Investment & Financing
USHOPAL Group leads new investment round of Chinese high-end fragrance brand DOCUMENTS
SHANGHAI, China, Jan. 5, 2024 /PRNewswire/ -- On January 5, 2024, USHOPAL GROUP (hereinafter referred to as USHOPAL), a leading luxury beauty and retail group inChina, announced its lead investment in the new multi-million dollar round of financing of high-end Chinese fragrance brand, DOCUMENTS, ...
SanReno Therapeutics Announces Acquisition by Novartis in Pivotal Transaction to Bring Forward Transformative Therapeutics in Kidney Disease
* Novartis to acquire SanReno's product pipeline and capabilities, including the exclusive rights forGreater China and Singapore * Transaction reflects the Novartis commitment to the Chinese market and complements existing pipeline in renal diseases. SHANGHAI, Jan. 5, 2024 /PRNewswire/ -- San...
UniFAHS Raises USD 1.4 Million in Seed Funding to Scale Bacteriophage Technology for Sustainable Agriculture
BANGKOK, Jan. 5, 2024 /PRNewswire/ -- UniFAHS
XREAL Ships Industry-Leading 350,000 AR Glasses, Takes 51% of Worldwide AR Market in Q3 2023
Showing strong momentum and brand growth, XREAL secures a dominant position in the global AR device market as the world's best-selling wearable display brand, with annual profits continuing to rise LAS VEGAS, Jan. 4, 2024 /PRNewswire/ -- XREAL (formerly 'Nreal') today reinforced its mission to b...
Fresh2 Group Ltd. Announces Acquisition of Cross-Border Food E-Commerce Platform Youfood Group Inc.
NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Fresh2 Group Ltd. (NASDAQ: FRES) ("Fresh2" or "the Company"), a B2B e-commerce and supply chain management company within the restaurant and food industry, today announced that it has, through its subsidiary Fresh2 Technology Inc., signed a definitive Stock...
Arcadium Lithium Announces Completion of Merger of Equals between Allkem and Livent
Combination Creates a Leading Global Integrated Lithium Chemicals Producer Key Strengths * Leading global lithium chemicals producer with the resources, scale and expertise to meet growing customer and industry needs − reliably, safely and responsibly. * Premier lithium resources and manufac...
Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, Jan. 3, 2024 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the "Company"), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company's...
Khazanah Nasional Berhad and CGC Digital announce strategic investment in Funding Societies to broaden financing access to MSMEs
SINGAPORE, Jan. 3, 2024 /PRNewswire/ -- Khazanah Nasional Berhad ("Khazanah") and CGC Digital Sdn Bhd ("CGC Digital") announced an investment into the largest unified small and medium enterprise digital finance platform in Southeast Asia, Funding Societies | Modalku ("Funding Societies"), to broad...
Robin AI Raises $26 million as Legal Sector Embraces AI
Anthropic launch partner sees 5x revenue growth with Fortune 500 customers including Pepsico and Yum! Brands Investment will be used to accelerate US expansion, launch in Asia Pacific and hire more AI engineers LONDON and NEW YORK, Jan. 3, 2024 /PRNewswire/ -- As demand for generative AI in the ...
Biesterfeld and Celanese: global expansion and enhanced joint portfolio as of 2024
HAMBURG, Germany, Jan. 3, 2024 /PRNewswire/ -- International distributor Biesterfeld and leading technical plastics manufacturer Celanese are further expanding their collaboration in the new year. The partners have agreed to enhance their joint portfolio and to cooperate to develop new markets. ...
Major Efforts by China's Sanya CBD in Modern Financial Industry
SANYA, China, Dec. 29, 2023 /PRNewswire/ -- Recently, at the 3rd Sanya International Wealth Management Summit held at the Hainan Free Trade Port in China, the Sanya Central Business District - Financial Expansion and Opening-up Pilot Zone (the Modern Financial Industry Cluster) was officially unve...
Qiming Venture Partners' Portfolio Company UBTech Listed on Hong Kong Stock Exchange
* UBTech is the first humanoid robot company to go public on HKEx * Qiming is UBTech's early institutional investor, exclusively investing in its Series A round in 2015 * UBTech's listing is Qiming's eighth IPO in 2023 SHANGHAI, Dec. 29, 2023 /PRNewswire/ -- Qiming Venture Partners' portfoli...
XTransfer Joins the 54th Annual Meeting of the World Economic Forum in Jan 2024 as a Unicorn
HONG KONG, Dec. 28, 2023 /PRNewswire/ -- XTransfer, China's No.1 & World's Leading B2B Cross-Border Trade Payment Platform, is thrilled to announce that the Company will be attending "The 54th Annual Meeting of the World Economic Forum" inJanuary 2024 in Davos, Switzerland as part of the Unicorn ...
Helm.ai Announces DNN Foundation Models for Intent Prediction and Path Planning
Company Applies Deep Teaching to Build Scalable AI Approach for L2/L3 ADAS through L4 REDWOOD CITY, Calif., Dec. 28, 2023 /PRNewswire/ -- Helm.ai, provider of next-generation AI software for autonomous driving and automation of robotics, today announced DNN (Deep Neural Network)-based foundation...
EKA Mobility joins forces with Mitsui and VDL Groep to create a leading global OEM in India
* EKA, Mitsui & VDL Groep have entered a strategic long-term partnership, that will include joint investments, equity & technology cooperation * With a joint investment of over USD 100 million (~ INR 850 crores) in phases, the cooperation will positionIndia as the global manufacturing & sourc...
Hollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital Partners
* Company receives additional offers during "go-shop" period * None of the offers received constitutes or would reasonably be expected to result in a Superior Proposal BEIJING, Dec. 27, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") toda...
Panlin Capital Announces Second Closing for its Healthcare Venture Capital Fund; Has Raised a Total of RMB 1.5 Billion in the Last Two Years
SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- Recently, Panlin Capital announced that Hangzhou Panlin Xukang Fund, a venture capital fund focusing on innovative biopharmaceuticals, innovative medical device and biotechnology, has completed its second closing. This is the first fund that Panlin Capital ...
Femco Steel Technology Co., Ltd. to be Publicly Listed in the U.S. Through a Business Combination with Chenghe Acquisition I Co.
HONG KONG and TAIPEI, Dec. 22, 2023 /PRNewswire/ -- Chenghe Acquisition I Co. (Nasdaq: LATG) ("Chenghe" or "SPAC") and Femco Steel Technology Co., Ltd. (TWO: 6731) ("FST" or the "Company"), an innovative golf shaft manufacturer, today announced they have entered into a business combination agreem...
BPEA EQT Mid-Market Growth to acquire a majority stake in Indium Software, a fast-growing digital engineering company in India
* Indium enables enterprises on their digital transformation journey through a comprehensive suite of services, including Product Engineering, Data Analytics, ML and AI, Low-code No-code, Digital Assurance, and Gaming Tech * Indium's blue-chip customer base features multiple Fortune 500 enterp...
Kitchens@ Secures an Impressive $65 Million in C Series Funding from the Thriving Growth Investment Firm, Finnest
BANGALORE, India and LONDON, Dec. 22, 2023 /PRNewswire/ -- Kitchens@, a leading powerhouse in the dynamic cloud kitchen industry, is thrilled to announce the successful acquisition of$65 million in funding from Finnest, an emerging growth investment firm headquartered inLondon. Significantly, Swi...
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Durabook and Parent Company, Twinhead International Corp., Celebrate 40 Years of Innovation in Computing Solutions
