Cloopen, also known as Ronglian and Yuntongxun, priced its shares at $16 to raise $320m in an initial public offering that provided an exit for Telstra Ventures and New Oriental.
Month: February 2021
Adagene advances to IPO
WuXi AppTec and New World Development-backed Adagene has raised close to $140m in its initial public offering after having secured $155m in equity financing.
Owlet grows into public company
Amazon-backed Owlet Baby Care has agreed to a reverse merger with special purpose acquisition company Sandbridge for a post-deal valuation of $1.39bn.
Metropolis parks $41m series A
DivcoWest and RXR Realty have contributed to a $41m series A round for the mobility technology developer that has now raised more than $60m.
Eavor heats up with $40m
Investments from BP and Chevron will support the thermal energy technology developer’s goal of supplying 10 million homes’ worth of power by the end of the decade.
Koa Health closes $36m series A
The Telefónica-backed digital mental health services provider has secured an extension to close its series A round at $36m.
Redefine Meat categorises $29m in series A
Lee Kum Kee Products’s Happiness Capital has co-led a series A round for the provider of 3D-printed meat substitutes.
Synthetix gets $12m
Coinbase Ventures has invested in the decentralised trading platform through the purchase of its native tokens.
Labelbox to leverage $40m series C
Google’s Gradient Ventures has returned to help bring the total financing for AI data training platform developer Labelbox to $79m.
PatientsLikeMe picks up $26m
Optum has co-led a $26 round for the health network provider, whose existing shareholders include iCarbonX.
Dev-ops: what is next?
Comment from Venkat Raghavan and Anik Bose, Benhamou Global Ventures
Mogo agrees to Coinsquare investment
Mogo has agreed to buy a nearly 20% stake in the cryptocurrency trading platform operator and will have the right to double this through a secondary transaction.
How to orchestrate quantum computers
Q&A with Itamar Sivan, the co-founder of Israel-based quantum computer orchestration technology developer Quantum Machines.
Quantum computers poised to revolutionise chemistry
Nature’s laws of physics are difficult to replicate through an arrangement of binary computer switches, no matter how many of the switches we have access to.