Development finance institution

Astroscale Raises U.S. $76 Million, Continuing to Lead the Growing On-Orbit Servicing Sector

Retrieved on: 
Monday, February 27, 2023
Mitsubishi Corporation, Mitsubishi Electric, Australian Space Agency, UK Space Agency, Space force, Orbit, LEO, Workforce, COSMIC, Partnership, Risk, JAXA, History, Development Bank of Japan, Life extension, Air Force Research Laboratory, PJT Partners, Government, OneWeb, CRD2, Cleaning, European Space Agency, Development finance institution, Renewable energy, Communications satellite, Astroscale

TOKYO, Feb. 27, 2023 /PRNewswire/ -- Astroscale Holdings Inc. ("Astroscale"), the market leader in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than U.S. $76 million in funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.

Key Points: 
  • "We are pleased with the interest we received from our investors, which conveys a vote of confidence in Astroscale's vision and potential," said Nobu Okada, Founder & CEO of Astroscale.
  • "On-orbit servicing is a necessary infrastructure for a sustainable and growing space economy, and the key to reducing risk and increasing returns for satellite operators.
  • Astroscale U.S. and Astroscale Israel teams are global leaders in building the technology and mission plan for Life Extension services .
  • The Astroscale U.S. team is also working with several U.S. government agencies, including the Air Force Research Laboratory and Space Force, on R&D for satellite servicing.

The EDB joins the United Nations Environment Programme Finance Initiative

Retrieved on: 
Monday, February 20, 2023
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Finance, Banking, United Nations, EDB, Development finance institution, UNEP, United Nations Sustainable Development Group, Research, ESG, Eurasian Development Bank, Agriculture, Partnership, United Nations Environment Programme Finance Initiative, United, Bank, UNEP FI, Renewable energy

The Eurasian Development Bank is the first multilateral development bank in its region of operations to join the United Nations Environment Programme Finance Initiative (UNEP FI) as a supporting institution.

Key Points: 
  • The Eurasian Development Bank is the first multilateral development bank in its region of operations to join the United Nations Environment Programme Finance Initiative (UNEP FI) as a supporting institution.
  • UNEP FI is a partnership between UNEP and the global financial sector with the core mission of integrating sustainability in the value chain and contributing to the United Nations Sustainable Development Goals.
  • The EDB’s participation in the financial community established by the United Nations reaffirms its commitment to sustainable development and responsible finance, as well as international environmental and social standards.
  • The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries.

MNT-Halan Attracts $400 Million in Largest Funding in Egypt and the Middle East in the Past 12 Months

Retrieved on: 
Wednesday, February 1, 2023
Software, Payments, Finance, Banking, Professional Services, Technology, Fintech, Other Technology, Neuron, MERIS, CIB, Commercial International Bank, Commercial bank, Al Ahli Bank of Kuwait, System, Investment, National bank, National Bank of Egypt, Development finance institution, White & Case, Agricultural Bank, Sparebanken ABC, Housing and Development Bank, Shearman, International Bank, MNT, DPI, ADCB, Multimedia, Housing, Al Baraka Bank Pakistan, Financial services, Amusement park

In addition, the company is in advanced stages with leading international investors to raise $60 million of primary capital.

Key Points: 
  • In addition, the company is in advanced stages with leading international investors to raise $60 million of primary capital.
  • These investments demonstrate continued confidence in MNT-Halan’s value proposition, management team and superior technology, and will also enable international growth.
  • This funding follows a $120 million investment in Q3 2021 by other major global and regional growth investors, including Development Partners International (DPI), Apis Growth Fund II, and Lorax Capital Partners.
  • Seif Fikry, CEO of Chimera Abu Dhabi, said, “We are thrilled to be part of Egypt’s greatest fintech success story.

Allergy Diagnostics Market Size to Reach USD 12.45 Billion in 2030 | Emergen Research

Retrieved on: 
Tuesday, February 14, 2023
Allergen, Allergy, Food, Hives, Magnetic resonance, OIT, Investment, Development finance institution, Diagnosis, Thermo Fisher Scientific, Food allergy, Safety, Acta Oncologica, Development Bank of Wales, Patient, Asthma, Atopic dermatitis, Mindful Scientific Inc., Therapy, Risk, Eurofins Scientific, USD, Marketing, Partnership, Prevalence, Pharmaceutical industry, Vaccine, Nectar

VANCOUVER, BC, Feb. 14, 2023 /PRNewswire/ -- The allergy diagnostics market size reached USD 4.80 Billion in 2021 and is expected to register a CAGR of 11.1% during the forecast period, according to latest analysis by Emergen Research .

Key Points: 
  • VANCOUVER, BC, Feb. 14, 2023 /PRNewswire/ -- The allergy diagnostics market size reached USD 4.80 Billion in 2021 and is expected to register a CAGR of 11.1% during the forecast period, according to latest analysis by Emergen Research .
  • One key factor driving market revenue growth is growing funding and investments for allergy diagnostics.
  • Approximately 32 million Americans claim to have a food allergy, and every year, about 200,000 individuals require emergency medical attention owing to a food allergy.
  • The allergy diagnostics market is expected to register a CAGR of 11.1% over the forecast period and revenue is projected to increase from USD 4.80 Billion in 2021 to USD 12.45 Billion in 2030.

Colombia's business forecast at FITUR surpasses US $15.6 million -- 85% higher than the previous edition

Retrieved on: 
Thursday, January 26, 2023
World Tourism Organization, Artesanías de Colombia, United Kingdom, International trade, CAF – Development Bank of Latin America, National Federation of Coffee Growers of Colombia, Ministry of Trade, Industry and Energy, Development finance institution, Spanish Institute for Foreign Trade, Spanish Confederation of Savings Banks, FITUR, Tourism, Coffee, Ministry, Spanish, ProColombia, Commerce, Bravo, Cultural diversity, Regeneration, Legal Entity Identifier, Spanish Chamber of Commerce

Under the leadership of the Ministry of Trade, Industry, and Tourism -- and supported by ProColombia -- Colombia participated with a delegation of 38 companies, operators, regional promotion entities, and an airline. Colombian companies held 578 meetings with business representatives from 48 countries including Spain, the United Kingdom, Germany, the United States, Mexico, and Italy during the days aimed at professional audiences (January 18-20). In addition, 90% of the delegation confirmed to have found potential business opportunities.

Key Points: 
  • MADRID, Jan. 26, 2023 /PRNewswire/ -- During FITUR 2023 Colombia's business forecast amounted to US $15,647,570 -- an 85% increase compared to the previous edition.
  • In addition, 90% of the delegation confirmed to have found potential business opportunities.
  • Likewise, meetings were held with various international organizations, including the World Tourism Organization and the Development Bank of Latin America.
  • ProColombia President Carmen Caballero affirmed, "FITUR has been key in generating business in the Colombian tourism sector.

Sony Ventures Corporation Completes final closing of the "Sony Innovation Fund 3 L.P." (SIF3) with a total of 26.5 billion yen

Retrieved on: 
Thursday, January 19, 2023
Sony, Fund, International Christian University, Daiwa Securities Group, SVC, Development, AUM, Chiba Bank, Limited, Environment, IGV, SMBC, Development finance institution, Sumitomo Mitsui Banking Corporation, ICT, Resolution Funding Corporation, Sumitomo Mitsui Trust Holdings, Bank, Assets under management, Koei Tecmo, Music

TOKYO, Jan. 19, 2023 /PRNewswire/ -- Sony Ventures Corporation ("SVC"), a wholly owned subsidiary of Sony Group Corporation (Sony Group), has completed a final closing for "Sony Innovation Fund 3 L.P." (SIF3), with total of 26.5 billion yen.

Key Points: 
  • TOKYO, Jan. 19, 2023 /PRNewswire/ -- Sony Ventures Corporation ("SVC"), a wholly owned subsidiary of Sony Group Corporation (Sony Group), has completed a final closing for "Sony Innovation Fund 3 L.P." (SIF3), with total of 26.5 billion yen.
  • Sony Group has long participated in the global ecosystem for creating new businesses and supported the business growth of innovative venture-backed companies.
  • Through the establishment of Sony Innovation Fund (established 2016); Sony Innovation Fund by IGV (2019), a joint venture with Daiwa Capital Holdings Co., Ltd.; Sony Innovation Fund: Environment (2020), which supports companies that tackle global environment issues, and the "Sony Innovation Fund 3 L.P." (SIF3), (2022), Sony Group's dedicated investment team has accumulated experience and a track record of managing startups around the globe.
  • The closing of the recent fund brings the total Assets Under Management (AUM) to over 60 billion yen.

Fujitsu Client Computing Limited Selects Blue Yonder to Transform Supply Planning and S&OP Capabilities

Retrieved on: 
Thursday, January 12, 2023
Food, Beverage, Trucking, Fashion, Home Goods, Retail, Transport, Software, Convenience Store, Catalog, Supply Chain Management, Bridal, Online Retail, Luxury, Discount, Variety, Logistics, Supply Chain Management, Technology, Delivery Services, Office Products, Publication, Use case, Digital divide, Environment, Magic Quadrant, Fujitsu, Development finance institution, Research, Korea Development Bank, Retail, 3D printing, Risk management, Maple syrup, Software, Gartner, Lenovo, Blue Yonder

That’s why Fujitsu Client Computing Limited , a leader in delivering world-changing technology, has embarked on a digital supply chain transformation journey using several Blue Yonder Planning solutions, including supply planning and sales & operations planning (S&OP) capabilities.

Key Points: 
  • That’s why Fujitsu Client Computing Limited , a leader in delivering world-changing technology, has embarked on a digital supply chain transformation journey using several Blue Yonder Planning solutions, including supply planning and sales & operations planning (S&OP) capabilities.
  • Needing a supply chain planning capabilities upgrade to meet the demands of today’s constantly changing environment, Fujitsu Client Computing turned to Blue Yonder for the solution.
  • Once fully implemented, Blue Yonder’s Planning solutions will enable Fujitsu Client Computing to improve efficiency and flexibility to accommodate the current environment and business needs across its supply chain.
  • Learn more about Blue Yonder’s Planning solutions, including supply planning and sales & operations planning (S&OP) capabilities
    1 Gartner, “Magic Quadrant for Supply Chain Planning Solutions,” Amber Salley, Tim Payne, Pia Orup Lund, Janet Suleski, 16 May 2022.

GOVERNMENT OF MONGOLIA: MONGOLIA BECOMES THE FIRST SINGLE-B RATED ISSUER FROM ASIA-PACIFIC TO SUCCESSFULLY ENTER THE INTERNATIONAL DEBT MARKETS IN 2023

Retrieved on: 
Thursday, January 12, 2023
Government, Development finance institution, Policy, Trade and Development Bank of Mongolia, USD, Risk, Samurai, Coal, Agriculture, Tourism, COVID-19, Renewable energy

This has come on the back of the debt regulation measures implemented in 2020 and 2021, which allowed the country to pay off its Chinggis Bond debt of USD$136.6m in December 2022.

Key Points: 
  • This has come on the back of the debt regulation measures implemented in 2020 and 2021, which allowed the country to pay off its Chinggis Bond debt of USD$136.6m in December 2022.
  • Commenting, the Finance Minister said: "the economic outlook for 2023 is positive [and so] foreign investors trust our government and our foreign debt management.
  • International exports are expected to increase by between 10-15% in 2023 as additional border ports are opened up.
  • 117m hectares of land have been allocated for agricultural purposes, presenting a substantial number of growth opportunities in the sector.

GOVERNMENT OF MONGOLIA: MONGOLIA BECOMES THE FIRST SINGLE-B RATED ISSUER FROM ASIA-PACIFIC TO SUCCESSFULLY ENTER THE INTERNATIONAL DEBT MARKETS IN 2023

Retrieved on: 
Thursday, January 12, 2023
Government, Development finance institution, Policy, Trade and Development Bank of Mongolia, USD, Risk, Samurai, Coal, Agriculture, Tourism, COVID-19, Renewable energy

This has come on the back of the debt regulation measures implemented in 2020 and 2021, which allowed the country to pay off its Chinggis Bond debt of USD$136.6m in December 2022.

Key Points: 
  • This has come on the back of the debt regulation measures implemented in 2020 and 2021, which allowed the country to pay off its Chinggis Bond debt of USD$136.6m in December 2022.
  • Commenting, the Finance Minister said: "the economic outlook for 2023 is positive [and so] foreign investors trust our government and our foreign debt management.
  • International exports are expected to increase by between 10-15% in 2023 as additional border ports are opened up.
  • 117m hectares of land have been allocated for agricultural purposes, presenting a substantial number of growth opportunities in the sector.

IWBI Launches the WELL Equity Rating to Advance Organizations and Places Where “Everyone Feels Welcome, Seen and Heard”

Retrieved on: 
Wednesday, November 30, 2022
Construction & Property, Human Resources, Professional Services, Building Systems, Alternative Energy, Energy, DEI (Diversity, Equity and Inclusion), Health, General Health, DE, Farkle, Shaw Industries, WELL, DEI, NEO, Forestry, Organization, ESG, Surgeon General of the United States, Conference, Social impact, Elliott District Community Government Council, International Institute for Environment and Development, Development finance institution, DOES, State University of New York at Purchase, International, Partnership for a Healthier America, Health, Environmental science, Sustainability, Inclusion, AHA, SIG, Certification, ESF, Capital, S, Health equity, AP, S&P Global, Disease, Innovation, Shaw, Research, Culture, GBH, State University of New York College of Environmental Science and Forestry, Community, EQUITY, Hope, Management, Renewable energy, Risk management

With the help of the Health Equity and WELL Concept Advisories, IWBI also developed new beta features and parts to strengthen the new offering.

Key Points: 
  • With the help of the Health Equity and WELL Concept Advisories, IWBI also developed new beta features and parts to strengthen the new offering.
  • This new designation will add to the suite of IWBI offerings that includes the WELL Health-Safety Rating and the WELL Performance Rating.
  • Each rating can be earned as a stand-alone designation or milestone toward a place-based WELL Certification or an organizations WELL Score.
  • In September, IWBIs Governance Council , the leadership body tasked with upholding the integrity of WELL through rigorous standard development criteria, unanimously ratified the WELL Equity Rating.