Investment & Financing
Accropeutics Secured $12 Million in Series B Plus Financing
* Approximately $12 million additional financing led by Shenzhen Capital Group (SCGC), with participation from existing investor Morningside Ventures, and new investors Leader Venture Investment (SZTI) and Hefei Sci-Tec Venture Capital (HFST). * Cash runway extended into the second half of 20...
Insilico Medicine Secures $110 Million Series E Financing to Advance AI-Driven Drug Discovery Innovation
CAMBRIDGE, Mass., March 13, 2025 /PRNewswire/ -- Insilico Medicine("Insilico"), a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, announced today that it has successfully secured a$110 million Series E financing led by a private equity fund of Value Partners ...
Witnessed by the Minister of Finance, PT SMI Signs 3 Multisector Financing Facilities Worth IDR 735.7 billion
JAKARTA, Indonesia, March 13, 2025 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) (PT SMI) is taking concrete steps to transform into a Development Finance Institution (DFI) to play a more active role in supporting national development. As a DFI that focuses more on creating a greater s...
PSP Investments joins CPP Investments and Ferrovial in 407 ETR ownership group
Transaction Highlights: * PSP Investments to acquire significant minority stake of 7.51% in 407 ETR from CPP Investments * CPP Investments and Ferrovial to concurrently enter into agreements to acquire an aggregate 6.76% stake in 407 ETR from AtkinsRéalis * Transactions position 407 ETR for...
Mega Matrix Inc. and 9 Yards Cinema Production established JV ahead of $100M 'Short Drama Investment Fund' launch
SINGAPORE, March 13, 2025 /PRNewswire/ -- At a grand signing ceremony earlier this week, Mega Matrix Inc. (NYSE American: MPU) and 9Yards Cinema Production (9Yards) announced the signing of a joint venture (JV) that will see the establishment of aUSD100 million investment fund dedicated to the pr...
Correction: Hanwha Asset Management - Not Hanwha Aerospace - Invests in Shield AI's $240M F-1 Round
WASHINGTON, March 13, 2025 /PRNewswire/ -- Shield AI is issuing a correction to its previously released announcement, "Shield AI raises$240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform." The original release incorrectly identified Hanwha Aerospace as...
Junee Limited Announces the Acquisition of a 51% Stake in MindEnergy, a Provider of AI Server Design and Software Solutions, Aiming to Accelerate the Development of AI Training and Inference Servers and Enhance AI Computing Capabilities Using Advanced Open-Source AI Models Such as DeepSeek R1 and Meta Llama 3
SINGAPORE, March 12, 2025 /PRNewswire/ -- Junee Limited (hereinafter referred to as "the Company") today announced that it has reached an agreement to acquire a 51% stake in MindEnergy AI Technology Pte. Ltd. ("MindEnergy"). This investment will further enhance the Company's AI computing capabili...
Junee Limited Announces the Acquisition of a 51% Stake in MindEnergy, a Provider of AI Server Design and Software Solutions, Aiming to Accelerate the Development of AI Training and Inference Servers and Enhance AI Computing Capabilities Using Advanced Open-Source AI Models Such as DeepSeek R1 and Meta Llama 3
SINGAPORE, March 12, 2025 /PRNewswire/ -- Junee Limited (hereinafter referred to as "the Company") today announced that it has reached an agreement to acquire a 51% stake in MindEnergy AI Technology Pte. Ltd. ("MindEnergy"). This investment will further enhance the Company's AI computing capabili...
Pierre Fabre Laboratories and RedRidge Bio Announce a Drug Discovery and Co-development Partnership
CASTRES, France, CAMBRIDGE, Massachusetts and BASEL, Switzerland, March 12, 2025 /PRNewswire/ -- Pierre Fabre Laboratories and RedRidge Bio ("RedRidge") today announced an exclusive R&D collaboration and license agreement to identify and develop biparatopic antibody (BPA) drug candidates against ...
Stagwell (STGW) Accelerates APAC Growth with ADK GLOBAL Acquisition and Leadership Summit in Bangkok
BANGKOK, March 12, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger
network built to transform marketing, hosted anAsia-Pacific (APAC) leadership
summit inBangkok building on the network's momentum of driving growth in the
region and acquisition of ADK GLOBAL in early 2025.
Abu Dhabi to introduce the world's largest drone light show, elevating cultural and technological storytelling
Khaled bin Mohamed bin Zayed witnesses signing of strategic partnership agreement between Department of Culture and Tourism –Abu Dhabi, Nova Sky Stories and Analog Multi-year partnership reinforces Abu Dhabi's leading position in immersive storytelling and entertainment innovation ABU DHABI, UA...
High-Trend International Group Announces the Completion of a $4,452,999 Private Placement of Ordinary Shares to Its Co-Founder, Mr. Dong Zhang At a Price of $2.62 Per Share with a Three-year Lock-up
SINGAPORE, March 11, 2025 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) (the "Company"), an international shipping company, today announced that Mr.Dong Zhang, a co-founder of the Company, has reaffirmed his commitment to the Company's long-term growth through a substantial equity...
Phoenix Aviation Capital, AIP Capital and LuminArx Announce Acquisition of Three Airbus A330-300 Aircraft
Acquired aircraft are currently on lease to China Airlines and EVA Air DUBLIN and STAMFORD, Conn. and NEW YORK, March 10, 2025 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, AIP Capital, an alternative investment manager focused on opportunities in asset-ba...
SPRIM Global Investments and OneIM Announce $300mn Joint Venture to Accelerate Clinical Trial Financing
SINGAPORE and NEW YORK, March 10, 2025 /PRNewswire/ -- SPRIM Global Investments ("SGI"), a global investment firm specializing in clinical-stage life sciences and pharma services based inSingapore, and One Investment Management ("OneIM"), a global alternative investment management firm, today ann...
NUS-spinoff technology AutoCodeRover acquired by Sonar, accelerating AI-driven software development
SINGAPORE, March 10, 2025 /PRNewswire/ -- AutoCodeRover, an autonomous AI agent platform for software development which is a spin-off technology of theNational University of Singapore (NUS), has been acquired by Sonar, a global leader in code quality and code security solutions. This innovative t...
BEST Inc. Announces Completion of Going Private Transaction
HANGZHOU, China, March 7, 2025 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced the completion of its merger (the "Merger") with Phoenix Global Partners, ...
Arcadium Lithium Announces Effective Date of Make-Whole Fundamental Change for Convertible Senior Notes
PHILADELPHIA and PERTH, Australia, March 6, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, announced that the previously announced acquisition by Rio Tinto has been completed. The completion of the acquisition con...
Phoenix Aviation Capital Acquires One Airbus A321neo Aircraft on Lease with IndiGo
DUBLIN and STAMFORD, Conn., March 6, 2025 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital, an alternative investment manager focused on opportunities in asset-based finance, today announced the acquisition of one Airbus A321neo aircraft on lo...
Elisa Oyj: Elisa's International Digital Services are now Elisa Industriq
Elisa Industriq unites its international software services under one brand and its financial results will be reported in their own segment in Elisa's financial reporting HELSINKI, March 6, 2025 /PRNewswire/ -- Today marks a significant milestone in Elisa's international software services, as all...
Newly-formed Archerfish Precision Diagnostics Pte Ltd: Ushers a New Era in Advanced Diagnostics
SINGAPORE, March 6, 2025 /PRNewswire/ -- In a significant development for the clinical diagnostics landscape inSingapore, Angsana Molecular & Diagnostics Laboratory (Angsana) and Pathnova Laboratories (Pathnova) have announced their merger to formArcherfish Precision Diagnostics Private Limited (...
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