Investment & Financing
Hummingbird Bioscience Closes Extended Series A Financing To Advance Clinical Pipeline
SINGAPORE, July 10, 2019 /PRNewswire/ -- Hummingbird Bioscience, a Singapore founded biotech company focused on the discovery and development of novel antibody-based therapeutics, today announced the successful completion of an extended Series A financing round. The round was led by Heritas Capit...
India's Neo-banking Fintech Start-up, 'NiYO' Raises US$ 35 Mn in Series B Round led by Horizons Ventures & Tencent
BENGALURU, India, July 10, 2019 /PRNewswire/ -- Indian new-age digital banking start-up NiYO Solutions has raisedUS$ 35 million in Series B funding round from Horizons Ventures,Tencent and existing investor, JS Capital. NiYO is founded by banking veteranVinay Bagri and technology veteran Virend...
GameChange Solar Closes Financing with Citi to Fund Global Expansion
NEW YORK, July 9, 2019 /PRNewswire/ -- GameChange Solar today announced that it has closed an asset based working capital line of credit to fully fund its growth over the next several years in the US and overseas. The funding commitment was provided by Citi Commercial Banking. GameChange Solar ha...
IBM Closes Landmark Acquisition of Red Hat for $34 Billion; Defines Open, Hybrid Cloud Future
- Acquisition positions IBM as the leading hybrid cloud provider and accelerates IBM's high-value business model, extending Red Hat's open source innovation to a broader range of clients - IBM preserves Red Hat's independence and neutrality; Red Hat will strengthen its existing partnerships to...
Aquarion Group Forges Joint Venture in Asia by the Name of "H+E Darcarion Pte. Ltd."
ZURICH, July 9, 2019 /PRNewswire/ -- Aquarion Group
Smartkarma Announces Strategic Investment from SGX to Bolster Singapore's Research and Financing Ecosystem
SINGAPORE, July 9, 2019 /PRNewswire/ -- Smartkarma, the global investment research network, today announced it has received a strategic investment from Singapore Exchange (SGX). The investment marks the next step in ensuring a vibrant financial research ecosystem. It further underpinsSingapore's ...
Bright Scholar Accelerates Expansion of Overseas School Portfolio
FOSHAN, China, July 8, 2019 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), the largest operator of international and bilingual K-12 schools inChina*, today announced that it entered into an agreement to acquire all the equi...
Lactalis Group Acquires U.S. Yogurt Division of Ehrmann AG
BUFFALO, N.Y., July 8, 2019 /PRNewswire/ -- Lactalis Group has acquired Ehrmann Commonwealth Dairy, the U.S. yogurt business of Ehrmann AG, the Bavaria,Germany based dairy company. The acquisition was completed onJuly 5, 2019. Established in 2009, Ehrmann Commonwealth Dairy has two state-of-the-a...
Nordic XR-company Bublar Group Acquires Finnish Augmented Reality Pioneer Sayduck
STOCKHOLM, July 8, 2019 /PRNewswire/ -- Bublar Group (BUBL MTF), Scandinavia's leading listed company in AR/VR/XR technology, acquires the Finnish AR-company Sayduck, with offices inHelsinki and Vilnius. Sayduck enables e-commerce companies to develop their digital product portfolio into 3D and ...
Medeon Led and Completed Investments in Panther Orthopedics and Prodeon
TAIPEI, , July 8, 2019 /PRNewswire/ -- Medeon Biodesign, Inc. (TPEx: 6499), aTaiwan publicly traded medical device company, is pleased to announce that it recently led and closed two investments, in Panther Orthopedics and Prodeon. Panther Orthopedics is a Silicon Valley startup company pioneerin...
iMedX, Inc. Launches Industry Leading Analytics and Business Intelligence with Acquisition of Prevalent, Inc. and Axcension, Inc.
Combined Technology & Teams Will Provide Healthcare Clients Unparalleled Insight into Operations and Billing Functions Existing iMedX Solutions Will Utilize Precision Analytics to Further Increase Efficiency and Boost Cash Flow ATLANTA and KATY, Texas, July 8, 2019 /PRNewswire/ -- iMedX, Inc. (i...
Experian invests in Grab to improve access to financial products and services for consumers across Southeast Asia
SINGAPORE, July 5, 2019 /PRNewswire/ -- Experian, the world leader in information services, is investing in Grab, the leading everyday super app in Southeast Asia, as both companies seek to improve access to mobility-enabled solutions and financial services for underbanked consumers inSoutheast As...
Global Fintech Player PayU Expands its Operations to Southeast Asia and Acquires Majority Stake in Singapore-based Red Dot Payment
AMSTERDAM, July 5, 2019 /PRNewswire/ -- PayU
Ritase raised a further USD 8.5 Million to digitalize the trucking ecosystem
JAKARTA, Indonesia, July 4, 2019 /PRNewswire/ -- Businesses worldwide are
shifting their gears to the ASEAN market. This, coupled with the e-commerce
boom inSoutheast Asia, creates a need of a new era of digital logistics.
Tier IV Raises Over $100 Million in Series A Round
TOKYO, July 3, 2019 /PRNewswire/ -- Tier IV, Inc., the open-source self-driving startup based inJapan, today announced that it has raised over $100 million in total in a Series A funding round to facilitate commercialization of self-driving technology in (i) private areas, (ii) depopulated areas,...
ARAG Launches Operations in Australia
SYDNEY and DÜSSELDORF, Germany, July 3, 2019 /PRNewswire/ -- The ARAG Group partners with HDI Global Specialty SE – Australia and continues to pursue its international expansion. ARAG Services Australia Pty Ltd is a wholly owned subsidiary of the German ARAG Group and starting operations as an un...
Terra Drone invests in RoNik Inspectioneering to grow confined space inspection portfolio in the process industry
TOKYO, July 2, 2019 /PRNewswire/ -- Terra Drone Corporation, one of largest providers of industrial drone solutions in the world, is announcing the completion of its investment in RoNik Inspectioneering, a leading Dutch company that performs visual and ultrasonic inspections using wireless roboti...
Terra Drone invests in RoNik Inspectioneering to grow confined space inspection portfolio in the process industry
TOKYO, July 2, 2019 /PRNewswire/ -- Terra Drone Corporation, one of largest providers of industrial drone solutions in the world, is announcing the completion of its investment in RoNik Inspectioneering, a leading Dutch company that performs visual and ultrasonic inspections using wireless roboti...
Fosun Acquires Majority Interest in TENAX Capital Limited
LONDON, July 2, 2019 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International"), one of the world's leading family-focused multinational companies, announced today the acquisition of a majority shareholder interest in TENAX CAPITAL Limited ("TENAX"), a boutique a...
Net Gaming Makes UK Betting Acquisition
STOCKHOLM, July 2, 2019 /PRNewswire/ -- Net Gaming has acquired maxfreebets.co.uk, which together with bettingonline.co.uk will become the Group's betting flagship in the regulated UK betting market. Net Gaming is paying an initial purchase consideration of EUR 1.6 million, with a maximum additi...
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