Articles — Page 74

Baraya Extended Care Closes Series B Funding Round Bringing Total Capital Raised to USD 124 Million from TVM Capital Healthcare and a Syndicate of Prominent Investors

Baraya Extended Care, a Saudi long-term care provider, closed an oversubscribed Series B funding round led by TVM Capital Healthcare, bringing total capital raised to $124 million. The investment will support expansion of inpatient facilities and outpatient clinics to address Saudi Arabia's growing extended care needs.

Avatar Capital Partners Closes Debut Real Estate Fund at JPY 15.2 billion in 12 months, and Welcomes Townsend and its client as a Strategic Partner

Avatar Capital Partners (ACP) announced the final close of its inaugural real estate fund, ACP Real Estate Fund I, at JPY 15.2 billion (US$105 million) and a strategic partnership with Townsend Group and its client. The fund focuses on Japan's living sector, specifically Tokyo multifamily assets, and was oversubscribed within one year, supported by Townsend, a leading pension fund, and Asian family offices.

Liberty Hall Capital Partners Acquires Paxia

Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, acquired Paxia, a SaaS-based aviation software company, from TELEO Capital, which retains a minority stake. The transaction advances Liberty Hall's digital transformation thesis in aviation.

Neo Space Group Completes Acquisition of UP42 from Airbus Defence and Space

Neo Space Group (NSG), a PIF company and Saudi Arabia's leading commercial space services provider, has completed its acquisition of UP42 GmbH, the Earth Observation platform previously owned by Airbus Defence and Space GmbH. This strategic acquisition enhances NSG's geospatial capabilities and accelerates UP42's global growth.

Chloris Geospatial Raises $8.5 Million Series A to Scale Satellite-Based Forest Carbon Monitoring

Chloris Geospatial, a climate-tech company specializing in satellite-based forest carbon monitoring, has raised $8.5 million in Series A funding led by Future Energy Ventures, with participation from existing investors including AXA IM Alts, At One Ventures, Cisco Foundation, Counteract, and Orbia Ventures.

Kroll Announces Intention to Acquire Madison Pacific Group

Kroll, a global financial and risk advisory firm, announced its intention to acquire Madison Pacific Group from Vistra Group to strengthen its Agency and Trustee Services practice in Asia Pacific, subject to regulatory approvals.

Epicsoft Asia Pte. Ltd. Announces Close of Offer for Ban Leong Technologies Limited with Compulsory Acquisition and Delisting to follow

Epicsoft Asia Pte. Ltd., a wholly-owned subsidiary of GCL Global Pte. Ltd., has closed its voluntary unconditional cash offer for Ban Leong Technologies Limited, acquiring approximately 96.59% of shares. As public float falls below 10%, trading will be suspended and Epicsoft intends to compulsorily acquire remaining shares and delist Ban Leong from SGX-ST.

Acclime acquires Boutique Capital, enhancing its fund services capability in Australia

Acclime has completed its acquisition of Boutique Capital, a North Sydney-based specialist in fund incubation and wholesale fund services, following FIRB approval. This acquisition expands Acclime's capabilities in fund establishment and administration, strengthening its position as a trusted partner to fund managers in Australia and New Zealand.

Field Medical Closes Oversubscribed $35 Million Series B to Advance Development of FieldForce™ Pulsed Field Ablation Platform

Field Medical, a clinical-stage company developing pulsed field ablation technology for cardiac arrhythmias, closed a $35 million Series B financing round co-led by BioStar Capital and Cue Growth, with participation from existing strategic investors. The funds will support the initiation of the pivotal VERITAS trial and further development of the FieldForce Ablation System.

CLO Virtual Fashion Acquires swatchbook, Solidifying Leadership in Digital Fabric Solutions

CLO Virtual Fashion, a global leader in 3D garment design and visualization technologies, has acquired swatchbook, an innovative digital materials solutions provider, positioning CLO as the largest digital fabric database company in the world.

IFS acquires TheLoops to launch the Industrial AI workforce - the first agent platform built for mission critical operations

IFS, a leading enterprise cloud and Industrial AI software provider, has acquired TheLoops, an autonomous AI agent technology innovator, to create the first AI Agentic platform specifically designed for mission-critical industrial operations.

Timah Partners Closes US$50M Series A to Address Southeast Asia's SME Succession Crisis

Timah Partners, a Singapore-based permanent holding company focused on acquiring and operating B2B SMEs in Southeast Asia, announced the close of its US$50 million Series A funding round. The round was backed by a group of investors including founders of iconic holding companies, pioneers of the modern HoldCo playbook, and veteran investors from top-tier investment firms.

Fintech Startup Lana Raises Funds to Back APAC Corporates in Cutting Energy and Carbon Costs

Lana, a Singapore-based decarbonization finance platform, announced the successful closure of its first funding round from Liminal and Twynam Investments to accelerate energy transition financing for APAC corporations.

NOIZ Group announces the completion of acquisition of LOOP Space to strengthen its digital innovation and transformation

NOIZ Group Limited, a Hong Kong-listed company, has completed the strategic acquisition of LOOP Space, an AI-driven Web 3.0 social platform, to enhance its digital business and expand into the Web 3.0 ecosystem.

Illumina to acquire SomaLogic, accelerating its proteomics business and advancing the company's multiomics strategy

Illumina, Inc. announced a definitive agreement to acquire SomaLogic, a leader in data-driven proteomics technology, and other specified assets from Standard BioTools for $350 million in cash plus up to $75 million in performance-based milestones and royalties. The acquisition aims to enhance Illumina's presence in the expanding proteomics market and advance its multiomics strategy.

Illumina to acquire SomaLogic, accelerating its proteomics business and advancing the company's multiomics strategy

Illumina, Inc. announced a definitive agreement to acquire SomaLogic, a leader in data-driven proteomics technology, for $350 million in cash plus up to $75 million in performance-based milestones and royalties, subject to regulatory approvals and expected to close in the first half of 2026.

Marlin Equity Partners Closes Latest Fund Oversubscribed at Hard Cap

Marlin Equity Partners announced the final close of its third European fund, Marlin Heritage Europe III, at its €1 billion hard cap, significantly exceeding its target and receiving over 50% more in commitments than its predecessor.

Vietnamese EdTech Galaxy Education Raises Nearly US$10M from East Ventures and Other Investors

Galaxy Education, a Vietnamese education technology company, has secured nearly USD 10 million in funding from East Ventures and other investors to fund its national English as a Second Language program and advance its AI-powered learning platform.

Kinterra Capital Submits Proposal to Acquire 100% of New World Resources

Kinterra Capital has submitted a non-binding, indicative proposal to acquire 100% of New World Resources Limited for A$0.057 per share in an all-cash transaction, positioning it as a superior alternative to New World's existing agreement with Central Asia Metals Plc.

Parataxis Holdings LLC Announces Definitive Agreement with Bridge Biotherapeutics, Inc. to Bring Bitcoin Treasury Company to South Korean Public Markets

Parataxis Holdings LLC, through Parataxis Korea Fund I LLC and affiliates, has entered into a definitive agreement to invest KRW 25 billion in Bridge Biotherapeutics, Inc. for a controlling interest, creating a Bitcoin-native treasury platform on the KOSDAQ. The transaction is subject to shareholder approval and expected to close after a shareholder meeting in August 2025.

CUBE ANNOUNCES ACQUISITION OF LEADING AI OPERATIONAL RISK PROVIDER, ACIN

CUBE, a global leader in Automated Regulatory Intelligence and Regulatory Change Management, has acquired Acin, a London-headquartered RegTech and operational risk AI provider for financial services. This acquisition creates a unified platform combining regulatory compliance and operational risk capabilities, supported by an expanded industry collaboration initiative involving major banks.

United Risk Completes Acquisition of Pinnacle Underwriting Based in Sydney, Australia Expanding and Strengthening Operations in the Asia-Pacific and Middle East Regions in Key Lines of Business

United Risk has completed the acquisition of Pinnacle Underwriting Pty Ltd. and its affiliate Pinnacle Holdings Group Pty Ltd., a specialty facultative reinsurance MGA headquartered in Sydney, Australia. This acquisition strengthens United Risk's position in the Asia-Pacific and Middle East regions and makes it one of the top five largest MGAs globally.

Straive Acquires SG Analytics to Bolster Data Analytics & AI Operationalization Capabilities

Straive, a global leader in Data, Analytics, and AI Operationalization, has acquired SG Analytics, a leading provider of AI-powered insights and contextual analytics services, to enhance its capabilities and scale in key verticals.

Applied Intuition Closes Series F at $15 Billion Valuation, Accelerating Vehicle Intelligence Across All Moving Machines

Applied Intuition, Inc. has closed a $600 million Series F fundraise and tender offer at a $15 billion valuation, co-led by BlackRock-managed funds and accounts and Kleiner Perkins, with participation from new and existing investors to accelerate vehicle intelligence expansion.

Ubyx, The Stablecoin Clearing System Enabling Bank & Fintech Off-Ramps, Announces $10M Seed Led by Galaxy Ventures

Ubyx, a stablecoin clearing system that enables regulated banks and fintechs to redeem stablecoins at face value, announced a $10 million seed funding round led by Galaxy Ventures with participation from multiple venture capital firms and strategic investors.

Corvia Medical closes $55 million funding round to complete confirmatory trial and pursue FDA approval of Corvia Atrial Shunt

Corvia Medical, a heart failure treatment company, raised $55 million from existing investors to complete the RESPONDER-HF trial and pursue FDA approval for its Corvia Atrial Shunt device.

Aptean acquires Vlexgroup

The acquisition of VLEX further increases Aptean’s DACH footprint while also bolstering its ERP capabilities for the variant-manufacturing sector.

Observe plans USD 100m equity raise, USD 90m debt conversion in Series C

Pactum assesses growth via acquisitions

LevelBlue acquires Stroz Friedberg, Elysium Digital from Aon

Teknor Apex acquires Danimer Scientific

Voltavate Receives A$850,000 in Oversubscribed Pre-Seed Round, Led by Artesian

Voltavate, an early-stage battery tech company, raised A$850,000 in an oversubscribed pre-seed round led by Artesian, with participation from Investible, Electrifi Ventures, and industry angels including John Wood, Christiaan Jordaan, Steven Vassiloudis, and Reza Behnam. The funds will be used to validate its core product, expand the team, and advance strategic partnerships.

T.D. Williamson Announces Strategic Investment from Apollo Funds

T.D. Williamson (TDW), a global pipeline infrastructure technology and services company, announced a strategic investment from funds managed by Apollo. SCF Partners, which acquired TDW in June 2022, will retain majority ownership. The investment aims to support TDW's growth initiatives in pipeline maintenance and integrity solutions.

Meta to acquire 49% stake in Scale AI for USD 14.8bn

IoT Pioneer Kigen Secures Strategic Investment from Japan's SBI Group

Kigen, a global leader in eSIM and iSIM security solutions, announced a strategic investment from Japan's SBI Group to accelerate global growth in industrial IoT and support secure, scalable connectivity for device makers.

MRI Software Completes Acquisition of Anacle, a leading Singapore-based provider of Property and Facilities Management Solutions

MRI Software has completed its acquisition of Singapore-based Anacle Systems Limited, expanding MRI's footprint in Asia and enhancing its offerings for commercial real estate owners, operators, and tenants with AI-powered innovations.

Insight Partners-backed Rewind eyes potential capital raise

Elemeno Health Series B planned for 2026

Nooks raises USD 25m in Series A funding round

Aquatech Acquires Century Water, Creating a Global Center of Excellence for Semiconductor and Pharmaceutical Water Services

Aquatech has acquired Singapore-based Century Water, a leader in ultrapure process water and wastewater recycling solutions for semiconductor, pharmaceutical and advanced manufacturing sectors. Century Water will become Aquatech's center of excellence for high-tech industries, enhancing Aquatech's capabilities in high-purity water technology, digital services and O&M support.

Runwise raises USD 55m in Series B led by Menlo Ventures

Argosy acquires Heavy Equipment Colleges of America

bolttech closes Series C fundraise, welcomes strategic investors Sumitomo Corporation and Iberis Capital

bolttech, a global insurtech company, successfully closed its Series C funding round with US$147 million in investments from new strategic investors Sumitomo Corporation and Iberis Capital, alongside existing investors, achieving a post-money valuation of US$2.1 billion.

TOPPAN Security Strengthens Market Leadership in Asia with Acquisition of dzcard Group

TOPPAN Security, a global leader in secure identity and payment solutions, has entered into a definitive agreement to acquire dzcard Group, a prominent provider of smart card solutions and personalization services across Asia and Africa. This strategic acquisition positions TOPPAN Group as the clear leader in the Asian payment card market, significantly expanding its footprint by doubling manufacturing capacity and personalization centers.

Mintel Acquires Black Swan Data, revolutionizing predictive intelligence and reshaping the future of insight

Mintel, the global leader in market intelligence, has acquired Black Swan Data, an AI-native company specializing in analyzing and predicting trends from social media. This acquisition combines Mintel's consumer expertise with Black Swan's real-time social predictive analytics to enhance predictive intelligence capabilities for CPG brands.

WOGI Deepens Client and Merchant Ecosystem with UNIQGIFT Acquisition and New COO

WOGI, Asia's digital rewards and incentives solutions partner, has acquired UNIQGIFT, Singapore's leading provider of customised reward programs, to expand its merchant partnerships and deepen client relationships across Asia. The deal was completed in late May 2025, with UNIQGIFT CEO Gregory Imbert joining WOGI as Chief Operating Officer.

Mérieux NutriSciences and AsureQuality Announce the Official Launch of Mérieux NutriSciences AQ (MNAQ) Joint Venture

Mérieux NutriSciences and AsureQuality have officially launched their joint venture, Mérieux NutriSciences AQ (MNAQ), following Mérieux NutriSciences' acquisition of Bureau Veritas' worldwide food testing activities. The joint venture is now fully established in Southeast Asia and Australia, aiming to provide food testing, assurance, and sustainability solutions.

PROGOLD ACQUIRES ABI MANUFACTURING INTERNATIONAL LTD

Progold S.p.A., an Italian precious metal alloys and additive technologies company, has acquired 100% of ABI Manufacturing International Ltd, a Bangkok-based company in the same sector, to strengthen its presence in Asia and consolidate global leadership.