JAKARTA, Sept. 22 (Korea Bizwire) — JULO, a leading peer-to-peer lender offering personal loans across Indonesia, today announced a $10 million extension round to its Series A financing. The round was led by Quona Capital, a leading fintech venture firm whose funds are sponsored by Accion, with participation from existing investors Skystar, East Ventures, Provident, [...]
GHENT, Belgium, Jul. 30 (Korea Bizwire) — AgroSavfe NV, a rapidly growing and transformative Crop and Food protection company developing a new generation of protein-based biocontrols to protect food from farm to fork, today announces the closing of a Series C financing round. AgroSavfe, a spin-off from the VIB (‘Vlaams Instituut voor Biotechnologie’) founded in [...]
QUEBEC CITY, Dec. 4 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile and scalable automotive LiDAR development platform, announces the successful closing of a $US 23.7 million ($CDN 31.4 million) bridge. These funds will enable the company to continue the expansion of its research and development teams to accelerate the introduction of [...]
LOS GATOS, Calif., Aug. 27 (Korea Bizwire) — Tascent, Inc., the industry leader in intuitive biometrics, has raised $19.5 million in a Series B financing led by NEC Corporation and Tano Capital, with participation by Min Aik Technology Co., Ltd. The funding will be used to expand Tascent’s biometrics product and solution suite and extend [...]
SANTA CLARA, Calif., Apr. 25 (Korea Bizwire) — Crocus Technology, a leading supplier of disruptive Tunnel Magneto-Resistance (TMR) sensors, today announces it has secured $35M in funding through a combination of debt and equity from internal investors and external sources. The funding will enable Crocus Technology to accelerate its revenue growth by expanding its operations [...]
MIAMI , Apr. 24 (Korea Bizwire) — New York-based Madison Realty Capital has provided a $137 million construction loan to New York-based JDS Development Group for Monad Terrace. The deal indicates conviction in the development team, the high-design product by Pritzker Prize-winning architect Jean Nouvel and the South Beach market’s extremely limited new development inventory [...]
SAN FRANCISCO, Jan. 31 (Korea Bizwire) — Trifacta, the global leader in data wrangling, announced $48 million in financing from new strategic investors, including Columbia Pacific, Deutsche Börse, Ericsson, Google, and New York Life along with participation from existing investors Accel, Cathay Innovation, Greylock Partners, Ignition Partners, and Ridge Ventures. This brings Trifacta’s total financing [...]
TORONTO, Nov. 2 (Korea Bizwire) — Loraxian Inc., a global renewable energy and infrastructure company, has announced a $50 million USD Series B funding round with new partner Treasure Union Limited, a Hong Kong based company. Loraxian will leverage these new funds to drive global growth and scale, with an initial focus on Canada, Asia, [...]
TORONTO, May 4 (Korea Bizwire) — Maricann Group Inc. (CSE:MARI) (Maricann or the “Company”) is pleased to announce that Maricann has secured $42,500,000 in non-dilutive financing to further expand production in Germany. The $42,500,000 non-dilutive financing comes from The Green Streaming Finance Company of Canada Inc. a Vancouver-based company that provides non-equity financing solutions for [...]
SEOUL, Sept. 8 (Korea Bizwire) – Creditors of cash-strapped Hanjin Shipping Co. are unlikely to provide fresh financial aid to the ailing shipper currently under court receivership, industry sources said Thursday, further worsening the outlook for its already crippled cargo shipment. According to the sources, the state-run Korea Development Bank, the main creditor for Hanjin, [...]