Late Stage Mature Pre IPO Unicorns - PreIPOSwap.com

California-based SmartStop Self Storage REIT files for a $100 million IPO

By Renaissance Capital, SmartStop Self Storage REIT, a self storage REIT with 171 owned and managed properties across the US and Canada, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company owns and operates self storage facilities in the US and Canada, primarily in MSAs across[…]

Singapore-based JE Cleantech Holdings prices US IPO at $4

By Renaissance Capital, JE Cleantech Holdings, which makes cleaning equipment and provides dishwashing and cleaning services in Singapore, raised $15 million by offering 3.8 million shares (20% secondary) at $4, as expected. JE Cleantech has been selling cleaning systems since 2005 and makes a broad range of products, including aqueous washing systems, plating and cleaning[…]

Coffee chain Reborn Coffee seeking to raise up to $40M in IPO

By Val Kennedy,      Coffee chain Reborn Coffee (REBN) has filed to raise up to $40M through an initial public offering. Reborn said in a filing that it intends to offer 15M units, with each unit consisting of one share plus one warrant to buy one share at 125% the public price. The price range was not[…]

Malaysian e-payment app Treasure Global files for a $29 million IPO

By Renaissance Capital, Treasure Global, which provides an e-payment app in Malaysia that offers instant rebates, filed on Tuesday with the SEC to raise up to $29 million in an initial public offering. Treasure Global’s e-payment application, ZCITY App, is designed to offer consumers and merchants instant rebates and affiliate cashback programs, while providing a[…]

Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys 7Bn val

From CNBC: Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in[…]

Excelerate Energy prices IPO at $24, the high end of the range

By Renaissance Capital, Excelerate Energy, which operates LNG storage and regasification infrastructure in emerging markets, raised $384 million by offering 16 million shares at $24, the high end of the range of $21 to $24. Excelerate Energy plans to list on the NYSE under the symbol EE. Barclays, J.P. Morgan, Morgan Stanley, and Wells Fargo Securities[…]

Fintech start-up Varo Bank triples valuation to $2.5 billion after gaining bank charter

From CNBC Sept 2021: Varo Bank has more than tripled its valuation after gaining a national banking charter last year, CNBC has learned. The company is set to announce Thursday that it raised $510 million in a Series E round led by hedge fund Lone Pine Capital and including dozens of new and existing investors. The[…]

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Crypto giant FTX in talks to invest in Indian gaming startup MPL

From Tech Crunch Image Credits: Mobile Premier League India’s Mobile Premier League, or MPL, is in talks to raise capital from a number of investors including the crypto exchange FTX as the mobile gaming startup prepares to make a web3 push, three sources familiar with the matter told me. An investment will mark a significant shift[…]

BlockFi Raises $350M Series D, Coupang Prices IPO, And More

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.[…]

SEC Approves NYSE Direct Listing Proposal

From Crunchbase News Dec 23 2020  The U.S. Securities and Exchange Commission has approved the New York Stock Exchange’s proposal to allow companies to raise capital in a direct listing. In a direct listing, a block of shares isn’t sold to investors at a set price, as it is with a traditional IPO (you can read more about[…]