Sompo, Fujitsu and Relx-backed Palantir went public yesterday and fetched a $20.6bn valuation – only marginally above the $20.3bn it was worth in 2015.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
BioCatch pushes series C to $168m
Barclays, Citi, HSBC and National Australia Bank have provided a $20m extension, joining a round already backed by CreditEase and American Express Ventures.
Sendinblue picks up $160m series B
Caloga-backed Sendinblue has added $160m to its coffers thanks to investors including Bpifrance and BlackRock.
Alkami accesses $140m round
Fidelity has contributed to a $140m funding round for Alkami, which has built a cloud-based digital banking platform and has now raised $365m overall.
McAfee to return to stock market
The cybersecurity company was once listed on NYSE, before an acquisition by Intel and a subsequent spinoff, and has now put a $100m placeholder figure on its planned IPO.
JD Health jets towards IPO
JD.com’s healthcare spinoff has filed for an initial public offering after raising more than $1.9bn in equity funding from investors including Hillhouse Capital and Citic Capital.
Inspiration Capital sparks $73m fund
Hexing Electrical, CSD Environment, Hailang Group and SIG are among the limited partners in a $73m fund raised by Qiming spinoff Inspiration Capital.
ShipBob signs for series D package
SoftBank has led a $68m series D round for ShipBob through its Vision Fund 2, more than doubling the logistics company’s total equity to over $130m.
Mosa Meat starts cooking up series B
Bell Food Group and M Ventures have contributed to an initial $55m series B tranche for the cultured meat developer spun out of Maastricht University.
SF Holdings helps package $308m fund
SF Holdings has joined forces with Citic Capital’s CCRE China Logistics to form a $308m fund that will focus on the logistics sector.
Logicreation thinks through $152m IPO
Tencent and Heyi Group are among the investors in line for an exit as Logicreation files to go public in China.
New Ruipeng picks up funding
Tencent has led a round worth hundreds of millions of dollars for New Ruipeng, which is now valued at $4.4bn and also backed by Boehringer Ingelheim and Country Garden.
XtalPi calculates $319m series C
SoftBank Vision Fund 2, PICC Group and Morningside Venture Capital co-led the round, which also attracted Tencent, China Life Insurance, SIG China and others.
Investors deliver $300m to Rappi
Delivery Hero and SoftBank-backed Rappi has picked up more than $300m from a group of investors including T. Rowe Price Associates.