The 2021 Equinor and Techstars Energy Accelerator, which also counts Kongsberg and Capgemini as backers, has selected 10 companies for its newest batch.
Month: February 2021
Whales English drifts to series B-plus round
New Oriental Education and Technology has led a round likely sized at approximately $18.6m, which will support development of Whales English’s online English learning offering.
Creating a two-sided market
Creating a two-sided market is hard. Investors want to see quality dealflow while entrepreneurs want to know enough capital could be available if their pitch is right.
Sana Bio sets $345m IPO target
The GV-backed stem cell drug developer has set terms for an initial public offering that would raise between $300m and $345m.
Roblox puts public markets plans on hold
The Tencent and WMG-backed game development platform operator, valued at $29.5bn as of last month. is pausing its direct listing plans due to regulatory scrutiny.
Newlink gets $100m funding transmission
Nio Capital contributed to a late-stage round that hiked the new energy service provider’s overall funding to approximately $466m.
Tanium taps into $150m in funding
The Salesforce Ventures and Citi Ventures-backed endpoint security software provider received the funding from Ontario Teachers’ Pension Plan Board.
OwnBackup stores series D funding
Salesforce Ventures has returned to back a $168m round for OwnBackup, valuing the data backup technology provider at $1.4bn.
SoftBank jets into Miami with $100m
The corporate is setting up a $100m investment vehicle that will back companies operating in or relocating to the Miami area.
Coinbase chooses direct listing option
The New York Stock Exchange, BBVA, Docomo Capital and USAA-backed crypto trading platform operator is changing tack from an IPO to a direct listing.
Rapid7 wraps up $50m Alcide acquisition
Elron and Intel have exited the networking security technology developer in a $50m acquisition by Rapid7 following some $12m of funding.
Sitetracker locates $42m for series C
Invenergy, National Grid, Salesforce, Wells Fargo and Deutsche Telekom participated in the asset-tracking software developer’s latest round, which brought its total funding to $92m.
Ukko unveils $40m series B
Lepas by Bayer led a round for anti-allergy drug and food treatment developer Ukko that also featured Continental Grain.
Launching the GoFurther Index
To celebrate the 200th anniversary of the founding of the world’s first mechanics’ institute and the UK’s foundational role in the first industrial revolution, UMi, the Centre for Process Innovation (CPI) and Mawsonia, publisher of Global Corporate Venturing (GCV), will host a one-day’s conference on how technology and innovation capital springing from the north of England and Scotland can transform society again.