From Bloomberg Plant-based food startup Eat Just Inc. raised $200 million in new financing as consumer demand surges for alternative proteins. Qatar’s sovereign wealth fund led the round, which also included Charlesbank Capital Partners and Vulcan Capital, Eat Just said Tuesday. Representatives of Qatar Investment Authority and Charlesbank will join the company’s board. The new funds will be used by Eat[…]
From Crunchbase News: Cell-based meats are becoming increasingly popular as our food system is being disrupted by innovation. Subscribe to the Crunchbase Daily Many of the facets of its future were discussed this week at the virtual Future Food-Tech conference, which gathered food business leaders, venture capital investors and food tech innovators into conversations around innovation[…]
From theblockcrypto Quick Take Coinbase has filed an amended S-1 form, disclosing that it has registered about 115 million shares for its direct listing. The revised form doesn’t yet mention a date at which Coinbase’s shares will get listed on Nasdaq. Crypto exchange Coinbase filed an amended S-1 form early Wednesday, disclosing that it has[…]
From Pitchbook: Coupang surged over 40% in its trading debut, valuing the South Korean ecommerce company at $88.3 billion on a fully diluted basis. Coupang raised $4.6 billion in its IPO, one of the year’s biggest, after pricing its shares at $35 apiece. Shares closed Thursday at $49.25 each on the NYSE. SoftBank‘s 33% stake in[…]
From Pitchbook: Roblox has completed its long-awaited direct listing on the NYSE, with shares closing at $69.47 for a fully diluted value of $45.3 billion—a gargantuan valuation for a video game company that rose to prominence and saw massive growth during the pandemic. Roblox’s valuation in its debut makes it the most valuable gaming company to[…]
From Crunchbase news: BlockFi valued at $3B after $350M Series D Financial services company BlockFi, which provides zero-fee trading and crypto-based interest accounts, announced $350 million in Series D funding, co-led by Bain Capital Ventures, DST Global, Pomp Investments and Tiger Global, to give the company a $3 billion valuation. Additional backers in the round include Valar Ventures, Breyer Capital, Susquehanna Government Products, Jump Capital and Paradigm.[…]
From ENR: Carpinteria, Calif.-based construction-management technology provider Procore filed papers on Feb. 26 with the Securities and Exchange Commission for an initial public offering of common stock. Procore intends to list its common stock on The New York Stock Exchange under the ticker symbol “PCOR.” The move comes about a year after Procore last filed for an[…]
From Pitchbook Swedish fintech company Klarna has raised $1 billion at a $31 billion valuation, cementing its position as the most valuable VC-backed company in Europe, according to PitchBook data. The new price tag is nearly triple the $10.65 billion valuation Karna received in September after raising $650 million. The latest round drew both new and existing investors,[…]
From Zero Hedge: Well, we might finally have an answer as to why Robinhood CEO Vlad Tenev was so eager to go on a non-stop PR tour over the last few weeks – one that included everything from testifying in front of congress to appears with Dave Portnoy on Barstool Sports. Because despite all of[…]