Shippit, an Australia-based shipping and logistics startup, is likely to raise its Series B funding in the next six months to support its growth in Asia in 2018, co-founder and joint-CEO William On said.
Novoheart [TSX.V:NVH], a Vancouver-based biotechnology company focused on human heart engineering and therapeutics, will seek to raise up to CAD 10m in 2018 and has compiled a list of potential bankers to assist, said CFO Iris Lo.
When the puck sneaked past a Toronto Furies goaltender, many of the 1,850 fans at the Shenzhen Universiade Sports Center celebrated to the pulse of a Chinese pop song. Nearly 14,000 others were watching online, and the moment went viral on Chinese social media.
In the past couple of months, oil price seems to have stabilized around $50/barrel with a slight upward trend fueled by expectations that OPEC countries will extend the output limits beyond the original expiration date. Although market for new offshore facilities continues to be quiet, subsea development and tiebacks, as well as downstream and refinery market continue to be encouraging.
2017 marks the first year since 2013 that mining majors are seriously kicking the tires of Latin American mining assets. Revitalized miner balance sheets, positive trending metal prices and welcoming gestures from national governments all fuel the rising appetite for mining acquisitions in Latin America.