BANGKOK, Sept. 24, 2025 /PRNewswire/ -- On September 17th, 2025, the "2025 Zhejiang International Trade Exhibition (Thailand)" hosted by the Zhejiang Provincial Department of Commerce was officially kicked off at the prestigious IMPACT Exhibition Center in Bangkok, Thailand. At the official opening ceremony, guests of honor from Electrical and Electronics Industry Club, The Federation of Thai Industries and Ministry of Energy presided to witness this grand and momentous occasion and partook in a special VIP tour of the exhibition, setting the stage for what promises to be a landmark event in international trade. The guests of honor highly complimented products of Zhejiang Province particularly the renowned homegrown brands and fully affirmed the exceptional brand image of "quality Zhejiang goods".
Zhejiang has successfully held the Zhejiang International Trade Exhibition (Thailand) in Bangkok, Thailand for three consecutive years. The exhibition highlights the competitive advantages of Zhejiang's lighting, smart city, smart living and related industries, and perfectly aligned to the theme of "Zhejiang Made All Need". It offers Thailand an excellent opportunity to connect with top-quality manufacturing enterprises championed from Zhejiang province. In particular, Zhejiang intelligent manufacturing brands represented by Hikvision, Tuya, Roleds, and Evermore, showcased cutting-edge innovative products in various application of smart cities, highlighting the achievement of Zhejiang's traditional industries in the field of technology breakthrough.
In addition to the pioneering brands such as Hikvision and Dahua Technology which have already been rooted in Thailand market, in recent years, Tuya, as a unicorn enterprise in the Chinese industry, has joined hands with leading Thai companies such as SCG and T3 Technology to promote the development of smart homes in Thailand and become an ally in advancing Thailand's IoT ecosystem.
Thailand is China's third largest trading partner in ASEAN, and China has also been Thailand's largest trading partner for 10 consecutive years. Since November 2022, China and Thailand have established a comprehensive strategic cooperative partnership to foster bilateral economic and trade cooperation. This year marks the auspicious 10th year anniversary of the "the Belt and Road" initiative, riding on the shared vision of deepening Sino-Thai cooperation in this new era. This milestone has accelerated economic exchange and trade development between Zhejiang and Thailand and unlocked new opportunities between both regions.
As a major economic powerhouse and a key foreign trade hub in China, Zhejiang is well-positioned to drive and benefit from this enhanced collaboration. At this exhibition, Zhejiang proudly showcase its cutting edge smart city solutions, innovative smart living products, advanced urban lighting engineering products, LED lighting, power products and many more.
The three-day exhibition is anticipated to unite over a thousand companies, including buyers and sellers, fostering enhanced business connectivity through industry forums, conferences, VIP delegations, face-to-face meetings, and other engaging opportunities. According to incomplete statistics, the number of pre-registered buyers has exceeded expectation.
In the next two days, Zhejiang enterprises will enjoy extended business network with hosted VIP buyers and visitors through multiple exhibition touchpoints including dedicated booths with products showcase and demo, face-to-face meetings at the business matching zone, and online meeting invitations with hosted VIP buyers and visitors. Exhibitors are enthusiastic and eagerly anticipating the chance to explore new business opportunities to witness the success of this exhibition.
Zhejiang International Trade Exhibition is co-located with ASEAN Light + Design Expo 2025, organized by IMPACT.
PR Newswire is one of the official media partners of ASEAN Light + Design Expo.
For more information, please contact us via LINE @aseanlight or Facebook: https://www.facebook.com/aseanlight.designexp or visit event website at https://www.aseanlightdesignexpo.com/
About the organizer
IMPACT Exhibition Management Co., Ltd. is the leading exhibition organiser in Thailand. We organise and manage professional trade and public exhibitions, conferences, meetings and training, working in hand with international trade associations, organisers, and corporations across a broad spectrum of industries.
MEX Exhibitions Pvt. Ltd. is an international trade show organizer with over four decades of experience in the advertising industry, more than 27 years in publishing, and 20 years in trade fair organization. The company has successfully organized over 100 exhibitions across various industries, collaborating with multiple sectors, while also publishing a range of reputable magazines and business directories. Its successful exhibitions have been staged across India, Dubai, Singapore, and Thailand.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Official Opening of the 2025 Zhejiang International Trade Exhibition (Thailand）
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GMCL's IPO Opportunities Fund targets investments in AI, decentralized finance technologies, and new-age energy solutions in companies with a market capitalization between USD 5 billion and USD 20 billion
BOSTON, May 7, 2026 /PRNewswire/ -- Global Millennial Capital Ltd. (GMCL) has announced the final closure of its inaugural IPO Opportunities Fund at USD 100 million, raised through a private placement offering to institutional and professional investors. The fund is designed to provide exposure to late-stage, technology-driven companies approaching potential liquidity events, with a particular focus on mid-cap businesses typically valued between USD 5 billion and USD 20 billion. These segments are increasingly attractive as technology adoption accelerates, yet capital allocation remains less concentrated compared to large-cap markets.
The launch of the fund reflects a broader structural shift in global capital markets. Technology companies are remaining private for longer periods while achieving greater scale, revenue visibility, and operational maturity before entering the public markets. This dynamic has created a distinct opportunity for investors to access high-quality companies at a stage where risk is more defined than early-stage investing, while still retaining meaningful upside potential.
According to Andreea Danila, Head of Investment and Research at Global Millennial Capital, the expansion of mid-cap technology businesses is particularly evident at the intersection of artificial intelligence, decentralized finance technologies, new age energy solutions, and data. These companies, while often overlooked by both large-cap allocators and early-stage investors, are increasingly positioned at critical inflection points in their growth trajectories. The fund's strategy is therefore focused on identifying and supporting such businesses during the final stages of value creation ahead of an IPO or strategic transaction.
The fund's sector focus reflects areas where technology is driving systemic change across both financial services and the real economy. Key themes include artificial intelligence, decentralized finance, cybersecurity, enterprise software, and next-generation energy infrastructure. These sectors are increasingly interconnected, with advances in data, automation, and digital infrastructure reshaping how capital is allocated, how services are delivered, and how value is created.
The investor base of the GMCL IPO Opportunities Fund reflects global capital flows into technology and innovation. Participants include family offices and institutional investors from Saudi Arabia, Kuwait, and Qatar, alongside existing GMCL investors and international wealth management partners. The fund is designed to provide diversified exposure across geographies and business models.
Global Millennial Capital's investment team brings experience across venture capital, private equity, and capital markets, with particular expertise in managing investments through the transition from private to public ownership. This includes structuring late-stage investments, assessing IPO readiness, and navigating liquidity pathways, including both public listings and strategic exits.
Important Information
The Fund is registered as a private investment fund under the laws of the British Virgin Islands. Registration by the British Virgin Islands Financial Services Commission (the "FSC") does not constitute approval or endorsement of the Fund by the FSC.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any interests in the Fund or any other security. Any such offer or solicitation will be made only pursuant to the Fund's confidential offering documents, which should be reviewed in their entirety, including the risk factors described therein.
Interests in the Fund are offered on a private placement basis only to a limited number of investors who meet applicable eligibility requirements, including professional or sophisticated investors, and are subject to restrictions on transfer and resale.
No invitation is made to the public to subscribe for interests in the Fund. The Fund is closed to new investors.
This press release is not directed at, and should not be distributed to or relied upon by, any person in any jurisdiction where such distribution or use would be contrary to applicable law or regulation. Interests in the Fund have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, such registration requirements.
Certain statements in this release may constitute forward-looking statements. These statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties. Actual results may differ materially. No representation or warranty is made as to the accuracy or completeness of such statements.
Past performance is not indicative of future results. There can be no assurance that the Fund will achieve its investment objectives or that investors will receive a return of their capital.
About Global Millennial Capital Ltd.
Global Millennial Capital Ltd. is a venture capital firm registered with the British Virgin Islands Financial Services Commission and headquartered in Boston, United States, with a global mandate to invest across transformative technology sectors. GMCL focuses on research-driven IPO and growth-stage investments in high-potential companies spanning artificial intelligence, decentralized finance, blockchain, software, fintech, cybersecurity, next-generation energy, and other emerging technologies shaping the future economy.
Disclaimer
Global Millennial Capital Ltd. is affiliated with the GMCL IPO Opportunities Fund (the "Fund"), which is registered as a private investment fund under the laws of the British Virgin Islands. Registration of the Fund by the British Virgin Islands Financial Services Commission does not constitute approval or endorsement of the Fund.
No part of this article is intended to constitute, or may be relied upon as, investment advice, an investment recommendation, an offer to sell, or a solicitation of any offer to buy any security or adopt any investment strategy. Any investment in the Fund will be made solely on the basis of the Fund's confidential offering documents.
Global Millennial Capital Ltd. is not registered as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended.
GMCL's IPO Opportunities Fund targets investments in AI, decentralized finance technologies, and new-age energy solutions in companies with a market capitalization between USD 5 billion and USD 20 billion
BOSTON, May 7, 2026 /PRNewswire/ -- Global Millennial Capital Ltd. (GMCL) has announced the final closure of its inaugural IPO Opportunities Fund at USD 100 million, raised through a private placement offering to institutional and professional investors. The fund is designed to provide exposure to late-stage, technology-driven companies approaching potential liquidity events, with a particular focus on mid-cap businesses typically valued between USD 5 billion and USD 20 billion. These segments are increasingly attractive as technology adoption accelerates, yet capital allocation remains less concentrated compared to large-cap markets.
The launch of the fund reflects a broader structural shift in global capital markets. Technology companies are remaining private for longer periods while achieving greater scale, revenue visibility, and operational maturity before entering the public markets. This dynamic has created a distinct opportunity for investors to access high-quality companies at a stage where risk is more defined than early-stage investing, while still retaining meaningful upside potential.
According to Andreea Danila, Head of Investment and Research at Global Millennial Capital, the expansion of mid-cap technology businesses is particularly evident at the intersection of artificial intelligence, decentralized finance technologies, new age energy solutions, and data. These companies, while often overlooked by both large-cap allocators and early-stage investors, are increasingly positioned at critical inflection points in their growth trajectories. The fund's strategy is therefore focused on identifying and supporting such businesses during the final stages of value creation ahead of an IPO or strategic transaction.
The fund's sector focus reflects areas where technology is driving systemic change across both financial services and the real economy. Key themes include artificial intelligence, decentralized finance, cybersecurity, enterprise software, and next-generation energy infrastructure. These sectors are increasingly interconnected, with advances in data, automation, and digital infrastructure reshaping how capital is allocated, how services are delivered, and how value is created.
The investor base of the GMCL IPO Opportunities Fund reflects global capital flows into technology and innovation. Participants include family offices and institutional investors from Saudi Arabia, Kuwait, and Qatar, alongside existing GMCL investors and international wealth management partners. The fund is designed to provide diversified exposure across geographies and business models.
Global Millennial Capital's investment team brings experience across venture capital, private equity, and capital markets, with particular expertise in managing investments through the transition from private to public ownership. This includes structuring late-stage investments, assessing IPO readiness, and navigating liquidity pathways, including both public listings and strategic exits.
Important Information
The Fund is registered as a private investment fund under the laws of the British Virgin Islands. Registration by the British Virgin Islands Financial Services Commission (the "FSC") does not constitute approval or endorsement of the Fund by the FSC.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any interests in the Fund or any other security. Any such offer or solicitation will be made only pursuant to the Fund's confidential offering documents, which should be reviewed in their entirety, including the risk factors described therein.
Interests in the Fund are offered on a private placement basis only to a limited number of investors who meet applicable eligibility requirements, including professional or sophisticated investors, and are subject to restrictions on transfer and resale.
No invitation is made to the public to subscribe for interests in the Fund. The Fund is closed to new investors.
This press release is not directed at, and should not be distributed to or relied upon by, any person in any jurisdiction where such distribution or use would be contrary to applicable law or regulation. Interests in the Fund have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, such registration requirements.
Certain statements in this release may constitute forward-looking statements. These statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties. Actual results may differ materially. No representation or warranty is made as to the accuracy or completeness of such statements.
Past performance is not indicative of future results. There can be no assurance that the Fund will achieve its investment objectives or that investors will receive a return of their capital.
About Global Millennial Capital Ltd.
Global Millennial Capital Ltd. is a venture capital firm registered with the British Virgin Islands Financial Services Commission and headquartered in Boston, United States, with a global mandate to invest across transformative technology sectors. GMCL focuses on research-driven IPO and growth-stage investments in high-potential companies spanning artificial intelligence, decentralized finance, blockchain, software, fintech, cybersecurity, next-generation energy, and other emerging technologies shaping the future economy.
Disclaimer
Global Millennial Capital Ltd. is affiliated with the GMCL IPO Opportunities Fund (the "Fund"), which is registered as a private investment fund under the laws of the British Virgin Islands. Registration of the Fund by the British Virgin Islands Financial Services Commission does not constitute approval or endorsement of the Fund.
No part of this article is intended to constitute, or may be relied upon as, investment advice, an investment recommendation, an offer to sell, or a solicitation of any offer to buy any security or adopt any investment strategy. Any investment in the Fund will be made solely on the basis of the Fund's confidential offering documents.
Global Millennial Capital Ltd. is not registered as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Global Millennial Capital Raises USD 100 Million to Fund New-Age Technology Leaders in Underpenetrated Mid-Cap Segments
