The Tencent and Baidu-backed livestreaming app saw its shares almost triple on the first day of trading and is now valued at about $160bn.
Month: February 2021
23andMe links to Virgin in $3.5bn reverse merger
The corporate-backed genetic testing service is joining forces with an NYSE-listed special purpose acquisition company sponsored by Virgin Group.
Sana Bio plants itself on public markets
The Alphabet-backed immunotherapy developer secured nearly $588m in what was reputedly the largest ever flotation for a preclinical life sciences company.
Payoneer presents $3.3bn reverse merger
The Ping An and SIG-backed cross-border payment services provider will list on the Nasdaq Capital Market through the merger with FTAC Olympus Acquisition Corp.
Hudson MX harnesses Ascential investment
Ascential has invested in Hudson MX for the second time, as part of a $63.5m round that will fund the growth of its media purchasing and accounting platform.
Touchcast takes in $55m
Accenture Ventures was among the investors in a round that will support the expansion of Touchcast’s virtual events platform.
LeaseLock keys in $52m for series B
SoftBank has joined existing investors Liberty Mutual and American Family to back the property insurance platform provider’s latest round.
Tovala whips up $30m
Comcast Ventures upped its stake in Tovala as part of a round that brought the company’s overall funding past the $60m mark.
DroneDeploy flies into $50m series E
The aerial data technology developer’s latest round was co-led by returning investor Energize Ventures and brought its total funding to $142m.
Mysec organises series B round
Legend Star-backed online security software provider Mysec secured $15.5m in a round co-led by Hillhouse Capital and Jiangmen Ventures.
Infinitus appears with series A financing
The healthcare RPA technology developer has revealed $21.4m in funding from investors including Gradient Ventures, where founding CEO Ankit Jain used to work.
BMW helps send series A cash to Vendia
The data sharing platform developer raised $15.5m in a Canvas Ventures-led round that included BMW i Ventures.
MS-Japan recruits Hayate for fund
The $19.3m MS Hayate Fund will be jointly run by Matching Service Japan and Hayate Investment for a period of up to nine years.
Luckett promoted at Aviva
Ben Luckett has ascended to chief innovation officer of Aviva while Ant Barker will oversee Aviva Ventures’ activities.