From Bloomberg Tiger Global is investing in messaging bots startup Gupshup at a $1.4 billion valuation, the latest in a string of major startup deals in India’s fast-growing mobile arena. The $100 million investment is the first since 2011 for Gupshup, which helps companies from Amazon.com Inc. to Xiaomi Corp. develop customer-relations chatbots on websites or services like WhatsApp. More investors[…]
From PitchBook DNA sequencing startup Oxford Nanopore Technologies is planning to list on the London Stock Exchange in the second half of the year. The UK-based company is expected to be valued at between £4 billion and £7 billion, the Financial Times reported. Oxford Nanopore has received more than £600 million in funding to date. […]
From Crunchbase Daily Pacaso, a startup aiming to make second-home purchases more accessible, has raised $75 million in new funding, bringing the company’s valuation to $1 billion. The company, which launched in October 2020, was founded by former Zillow executives Spencer Rascoff and Austin Allison. It helps people identify and buy second homes to co-own with other owners. Users can[…]
From Crunchbase Daily Improving financial well-being is on many people’s minds these days, and BrightPlan is redesigning its total financial wellness platform so employers can offer those services to their employees. Managing finances is a top stressor of employees, according to PwC. So, buoyed by a new $9.5 million Series A round of funding, San Jose, California-based BrightPlan is developing[…]
From Crunchbase News The U.S. IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion, according to a report from Renaissance Capital. Health care led in terms of deal flow, while the tech sector produced the most proceeds. The quarter produced a number of large IPOs for venture-backed companies, including gaming unicorn Roblox,[…]