In a statement software maker SpotOn said, it had raised $300 million in a late-stage funding round led by investment firm Dragoneer, which valued the company at $3.6 billion. The fundraiser also saw participation from growth-stage venture capital fund G… Read More ›
In a statement The Boring Company said, it has raised $675 million in a Series C funding round, which valued the company at $5.675 billion. Elon Musk’s tunnelling company said, it will use the proceeds to ramp up hiring across… Read More ›
South Korean battery maker LG Energy Solution has opened its books for an initial public offering in the country with an aim to raise up to $10.8 billion in what is South Korea’s biggest IPO. LG Energy’s shares will be… Read More ›
As per a report from the Wall Street Journal, the Bank of Montreal is in advanced talks to acquire the U.S. arm of French bank BNP Paribas SA. An agreement could emerge as early as this week, if the talks… Read More ›
In a statement Social media giant Reddit said, it had filed a confidential proposed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Reddit, known for its message boards that became the go-to destination for… Read More ›
According to two sources familiar with the matter at hand, LG Energy Solution (LGES) is likely to place its IPO at the top of its indicative range at around $11 billion. Institutional investors are betting heavily on booming demand for… Read More ›
In a joint statement, self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V said, they are calling off their merger given the regulatory environment outside the US. Earlier this year in May, Plus had said it would go… Read More ›
According to a report from Bloomberg citing sources familiar with the matter at hand, Carlyle Group Inc is weighing options which includes either an initial public offering (IPO) for its packaging unit Novolex Holdings or a $6 billion sale. Carlyle Group… Read More ›
According to two sources familiar with the matter at hand, Brazil’s Nubank is seeking a valuation above %55.4 billion in its planned U.S. initial public offering. In Nubank’s recent funding round, led by Berkshire Hathaway Inc, Nubank was valued at… Read More ›
On Friday, US delivery giant FedEx Corp said it will make $100-million in equity investment in Indian e-commerce logistics startup Delhivery as part of a long-term commercial agreement. As part of the deal, SoftBank-backed Delhivery will sell FedEx Express’ international… Read More ›
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