Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion
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...
Power International Holding (PIH) closes a landmark transaction to finance the acquisition of 100% of Mobile Telecom - Service LLP (MTS) from Kazakhtelecom JSC
DOHA, Qatar, Jan. 20, 2025 /PRNewswire/ -- Power International Holding (PIH), a globally recognized Qatari-based conglomerate, has officially completed the acquisition of a 100% participatory interest in Mobile Telecom-Service LLP (MTS) from...
East Ventures, a pioneer in Southeast Asia's venture capital scene, closes its inaugural GP-led secondary transaction with Coller Capital
JAKARTA, Indonesia, Jan. 20, 2025 /PRNewswire/ -- East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, announced today that it has closed its inaugural GP-led secondary transaction. Led by a global secondary...
Smartkem Closes $7.65 Million Offering
MANCHESTER, England, Dec. 23, 2024 /PRNewswire/ -- Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics using its disruptive organic thin-film transistors (OTFTs), announced it has completed its previously announced...
MGI Tech Closes Agreement with Sabin Group to Boost Personalized Medicine in Brazil through Oncological and Germiline Genomics
Partnership helps expand population access to cutting-edge genomic tests SAO PAULO, Dec. 19, 2024 /PRNewswire/ -- MGI Tech Co., Ltd. ("MGI"), a company committed to building core tools and technologies that drive innovation in life science, has...
Fleet Space Closes A$150M Series D with A$800M+ Valuation
Funding from Teachers' Venture Growth and Other Investors to Scale Exploration Solutions Powered by Space & AI for Faster Energy Transition Mineral Discovery ADELAIDE, Australia, Dec. 12, 2024 /PRNewswire/ -- Fleet Space Technologies (Fleet...
6th HIIFF Closes with Golden Coconut Award Ceremony
HAIKOU, China, Dec. 11, 2024 /PRNewswire/ -- A report from Hainan International Media Center (HIMC): On the evening of December 10, the seven-day 6th Hainan Island International Film Festival (HIIFF) came to a close in Sanya in south China's Hainan...
Enfinity Global closes €165 million financing for 147 MW solar energy projects in Italy
MILAN, Dec. 11, 2024 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, has closed €165 million in financing aimed at building a portfolio of three utility-scale solar power plants with a combined capacity of 147 MW, located in...
LambdaTest Closes $38 Million to Revolutionize QA with AI Native QA Agent-as-a-Service
With this funding, LambdaTest plans to advance KaneAI, launching AI Native QA Agent-as-a-Service to transform software QA with AI-driven insights, scalable Test Cloud, and advanced HyperExecute automation. NOIDA, India and SAN FRANCISCO, Dec. 10,...
H.I.G. Capital Closes $1 Billion Bayside Loan Opportunity Fund VII
MIAMI, Dec. 5, 2024 /PRNewswire/ -- H.I.G. Bayside Capital, the special situations credit affiliate of H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative investment firm with $66 billion of capital under management, is pleased to...