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Sibel Health Announces Close of New Series C Financing and New FDA 510(k) Clearance

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Sibel Health announces the close of new $30 million dollar Series C financing round led by the Steele Foundation for Hope with significant participation by Dräger.New FDA 510(k) clearance positions Sibel for commercial expansion in medical monitoring.Northwestern Medicine purchases Sibel systems to evaluate nurse workflow improvements and patient sleep quality with wireless wearable sensors.

CHICAGO, March 20, 2025 /PRNewswire/ — Sibel Health, an award-winning medical technology company, is pleased to announce the closing of $30 million in new equity financing and its 7th FDA 510(k) clearance. The equity financing was led by Sibel’s existing investors, the Steele Foundation for Hope and Dräger, to accelerate commercial deployment of the ANNE® One monitoring platform. “Given the very challenging financing environment, we are ecstatic to see our existing investors fund our entire round given their confidence in our product roadmap and growth trajectory,” says Steve Xu MD, cofounder and CEO of Sibel Health. The Steele Foundation for Hope previously led Sibel’s Series B round, adding an additional $20 million investment. Dräger, an international leader in medical and safety technology, previously led Sibel’s Series A round, contributing $10 million more in funding.

Enabled by advanced clinical-grade wearable sensors, the ANNE® One platform offers wireless monitoring of all vital signs for patients 12 years and older. This financing is timed to Sibel’s newest FDA 510(k) clearance enabling alarms and alerts along with a powerful central station. “We are especially proud of the fact that our sensors are FDA-cleared under the IEEE SDC 11073 standard, which supports open and secure communication between medical devices replacing traditional proprietary networks. Interoperability is the future and our hospital partners are increasingly demanding it,” notes Jong Yoon Lee, CTO and cofounder of Sibel Health. The ANNE® One platform is one of the first medical devices to receive FDA-clearance following the IEEE SDC 11073 standard. “Without interoperability of medical devices, particularly vital signs monitors like ours, we cannot capture the broader care context and realize the full potential of AI to detect patient deterioration earlier,” adds Steve Xu MD. Toni Schrofner, Chief Officer Medical Division at Dräger and Sibel board member, says: “We are pleased to further strengthen the cooperation between Dräger and Sibel through this investment. The possibility to integrate wireless, wearable sensors into the digital acute care ecosystem via the new connectivity standard ISO/IEEE 11073 SDC is an important milestone towards the future of patient monitoring along the entire patient care journey.

In early 2024, Sibel Health was awarded a $17.5 million dollar award grant from the Gates Foundation. Later in 2024, Sibel Health and Dräger Denmark was selected by the Capital Region of Denmark to provide continuous wireless monitoring in multiple Copenhagen area hospitals. In March of 2025, Sibel Health, a spinout of Northwestern University, is proud to also announce that Northwestern Medicine has acquired ANNE® One systems to evaluate improvements to both nursing workflow and patient sleep quality with wireless sensors.

About Sibel Health:
Sibel Health is an award-winning medical technology company with a mission to deliver Better Health Data for All®. Based in Chicago with an international office in Seoul, South Korea, Sibel Health is a leading provider of advanced monitoring solutions for patients of all ages in the home or hospital. In addition, Sibel Health offers novel digital health technologies for the pharmaceutical and clinical research markets. For more information, please visit us at www.sibelhealth.com and follow us on LinkedIn.

About Dräger. Technology for Life® 
Dräger is an international leader in the fields of medical and safety technology. Our products protect, support, and save lives. Founded in 1889, Dräger generated revenues of around € 3,4 billion in 2024. The Dräger Group is currently present in over 190 countries and has more than 16,000 employees worldwide. For more information, visit www.draeger.com.

About Steele Foundation for Hope:
Founded in 2021, the Steele Foundation for Hope strives to find and fund lasting solutions for some of humanity’s hardest challenges, with a strong belief that advances found through technology and innovation are key to improving quality of life.

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SOURCE Sibel Health

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Meizu Returns to Vietnam, Accelerating Southeast Asia Market Expansion

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HANOI, Vietnam, March 22, 2025 /PRNewswire/ — Meizu, in collaboration with Geely Auto, held a product launch event in Vietnam on March 21, accelerating its strategic expansion in Southeast Asia with its eco-products. Simultaneously, the Geely International EX5, a global smart pure-electric SUV equipped with the Flyme Auto smart cockpit system, is set to debut in Vietnam in the second quarter of 2025.

At the event, Meizu showcased its AI-powered eco-products, centered around AI smartphones and complemented by AR smart glasses, smart rings, smart watches, and other tech products to form a matrix that delivers a seamless smart lifestyle experience to Vietnamese users. Returning to the Vietnamese market marks a critical step in Meizu’s implementation of its overseas Flyme AI ecosystem strategy, underscoring Meizu’s technological capabilities and determination.

Since announcing its overseas Flyme AI ecosystem strategy at the global tech event MWC 2025, Meizu has rapidly expanded its global presence. Its products are now sold in over 30 countries and regions across Asia-Pacific, Latin America, the Middle East, Central Asia, Europe, etc. Cars equipped with Flyme Auto have been exported to the Middle East, Eastern Europe, Asia-Pacific, and other regions. The overseas ecosystem integrating “people, cars, and homes” has already reached a certain scale. In the first quarter of 2025 alone, Meizu has entered frontier markets such as the Philippines, Indonesia, Sri Lanka, and Australia.

Leveraging its visionary “smartphone + glasses + car” ecosystem, Meizu has secured three “No.1 in China“. It has doubled its AI-powered smartphone sales, seized the top market share for its smart glasses, and achieved the largest number of car models on the market that are equipped with the Flyme Auto smart cockpit operating system.

Being secure, unique, easy-to-use, and seamlessly connected, Flyme Auto will empower Geely Auto to deliver an innovative driving experience to Vietnamese consumers who value environmentally-friendly travel, advancing the realization of its vision of “building smart premium cars for everyone.” To date, Flyme Auto ranks among the smart cockpit operating systems supporting the most car models and covering the widest price range, with the car models equipped with Flyme Auto achieving total sales of more than 0.6 million cars. Flyme Auto has supported 22 car models in collaboration, and leads the industry in new ecosystem user growth, firmly ranking in the top tier of In-Vehicle-Infotainment (IVI).

At the event, Meizu unveiled multiple groundbreaking products, including AI smartphones such as Meizu Lucky 08, Meizu Note 22 Series, and Meizu Mblu 22 Series, and recently hot-selling tech products such as StarV Air2, StarV View, and StarV Ring 2. Through lightweight AI technologies and services, Meizu enables more consumers to have a more convenient and smarter experience.

Gu Binbin, Meizu’s Executive Director of Overseas Business, stated, “With our return to Vietnam, Meizu brings a comprehensive ecosystem of products that include not just smartphones, but also smart glasses, smart rings, and Flyme Auto, a smart IVI system supporting Geely’s global expansion. Meizu will increase investments in Vietnam to deliver more innovative products and services tailored to local consumers.”

Meizu is the smartphone brand of DreamSmart Group, which carries AI eco-products in three product areas, which are smartphones, XR and smart cars. With deep technological expertise in multiple industries, DreamSmart is recognized as a leader in smart ecosystems.

Meizu’s globalization strategy has been implemented step by step, and Vietnam is a critical step in DreamSmart’s localization development in Southeast Asia. Moving forward, Meizu will continue to fulfill its commitment to “returning to the global market”, and focus on expanding into an increasing number of frontier markets worldwide to deliver innovative products and services to users globally.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/meizu-returns-to-vietnam-accelerating-southeast-asia-market-expansion-302408494.html

SOURCE Meizu

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Xinhua Silk Road: Parallel Forum on Inclusive Finance and Approaches to New Energy Industrialization Development held in Beijing

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BEIJING, March 22, 2025 /PRNewswire/ — The Parallel Forum on Inclusive Finance and Approaches to New Energy Industrialization Development was held in Beijing on March 20.

As a side event of the 2025 Global South Financiers Forum, the forum, hosted by the Brand Work Office of Xinhua News Agency, China Economic Information Service, and Shanxi Branch of Xinhua News Agency, fostered diverse dialogues and exchanges under the theme of “Inclusive Finance and Approaches to New Energy Industrialization Development”, sharing experience and building consensus.

Klaus-Dieter Kaempfer, Chief Executive of Absa China, highlighted Absa’s efforts in driving economic growth across 12 African markets over 130 years. Absa established a non-banking subsidiary in Beijing a year ago to support Chinese enterprises and investors in exploring African markets.

China has become the world’s largest producer of electric vehicles, while Indonesia is also intensifying efforts in the regard, noted Mohammad Faisal, Executive Director of the Center of Reform on Economics (CORE Indonesia). CORE Indonesia has been conducting research in this field as an economic think tank, but considering the significant challenges faced by developing countries in promoting green energy and green industrialization, this forum serves as a valuable platform for mutual learning and experience sharing.

Lyuliang is leveraging its industrial strengths to foster new quality productive forces in the energy sector amidst green and sustainable development, according to Xiong Yizhi, mayor of Lyuliang City. By introducing favorable policies and innovative financial products, Lyuliang has accelerated its new energy industry development, with new energy installation capacity now accounting for over 30 percent of its total.

Zheng Peng, Chairman and President of Pengfei Group, delivered a keynote speech on the company’s effort in green development. As one of China’s top 500 enterprises, it follows China’s dual carbon goals and Shanxi’s hydrogen energy development plan.

During the event, China Economic Information Service unveiled the China (Xiaoyi, Lyuliang) Hydrogen Energy High-quality Development Index Report during the event. The index, which monitors high-quality hydrogen energy development at both national and local levels, showed steady growth from 2021 to 2023.

Besides, a roundtable session of the forum brought together renowned financiers and government representatives to explore the role and mechanism of inclusive finance in advancing new energy industrialization.

Original link: https://en.imsilkroad.com/p/344869.html

SOURCE Xinhua Silk Road

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/R E P E A T –Desjardins Group Annual General Meetings: Interview with Guy Cormier

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MONTREAL, March 19, 2025 /CNW/ – Members of the media are invited to register for an interview with Guy Cormier, President and CEO of Desjardins Group during the cooperative’s annual general meetings, on Saturday, March 22. To do this, you’ll need to send an email at media@desjardins.com, by 4 p.m. on Friday, March 21, 2025.

This year’s general meeting will have a special feel to it, as it will be the last meeting chaired by Guy Cormier as president and CEO. It will also officially kick off festivities to mark Desjardins’s 125th anniversary.

The interviews will start at 12:30 p.m. and Guy Cormier’s public address will be broadcast around 4 p.m. on the Desjardins Facebook page.

Event details (registration required):

DATE: Saturday, March 22, 2025

PLACE: Québec City Convention Centre, 1000 Boulevard René-Lévesque Est, Quebec City QC  G1R 5T8

TIME:
12:30 p.m. – Interviews with Guy Cormier, President and CEO
4 p.m. – Public address broadcast on the Desjardins Group Facebook page 

About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the sixth largest in the world, with assets of $470.9 billion as at December 31, 2024. With more than 55,200 skilled employees, it has been named one of the top employers in Canada by both Forbes magazine and Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world’s strongest financial institutions according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry. In 2025, Desjardins Group is celebrating its 125th anniversary, marking more than a century of focusing its ambitions and expertise on being there for members and clients.

SOURCE Desjardins Group

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