Investment & Financing

Smart Protection closes €10M round to protect brands against online counterfeiting

2020-11-18 17:00 238

-- The investment round is co-led by the Dutch fund Knight Capital along with the Spanish-Israeli Swanlaab Venture Factory and the CDTI. -- Smart Protection is a Spanish company dedicated to the protection of brands against counterfeits and brand abuse online. -- With this new investment the com...

Blue Planet receives investment of US$10 million from Sysma Holdings

2020-11-18 12:30 476

SINGAPORE, Nov. 18,?2020 /PRNewswire/ -- Singapore-headquartered Blue Planet Environmental Solutions Pte Ltd (Blue Planet) announced today an investment of US$10 million from Sysma Holdings Limited, a Singapore-listed investment holdings company looking to tap into growing opportunities in the cir...

Future Capital Discovery Fund Closes US$187 Million Early-Stage Tech Fund

2020-11-18 09:30 702

HONG KONG, Nov. 18, 2020 /PRNewswire/ -- Leading early-stage venture capital firm Future Capital Discovery Fund ("Future Capital" or the "Firm")?announced the final closing of its fourth USD flagship fund, USD Fund IV (or the "Fund") withUS$187 million in committed capital. The Fund will conti...

ioneer Joins major US Industry Organisation Advocating for Zero Emission Transportation by 2030

2020-11-18 00:43 653

RENO, Nev. and SYDNEY, Nov. 18, 2020 /PRNewswire/ -- Highlights: * ioneer becomes founding member of new Zero Emission Transportation Association (ZETA) in the US. * ZETA is advocating for 100% electric vehicle (EV) sales throughout the light-, medium-, and heavy-duty sectors by 2030. * i...

Urban Tea Announces Entry into Definitive Agreement to Acquire Two Companies

2020-11-17 22:00 1524

CHANGSHA, China, Nov. 17, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, announced today that its wholly-owned subsidiary Hunan Ming Yun Tang Brand Management Co., Ltd. ("Ming Yun T...

Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round

2020-11-17 21:30 398

SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ -- MORAI, Inc., a member company of?Born2Global Centre?and?Sejong Technopark, has successfully secured US$1.8M in Series A funding round. The round includes investmentfrom Kakao Ventures and Korea Credit Guarantee Fund (KODIT) as well as from an exis...

Open-Source Company PingCAP Announces $270 Million Series D Funding

2020-11-17 14:30 364

SAN MATEO, Calif., Nov. 17, 2020 /PRNewswire/ --?PingCAP, the team behind TiDB, the industry-leading distributed SQL database, announced today the closing of $270 million in Series D funding. The funding was jointly led by GGV Capital, Access Technology Ventures, Anatole Investment, Jeneration Cap...

Nippon Shokubai Teams with LiveDo and Total Care System to Spread Used Disposable Diaper-recycling Systems

2020-11-17 14:00 411

OSAKA and FUKUOKA, Japan, Nov. 17, 2020 /PRNewswire/ --? ?- New Recycling Technology Developed for Superabsorbent Polymers - Nippon Shokubai Co., Ltd. (hereinafter "Nippon Shokubai"), LiveDo Corporation (hereinafter "LiveDo"), both headquartered inOsaka, Japan, and Total Care System Co., Ltd. (h...

Online Education Services (OES) Acquires Majority Stake in Construct

2020-11-17 07:05 713

The transaction will strengthen OES and Construct services and open up new markets? MELBOURNE, Australia and?SALT LAKE CITY, Nov. 17, 2020 /PRNewswire/ --?OES has expanded its operations in the US, UK, andSouth Africa through a majority stake investment inConstruct, a global leader in online lea...

Baidu to Acquire JOYY's Live Streaming Business in China

2020-11-17 05:17 2082

BEIJING, Nov. 16, 2020 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading search engine, knowledge and information centered Internet platform and AI company, today announced that the Company had entered into definitive agreements with JOYY Inc. ("JOYY"). Pursuant to ...

Foundations: Turning G20 stimulus packages into game changers for climate and biodiversity

2020-11-17 02:59 651

New study stresses the pivotal role of 'Nature-based Solutions' in addressing the crisis of biodiversity loss, climate change and global pandemics BEIJING, BERLIN, and WASHINGTON, Nov. 17, 2020 /PRNewswire/ -- In the run-up to the G20 summit inRiyadh, Kingdom of Saudi-Arabia, on November 21/22, a...

Covis Group Completes Acquisition of AMAG Pharmaceuticals

2020-11-16 22:43 1794

LUXEMBOURG and ZUG, Switzerland, Nov. 16, 2020 /PRNewswire/ --?Covis Group S.à r.l. ("Covis") today announced the completion of its acquisition of AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) through the successful tender offer for all of the outstanding shares of common stock of AMAG at$13.75 per s...

IBM to Acquire SAP Consulting Partner TruQua

2020-11-16 21:00 2630

Acquisition will bolster IBM Services' expertise in financial workflows with SAP and further strengthen the company's hybrid cloud growth agenda ARMONK, New York, Nov. 16, 2020 /PRNewswire/ --?As part of IBM's hybrid cloud growth strategy to drive digital transformation for clients, IBM (NYSE:...

Viatris Inc. Launches as a New Kind of Healthcare Company, Positioned to Meet the World's Evolving Healthcare Needs

2020-11-16 20:30 607

PITTSBURGH, Nov. 16, 2020 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS) launched today following the successful combination of Mylan N.V. and Pfizer's Upjohn business. By combining these two complementary legacy companies, Viatris has the scientific, manufacturing and distribution expertise with pr...

INOVIO Announces Initiation of Phase 2 Segment of its Phase 2/3 Clinical Trial for its COVID-19 DNA Vaccine Candidate, INO-4800; Trial Will Be Funded by the U.S. Department of Defense

2020-11-16 20:00 1927

PLYMOUTH MEETING, Pa., Nov. 16, 2020 /PRNewswire/ --?INOVIO (NASDAQ:INO), a biotechnology company focused on bringing to market precisely designed DNA medicines to treat and protect people from infectious diseases and cancer, today announced that it has received clearance from the U.S. Food & Dru...

VisIC Technologies, Ltd and AB Mikroelektronik GmbH, a major player in automotive battery disconnect switches, collaborate

2020-11-16 16:00 700

NESS ZIONA, Israel, Nov. 16, 2020 /PRNewswire/ -- * Reliable battery disconnect and short circuit protection is required for high voltage battery systems * Fast D3GaN switching is a key advantage for a high voltage solid-state battery disconnect switch * D3GaN developed for the auto...

Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit

2020-11-16 13:30 2276

LAKE CHARLES, La., Nov. 16, 2020 /PRNewswire/ -- Sasol today announced our LDPE unit reached beneficial operation on15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex unit to come online. The LCCP is now 100 percent complete with total capital expenditure fore...

AP Ventures invests USD 10 million into Happay targeting the Chinese market

2020-11-16 12:04 835

SHANGHAI, Nov. 16, 2020 /PRNewswire/ -- The Australian-based investment company, which is set up to collaborate with and counts Afterpay as its largest shareholder, has completed aUSD 10 million investment in Happay, China's first BNPL (Buy Now Pay Later) platform, taking a 20% stake and valuing ...

Biortus Announces Round A Financing and Launches Global Cryo-EM Innovation Center

2020-11-14 12:40 6346

WUXI, China, Nov.?13, 2020 /PRNewswire/ -- Wuxi Biortus Biosciences Co. Ltd. ("Biortus"), a global leader in structural biology service for drug discovery, recently closed round A financing withUS$15 million investment led by Bayland Capital, and the fund will be used to establish a global cryo-E...

Leading Autonomous Truck Startup Inceptio Technology Completed a New Capital Raising of US$120 Million

2020-11-13 22:30 1636

SHANGHAI, Nov. 13, 2020 /PRNewswire/ -- On November 9, 2020, Inceptio Technology, a leading autonomous truck company, announced itsUS$120 million funding led by Contemporary Amperex Technology Co., Limited (CATL), a global leader in the development and manufacturing of lithium-ion batteries. Inc...

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