Cardiogeni signs MoU with Sheikh Al Qassimi for £20 million investment

LONDON: Cardiogeni (AQSE: CGNI), a UK-based clinical-stage biotechnology company founded by 2007 Nobel Laureate Sir Martin Evans, has announced the signing of a memorandum of understanding (MoU) with the Private Office of Sheikh Al Qassimi. This agreement is set to facilitate direct investment and funding for the company’s clinical trials focused on novel heart failure…

Power Metal Resources secures £2 million investment, eyes uranium joint venture

LONDON: Power Metal Resources PLC (AIM:POW) has announced a substantial investment agreement with ACAM LP. The deal involves a £2 million investment through a loan note arrangement, accompanied by warrants, marking a strategic step forward for Power Metal’s global uranium ambitions. The legally binding subscription agreement with ACAM LP includes the issuance of loan notes…

PayPoint announces investment in Aperidata

LONDON: PayPoint Plc has today announced a £1 million investment in Aperidata Ltd, an innovative consumer and business credit reporting and Open Banking platform. The deal will see the PayPoint Group building on an existing commercial partnership between the two companies delivering Open Banking solutions for clients across multiple sectors, including government, local authorities, charities…

HoneyNaps secures a $11.6 million Series B investment

BOSTON: HoneyNaps, an industry-leading South Korean company in artificial intelligence (AI) sleep data analysis, has closed its series B round of funding, securing $11.6 million. The series B funding is a successful achievement, nearly three times the $3.9 million raised through series A funding back in 2021. With the listing contract signed with Korea Investment…

OKX Ventures announces investment in Pencils Protocol

OKX Ventures today announced its investment in Pencils Protocol, the next-gen decentralized platform that offers auction services for blockchain-native assets and real-world assets (RWAs), along with unified and leveraged yield aggregation services for users to maximize asset utilization. As one of the largest native DeFi projects within the Scroll ecosystem, Pencils Protocol serves as an…

Chainstack secures investment to propel Web3 infrastructure growth

Chainstack, a leading global Web3 infrastructure provider, has announced a significant strategic investment from a consortium of investors including SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures. This infusion of capital is set to drive substantial advancements in Chainstack’s product offerings, with a particular emphasis on enhancing core features, user experience,…

AstraZeneca bolsters stake in Cellectis with $140 million investment

AstraZeneca has completed a $140 million equity investment in Cellectis, a biotech firm at the forefront of gene-editing therapies. This transaction, which follows approval from the French Ministry of Economy, sees AstraZeneca acquiring 10 million Class A and 18 million Class B convertible preferred shares at $5 each. The Class A shares carry single voting…

Respiratory disease diagnostics ProAxsis secures c.£1.8 million investment

LONDON: NetScientific Plc (AIM: NSCI) announced that its portfolio company ProAxsis Limited has successfully closed a c.£1.8 million investment. The investment was led by the Company’s wholly owned venture capital and corporate finance firm, EMV Capital, syndicated from a cohort of private investors. The Investment includes c.£211,000 from new investors, c.£36,000 from the exercise of…

Rio Tinto partners Founders Factory to invest in the technology startups

SYDNEY: Rio Tinto has announced a strategic partnership with Founders Factory, a leading global venture studio. This collaboration is set to fuel the development and commercialization of pioneering technologies, marking a significant commitment by Rio Tinto to enhance the mining industry’s efficiency and sustainability. Over the next three years, Rio Tinto will channel A$14.4 million…

Buyers Edge Platform raises $425 million in investment round led by General Atlantic Credit

NEW YORK: Buyers Edge Platform, a pioneer in digital procurement for the foodservice sector, has announced a substantial $425 million preferred equity investment. The investment round is spearheaded by General Atlantic Credit’s Atlantic Park fund, with notable contributions from Blackstone Tactical Opportunities and Morgan Stanley Tactical Value funds. The infusion of capital is set to…

Global Markets and the NYC Stock Exchange: A Comprehensive Look at International Trading

The New York Stock Exchange (NYSE), a symbol of financial prowess and economic might, has been at the forefront of international trading since its inception. Its story began over two centuries ago, in 1792, with a group of stockbrokers and merchants gathering beneath a buttonwood tree on Wall Street. This modest assembly marked the birth…