The Baupost Group has invested in the SIG and Gruner + Jahr-backed content discovery technology provider, which is set to float in an IPO this year.
Month: July 2021
Mmhmm tastes $100m in series B funding
The online video tool developer, which counts Digital Garage and Aglaé Ventures as existing investors, secured $100m in a SoftBank Vision Fund 2-led round.
Younited Credit banks $170m in funding
AG2R La Mondiale helped the technology-powered lending platform secure fresh funding which has taken the overall capital raised by the company to $400m.
Verkor verifies $118m in funding
Renault co-led a round for the electric vehicle battery developer, investing alongside fellow corporates Arkema, Capgemini, Schneider Electric, Tokai Cobex and Groupe Idec.
Hefu Noodle cooks up $124m series E
Tencent Investment and Longfor Capital have returned to reinvest in the Chinese noodle restaurant chain, eight months after co-leading its series D round.
Glossier gets $80m in series E round
The Endeavor-backed cosmetics brand raised its latest funding at a $1.8bn valuation, increasing its overall funding to $266m.
The Trade Desk tries corporate venturing
The digital advertising technology provider has launched a venture capital unit which has already completed its first investment.
Daily Deal Round Up: July 7, 2021
Drug discovery technology developer Standigm added $10m to the cash it raised from SK Chemicals last week while Six FinTech Ventures helped fintech software provider Toqio secure $9.4m.
SentinelOne extends IPO past $1.4bn
The Samsung and Qualcomm-backed cybersecurity technology producer added over $180m to a $1.22bn offering last week.
Nextdoor elects to pursue $4.3bn reverse takeover
The valuation is double that at which the Alphabet, Comcast and Axel Springer-backed, neighbourhood-focused social network last raised money.
SoftBank supports AnyVision in $235m round
SoftBank Vision Fund 2 co-led a round for surveillance technology provider AnyVision, which counts Qualcomm and Robert Bosch as existing backers.
Satellogic launches $850m reverse merger
The Tencent-backed geospatial data technology developer will acquire a Nasdaq listing through the transaction, giving it an $850m implied enterprise value.
Sophia Genetics puts IPO plans in motion
Swisscom and Hitachi-backed genomic data technology provider Sophia has filed to go public following some $250m in venture funding.
Rallybio readies initial public offering
Mitsui and Nan Fung could exit the rare disease drug developer, which is set to float on the Nasdaq Global Select Market having set a $100m placeholder target.