Investment & Financing
Turkey's Leading New Generation Payments Platform ininal Partners With Visa to Enable Greater Financial Inclusion for Customers
ISTANBUL, July 23, 2019 /PRNewswire/ -- ininal, the new generation payments platform, announced a new partnership with Visa, enabling the FinTech to issue prepaid Visa cards to its3 million customers. ininal customers will be able to use the new redesigned cards in stores and online at any of the...
Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian
BEIJING, July 23, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced that it has entered into a supplemental agreement (the "Supplemental Agreement") to the share purchase agreement (the...
Co-Living Operator Hmlet Secures HK$310 Million Series B Funding to Accelerate Growth Across APAC
SINGAPORE, July 23, 2019 /PRNewswire/ -- Hmlet
ConsoliAds announces launch of "Publisher Day" after recent closure of $1M investment deal
SINGAPORE, July 23, 2019 /PRNewswire/ -- ConsoliAds, an intelligent, digital advertisement optimization platform that recently closed a USD 1 Million Series A investment deal led by 47 Ventures Investments, a Pakistan focused, international venture capital fund, has announced 'Publisher Day'. <...
Cocoon Capital launches second $22m seed fund targeting enterprise tech founders who "dare to change"
- New fund to create thirty high-growth, enterprise tech startups in Southeast Asia - Partners to provide public, hands-on mentoring across major cities - Current portfolio includes rising stars within medtech, cleantech & fintech SINGAPORE, July 23, 2019 /PRNewswire/ -- Cocoon Capital, the lea...
OpenAI forms exclusive computing partnership with Microsoft to build new Azure AI supercomputing technologies
Multiyear partnership founded on shared values of trustworthiness and empowerment, and an investment of$1 billion from Microsoft, will focus on building a platform that OpenAI will use to create new AI technologies and deliver on the promise of artificial general intelligence SAN FRANCISCO and R...
Moiin, Inc Announces the Formation of a $100m Venture Capital VR Gaming Fund
SEOUL, South Korea, July 22, 2019 /PRNewswire/ -- Last week, Moiin Inc, a VR hardware working to build the world's first fully immersive world, announced that they would be forming a$100m VC fund, based in Silicon Valley, to aid in the growth of VR gaming globally. This announcement came during a...
Collinson makes further investments in airport scale-ups to deliver its vision for a redefined airport experience
LONDON, July 19, 2019 /PRNewswire/ -- Collinson
Celltrion and Nan Fung Group to establish Vcell Healthcare Limited to Develop and Commercialize Biosimilars in China
INCHEON, South Korea and HONG KONG, July 19, 2019 /PRNewswire/ -- Celltrion and Nan Fung Group announced today the establishment of Vcell Healthcare Limited, a Joint Venture company between both parties. At the formation of the Joint Venture, Vcell Healthcare Limited has simultaneously signed a ...
Venture Global Secures Binding Commitments of over $10 billion for its $5.8 billion Calcasieu Pass LNG Construction Financing
ARLINGTON, Virginia, July 19, 2019 /PRNewswire/ -- Venture Global LNG, Inc. is proud to announce that the company's$5.8 billion Calcasieu Pass LNG construction financing has received over$10 billion in binding commitments from Initial Coordinating Lead Arrangers. The transaction is nearly two tim...
Thomson Reuters Launches 'TR IGNITE' the Asia Pacific Technology Investment Programme, offering startups the opportunity to pitch for up to US $250,000
SINGAPORE, July 18, 2019 /PRNewswire/ -- Thomson Reuters announced the launch
of its technology investment programme,TR Ignite
Wavecell Acquired by 8x8, Enabling 8x8 to Enter Global Communications Platform-as-a-Service (CPaaS) Market and Add to Industry-Leading Cloud Communications Platform
SINGAPORE, July 18, 2019 /PRNewswire/ -- 8x8, Inc.
Gallop.ai merges with Japanese travel major Amnet
NEW YORK, July 17, 2019 /PRNewswire/ -- Gallop.ai, a next generation Deep Learning and Natural Language Processing travel technology company, announced that they are merging with Amnet, the 3rd largest US based travel management company servicing US &Japan. With their merger, the two companies w...
Fifth Wall Closes New $503 Million Fund, the Largest Real Estate Venture Capital Fund Raised to Date
LOS ANGELES, July 17, 2019 /PRNewswire/ -- Today, Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry (property technology or "proptech"), announced the close of its second real estate technology fund. The oversubscribed$503 million Fund II mor...
Icertis Cements Undisputed CLM Market Leadership with $115 Million Round
BELLEVUE, Washington, July 17, 2019 /PRNewswire/ -- Icertis, the leading provider of enterprise contract management in the cloud, today announced the closing of a$115 million Series E round. With this funding, Icertis becomes the first Contract Lifecycle Management (CLM) company in the world to b...
GHP Financial Group Acquire Vostok Project
LONDON, July 17, 2019 /PRNewswire/ -- Mark Garber's GHP Financial Group has become the sole owner of the Vostok project after previous owner,Alexander Ivanov, fully sold his stake in Vostok in order to focus on the development of his main project - the Waves Platform. The deal will enable GHP Gr...
Blue Planet acquires a sustainable solution to tackle Asia's growing e-waste problem
SINGAPORE, July 17, 2019 /PRNewswire/ -- Blue Planet Environmental Solutions Pte. Ltd. ("Blue Planet"), aSingapore headquartered integrated waste management company, announced today the strategic acquisition of British electronic waste (e-waste) technology company, Smart Creative Technologies Ltd...
Visa to invest in GOJEK and collaborate on enhancing digital payments across Southeast Asia
SINGAPORE, July 17, 2019 /PRNewswire/ -- Visa, the world's leading digital payments technology company has invested in GOJEK,Southeast Asia's leading mobile on-demand service and payments platform, as part of the latter's ongoing Series F fundraising round. The two companies will work together to...
Breville Group Acquires ChefSteps
SYDNEY, July 17, 2019 /PRNewswire/ -- Global kitchen appliance maker, Breville Group, today announces its acquisition ofSeattle-based food and technology company, ChefSteps. The acquisition brings together two companies with an aligned mission to help home cooks achieve perfect results, while of...
Delfino and China Unicom Beijing Sign Strategic Cooperation Agreement in Beijing
BEIJING, July 16, 2019 /PRNewswire/ -- On July 12, 2019, Delfino and China Unicom Beijing Branch held a strategic cooperation signing ceremony inBeijing. The chairman of Delfino signed a strategic cooperation agreement with the head of the Internet of China Unicom Beijing Branch, and jointly anno...
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