REYL Intesa Sanpaolo acquires Carnegie Fund Services
REYL Intesa Sanpaolo (“REYL”) announced the acquisition of Carnegie Fund Services SA (“Carnegie”), one of Switzerland’s leading Swiss Fund Representatives. Founded in 2003, Carnegie services clients encompassing fund management companies, boutique firms and large global asset management groups based in Europe, North America, Asia, and Australia. Today, it acts as a Swiss representative for over 100 global investment managers and over […]
Lending SaaS firm ‘Cloudbankin’ raises USD400K funding from Angel Investors
Cloudbankin, a complete end-to-end digital lending software company headquartered in Chennai, Tamil Nadu, today announced it has successfully raised $400K in funding from Angel investors, Upekkha, SaaS accelerator and fund, and Kube VC – a global venture capital firm. Prominent Fintech angel investors including Mr. Ramanathan RV, CEO at Hyperface, Mr. Mohan Karuppiah, CEO at […]
Carbon Growth Partners to raise USD 20Mln for carbon credits fund
Carbon market investor Carbon Growth Partners (CGP) has reopened its Carbon Growth Fund, seeking to raise US$200 million by mid-2024 including an initial US$20 million before the end of June 2023. The fund targets a 20% annual return by investing in a diversified portfolio of carbon credits and carbon offset projects. The capital raise comes […]
Challenges Start-Ups Face in Raising Funds for Survival And Success
A few centuries ago, very few people longed to start a new business. In many parts of the globe, the business community was tightly knit and was run only by families. Cut to the present: since the start of the internet and digital boom, a large number of educated and talented professionals are interested in […]
Mitsubishi Corporation announces establishment of Marunouchi Capital Fund III
Mitsubishi Corporation (MC) is pleased to announce the establishment and initial closing of the Marunouchi Capital Fund III (Fund III), which is managed by MC’s wholly owned subsidiary, Marunouchi Capital Inc. (Marunouchi Capital). Fund III, which received 40.2 billion yen investment commitment from investors, will make buyout investments primarily in Japanese companies. Marunouchi Capital plans […]
Alchemy Pay partners with DWF Labs to secure $10 million funding
In order to facilitate its expansion into the Korean market, Alchemy Pay has announced a strategic partnership with DWF Labs, the prominent multi-stage web3 investment firm. As part of this partnership, Alchemy Pay has secured $10 million in funding from DWF Labs, which will be utilized to expand its payment business in Korea, capitalize on the region’s […]
Inotrem Receives Funding From the Crohn’s & Colitis Foundation
Inotrem, an advanced clinical stage biotech company specialized in immunotherapies for acute and chronic inflammatory syndromes, announced today it received funding from the Crohn’s & Colitis Foundation’s IBD Ventures under a program to accelerate research and development that aim to improve the quality of life for patients with IBD. The funding will support the development […]
Four in five SMEs in Singapore unable to secure adequate business funding
More than four in five (86%) small and medium-sized enterprises (SMEs) in Singapore have been unable to secure sufficient, or any, funding on at least one or more occasion over the last five years, according to a new report from cloud banking platform Mambu. The ‘Small business, big growth’ report surveyed over 1,000 SME owners globally, including […]
Abstrakt closes pre-seed financing round at USD 610K
Abstrakt, real-time call coaching and conversational intelligence software, announced the successful close of an oversubscribed $610K Pre-Seed financing round. The round, led by a series of angel investors in Arizona, Nebraska, and Georgia, sets the company up for a quick expansion as growth is already underway. Abstrakt revealed that it will use the funding to scale up its team and […]
Capri raises $225 million in series F round
Clari, the revenue operations leader, today announced it has closed on a $225 million Series F round, raising the company’s total valuation to more than $2.6 billion. The new funding follows Clari’s $150 million Series E round in March 2021, bringing total funding in the last 12 months to $375 million while more than quadrupling […]
