aug. 29, 2019 /PRNewswire/ -- Taiho Pharmaceutical Co., Ltd. (HQ: Tokyo, President and Representative Director:Masayuki Kobayashi) announced on August 29 that the company has entered into an agreement to invest up toUS$30 million in Remiges Biopharma Fund II, LP a biopharma venture capital...

Esco Ventures Announces the Launch of Carmine Therapeutics, a Company Pioneering Red Blood Cell (RBC)-Derived Extracellular Vesicle (EV)-Based Gene Therapies

2019-08-29 11:00 237

SINGAPORE, Aug. 29, 2019 /PRNewswire/ -- Esco Ventures is pleased to announce the launch of Carmine Therapeutics and execution of an exclusive license agreement for the technology developed in the laboratories of ProfessorsMinh Le and Jiahai Shi at the CityUniversity of Hong Kong. Carmine Therape...

GMS Grows Its Market Coverage in Nepal to 56% by Becoming Smart Telecom Nepal's Exclusive Partner, Providing Hubbing Services for A2P/P2P & P2A Messaging

2019-08-29 11:00 200

BAAR, Switzerland, Aug. 29, 2019 /PRNewswire/ -- Global Message Services  keeps expanding into the Nepali market, being proud to announce an exclusive partnership with Smart Telecom Nepal, which expands GMS' presence inSouth Asia. GMS has launched P2A, A2P, and P2P...

Luokung Technology Corp. Announces Agreement to Acquire 100% of eMapgo To Develop the First Spatial-temporal Full-vector and Non-tiled Map in China

2019-08-28 20:00 246

BEIJING, Aug. 28, 2019 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company inChina, today announced it has entered into an a...

LGT acquires leading Indian impact investor Aspada from Soros Economic Development

2019-08-28 14:12 274

VADUZ, Liechtenstei, Aug. 28, 2019 /PRNewswire/ -- LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, is acquiring Aspada, a leading India-focused impact investment fund, to expand its impact investing platform, LGT Lightstone. LGT acqui...

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