Pre IPO Swap – 10/16/2022 — Startups are one of the hardest business activities in Capitalism and also one of the most valuable. Small businesses create the most amount of new jobs, not to mention efficiencies, and new markets. Raising capital is even harder, when you don’t have a track record or anything to show[…]
By Renaissance Capital, Bellevue Life Sciences Acquisition, a blank check company backed by Bellevue Capital Management targeting the biotech sector, filed on Friday with the SEC to raise up to $60 million in an initial public offering. The Bellevue, WA-based company plans to raise $60 million by offering 6 million units at $10. Each unit[…]
By Renaissance Capital, In what would be the second largest IPO of the year, eyecare company Bausch + Lomb (BLCO) is scheduled to debut in the week ahead. Some small issuers and SPACs may also price during the week. Planning to dual list on the NYSE and the TSX, Bausch Health spin-off Bausch + Lomb (BLCO) is expected to[…]
By Val Kennedy, EV sport boat developer Forza X1 (FRZA) has downsized its proposed initial public offering to around $18M from $31M. Forza X1 indicated the new raise target in an amended filing, although the number could be a placeholder and likely to change. The EV boat maker didn’t specify the number and pricing of the shares to[…]
Anita Ramaswamy@anitaramaswamy / 12:01 AM EST•December 6, 2021 Image Credits: Stacked Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW[…]
From Forbes: Only a handful of early stage investors have the distinction of writing seed checks to Unicorns. When such investors do this repeatedly, we are intrigued about their investment process. It’s even more intriguing if the investor is an emerging manager and virtually unknown. Robinhood has recently made big headlines by reaching a $5.6B valuation in[…]
from techcrunch Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in a region. Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent[…]
From Crunchbase News Berlin-based SellerX, a new startup that aims to consolidate and grow promising smaller businesses that sell via Amazon’s platform, has raised $118 million in what is reportedly being called a seed funding round. Cherry Ventures, Felix Capital and TriplePoint Capital led the financing, which the company reportedly plans to use to roll up smaller businesses using Fullfilment by Amazon for[…]
From Crunchbase News: Consumers are becoming more aware of their pets’ dietary requirements and overall health as they spend more time with furry (or nonfurry) companions during the pandemic. Edgard & Cooper, based in Belgium, is one of Europe’s pioneers in offering fresh pet food options and has raised 22 million euros (approx. $26 million)[…]
From Crunchbase News: When it rains, it pours, and this week was a good example. We saw lots of seed rounds for some interesting startups. We couldn’t include everyone, but here is a sampling of what we saw. Cobble Cobble app example When you first start dating someone, everything is fresh and new. You are[…]