The Relx-backed data miner could double its valuation to $41bn in the proposed offering, according to prospective underwriters.
Author: Robert Lavine
Robert Lavine is special features editor for Global Venturing.
36Kr confirms $144m fund
The technology media company and data and business services provider has been operating a $144m fund for almost a year and backed 25 companies.
SI-Bone burrows into public markets with $108m IPO
The Novo-backed surgical implant provider floated at the top of its range and increased the number of shares in the offering.
Corporates drive Momenta to $1bn valuation
Tencent and existing backer Nio Capital both invested as autonomous driving software developer Momenta took its overall funding to $200m.
Cloud9 beams up $50m
The eSports team manager has added series B funding to a 2017 series A backed by WWE, FunPlus, Beverly Hills Sports Council and UTA Ventures.
Thread pulls out $22m from series B round
Men’s styling and fashion e-commerce platform Thread has now raised $40m altogether, having secured funding from H&M Co:Lab among others.
SoftBank Vision Fund seeks $9bn in debt
The fund is reportedly lining up the debt financing from the banks serving as underwriters for the $27bn IPO of SoftBank’s wireless division.
Swiggy gets ready to swallow $900m
The food ordering platform has reportedly drawn up a term sheet for a $900m primary and secondary round led by Naspers and backed by Tencent.
Careem clears $200m in new funding
Al Tayyar and Rakuten are reportedly among the existing investors that provided $200m for on-demand ride platform Careem at a $2bn valuation.
Kymco kicks in $65m for Twenty Two Motors
The two-wheeled vehicle producer is acquiring a stake greater than 25% in electric scooter developer and new strategic partner Twenty Two.
Equillium enters public markets
Existing investor Biocon bought more shares in a $65.4m offering that involved the immuno-inflammatory disorder drug developer floating at the bottom of its range.
Stratifyd straightens up with $25m series B
Tencent-backed customer analytics platform developer Stratifyd has now raised $36m altogether and will use the latest funds for product development and international growth.
Uber and Lyft take another step toward public markets
Banks have reportedly suggested a $120bn valuation for Uber’s IPO, while Lyft has chosen JP Morgan to lead an offering that could value it at more than $15bn.
Instacart bags up $600m
The grocery delivery service, which counts Amazon, American Express and Comcast as investors, has increased its valuation 75% to $7.6bn in just six months.