Investment & Financing

Pictor Biotech Inc. (d.b.a. SOLARBIOTECH), GPC Bio, and Eleszto Genetika Announce Strategic Unification

2025-01-23 05:53 991

NORTON, Va., LA ROCHELLE, France and BUDAPEST, Hungary, Jan. 23, 2025 /PRNewswire/ -- Today, SOLARBIOTECH, GPC Bio, and Eleszto Genetika proudly announced their acquisition and strategic unification under a single ownership.  This consolidation creates a vertically integrated Synthetic Biology an...

Altair Engineering Inc. Stockholders Approve Proposed Merger with Siemens

2025-01-23 05:05 1052

TROY, Mich., Jan. 23, 2025 /PRNewswire/ -- Altair Engineering Inc. ("Altair") (Nasdaq: ALTR), a global leader in computational intelligence, today announced that its stockholders voted at a special meeting to adopt the merger agreement with Siemens Industry Software Inc. ("Siemens Industry"), a s...

Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion

2025-01-22 22:00 1254

Data intelligence leader completes $10B Series J and closes additional $5.25B debt financing SAN FRANCISCO, Jan. 22, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of theState o...

L&C Bio Secures World's First NMPA Approval for 'MegaDerm Plus' in China

2025-01-22 20:30 1657

SEONGNAM-SI, South Korea, Jan. 22, 2025 /PRNewswire/ -- L&C Bio (CEO Hwan-Chul Lee) has achieved a significant milestone in its global market strategy by becoming the first company worldwide to secure approval fromChina's National Medical Products Administration (NMPA) for its acellular dermal ma...

Ping An Bank Fuels Yulin Chemical's Green Transition With RMB2.3 Billion Loan

2025-01-22 18:11 2008

HONG KONG and SHANGHAI, Jan. 22, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An", "the Company" or the "Group" HKEX: 2318 / 82318; SSE: 601318) announced that its subsidiary,Ping An Bank, has provided aRMB2.3 billion (equivalent to USD 322 million) loan t...

Vertice raises $50 million Series C to simplify procurement

2025-01-22 17:44 967

Lakestar leads round with participation from existing investors Bessemer Venture Partners and 83North LONDON and NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Vertice, the spend optimization platform, today announced$50 million in Series C funding led by Lakestar. This investment brings the total rais...

LANZAJET SELECTS TEESSIDE'S WILTON INTERNATIONAL FOR ITS NEXT SUSTAINABLE AVIATION FUEL PRODUCTION FACILITY - PROJECT SPEEDBIRD

2025-01-22 17:00 989

TEESSIDE, England, Jan. 22, 2025 /PRNewswire/ -- LanzaJet, a leader in Sustainable Aviation Fuel (SAF)1 technology and producer of SAF, today announced the selection of the site for their next production facility,Project Speedbird, in Teesside's Wilton International. LanzaJet has partnered with ...

Vertice raises $50 million Series C to simplify procurement

2025-01-22 16:42 921

Lakestar leads round with participation from existing investors Bessemer Venture Partners and 83North LONDON and NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Vertice, the spend optimization platform, today announced$50 million in Series C funding led by Lakestar. This investment brings the total rais...

Form Technologies Acquired by Ares Management

2025-01-22 11:16 1484

~$304 Million of New Equity Capital to Support Deleveraging and Accelerate Company's Strategic Growth Initiatives CHARLOTTE, N.C., Jan. 22, 2025 /PRNewswire/ -- Form Technologies, Inc. ("Form Technologies" or the "Company"), a global leader in the production of precision-engineered components, t...

H2, Inc. Secures $16 Million in Bridge Funding to Expand Flow Battery Manufacturing Capacity

2025-01-22 07:51 1392

SEOUL, South Korea, Jan. 21, 2025 /PRNewswire/ -- H2, Inc., an industry-leading vanadium flow battery (VFB) developer and manufacturer headquartered inSouth Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company's total accum...

"Beyond Leisure, Transforming Everyday Life": Nol Universe Officially Launched

2025-01-21 23:00 2000

* Yanolja Platform and Interpark Triple unite to create a B2C mega-platform * Maximizing platform synergy to pioneer a new path in the leisure and travel industries SEOUL, South Korea, Jan. 21, 2025 /PRNewswire/ -- Beyond Leisure, Transforming Everyday Life. Two of South Korea's leading o...

Gravity Announces $13M in Series A Funding to Automate Reporting and Accelerate Energy Optimization

2025-01-21 20:30 1549

Round led by Ansa Capital underscores industry need for an end-to-end carbon accounting platform that engages overlooked industries and drives business impact SAN FRANCISCO, Jan. 21, 2025 /PRNewswire/ -- Gravity, the leading enterprise carbon accounting and energy management platform, today anno...

The American Chamber of Commerce in Singapore (AmChamSG) Supports Communities in Need Through Donations to SGSHARE and California Wildfires Relief

2025-01-21 16:08 2208

AmChamSG Commemorates Martin Luther King, Jr., National Day of Service with St Luke's ElderCare at the Singapore Flyer SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- The American Chamber of Commerce in Singapore (AmChamSG) is donating $5,000 to the California wildfires relief, as well as SGSHARE, a na...

Ascentium Expands Strategic Footprint in the Middle East through Acquisition of Virtuzone

2025-01-21 10:00 2073

SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Ascentium , a leading global business services platform headquartered inSingapore and backed byHillhouse Investment , has announced the acquisition ofVirtuzone , the U...

Shaping Tomorrow's Cities: Lee Kuan Yew Global Business Plan Competition Launches Global Hunt for Sustainable Urban Innovations

2025-01-21 10:00 1806

SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Singapore Management University's (SMU ) Institute of Innovation and Entrepreneurship (IIE) announced today the opening of applications for the 12th edition of its flagship event - the Lee Kuan Yew Global Business Plan Competition (LKYGBPC)

Antler Maintains Strong Investment Momentum Through Market Headwinds, SEA Portfolio Companies Secure $350M+ in Follow-on Funding

2025-01-21 09:00 1487

SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Antler, the global early-stage venture capital firm headquartered inSingapore, today announced its continued commitment to backing exceptional founders, closing 96 deals worth over$12.5 million across Southeast Asia in 2024 despite challenging market condi...

Antler Maintains Strong Momentum in Indonesia, Making 50 Investments Over Past Two Years Despite Market Headwinds

2025-01-21 09:00 1496

[Cover image here ] JAKARTA, Indonesia, Jan. 21, 2025 /PRNewswire/ -- Antler, the global early-stage venture capital firm, today announced its continued commitment to backing exceptional founders, closing 96 dea...

Antler Maintains Strong Momentum in Vietnam, Making 40 Investments Over Past Two Years Despite Market Headwinds

2025-01-21 09:00 1506

[Cover image here ] HO CHI MINH, Vietnam, Jan. 21, 2025 /PRNewswire/ -- Antler, the global early-stage venture capital firm, today announced its continued commitment to backing exceptional founders, after closin...

Antler Maintains Strong Momentum in Malaysia, Making 19 Investments Since Launch Despite Market Headwinds

2025-01-21 09:00 1461

[Cover image here ] KUALA LUMPUR, Malaysia, Jan. 21, 2025 /PRNewswire/ -- Antler, the global early-stage venture capital firm, today announced its continued commitment to backing exceptional founders, closing 96...

MicroAire Completes Acquisition of NEOSYAD

2025-01-21 01:00 1466

CHARLOTTESVILLE, Va., Jan. 21, 2025 /PRNewswire/ -- MicroAire Surgical Instruments, the global leader in power-assisted liposuction, is pleased to announce the acquisition of NEOSYAD, an innovative medical device company that developed a breakthrough technology for adipose tissue engineering. Thi...

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