News & Press
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Chinese consumer appliance maker Midea to buy Israeli motion control firm Servotronix for US$170 million
Chinese robotics and electronics giant - Midea has acquired the control of Petah Tikva-based automation solutions - Servotronix at a company value of US$170 million.
Chinese honeymoon-themed hotel Shilili secures US$14 million round led by Matrix Partners China
Shilili, a hotel in China that focuses on romantic themes has secured a RMB100 million(about US$14 million) round led by Matrix Partners China.
SportsPlay acquires Jogo to bring Malaysian sport fans a better platform
Malaysian sport-related platforms, SportsPlay and Jogo has undergone an M&A deal in order to create a better platform experience for Malaysian sports lovers.
Indonesian Moka raises US$2 million round led by Mandiri Capital
Moka, a Jakarta-based startup that focuses on building mobile point-of-sale (mPOS) for restaurants and retails has secured a US$2 million round led by Mandiri Capital which will be used to speed up product development.
Israeli JOY Ventures launches US$50 million neuro-wellness fund
Joy Ventures, a new Israeli investment firm, has recently initiated a US$50 million fund along with an inauguration of office in Herzliya Pituach. The venture vehicle will be focused on an emerging field of technology neuro-wellness.