News

From Crunchbase News Last year proved there is significant public investor appetite for tech IPOs; from Snowflake to Airbnb to C3.ai, investors welcomed both consumer- and enterprise-facing innovation. However, the IPO floodgates seemed well boarded when it came to cybersecurity. TELOS and Plurilock were the only venture-backed cybersecurity firms to hit the public market last year. So what might 2021 look like for cyber[…]

From PitchBoook  Coinbase‘s long-awaited direct listing on the Nasdaq marked a watershed moment for the crypto industry, which is experiencing a Wall Street welcoming after years outside the financial mainstream. Coinbase was valued at $85.8 billion on a fully diluted basis at Wednesday’s closing price of $328.28 per share, representing the largest-ever direct listing and[…]

From PitchBook The stock market has welcomed its first self-driving vehicle company: TuSimple crossed the milestone after ringing the bell at the Nasdaq exchange on Thursday. The company raised more than $1.35 billion after selling 33.8 million shares at $40 apiece. The stock ended its first day unchanged from the IPO price, giving TuSimple a fully diluted[…]

From Bloomberg  After Coinbase Global Inc. hit a valuation above $100 billion Wednesday, the question for the broader crypto world is, Who’s next? BlockFi Inc., a crypto-lending startup, and Kraken, a competing exchange with Coinbase, are two U.S. firms in the $2.2 trillion cryptocurrency market that are considering going public. The rise of Bitcoin and other digital[…]

From Crunchbase Daily In the complex world of insurance, The Zebra wants to bring simplicity and transparency. The Austin-based company, which operates an insurance comparison site, raised $150 million in Series D funding, led by an unnamed investor. Joining the round were a group of investors, including Weatherford Capital, as well as Accel, which led the company’s $38.5 million Series C last[…]

From Crunchbase Daily In past years, we’ve mostly covered venture-backed tech and tech-ish IPOs in this perennial list of startups going public. Occasionally, a direct listing here and there would make the list, but the vast majority of companies going public were doing so through a traditional IPO. This year looks like it will be a[…]

From PitchBook   Helmed by CEO Brian Armstrong, Coinbase has become the blockchain sector’s biggest success story and one of its most active investors. (Steve Jennings/Getty Images)   After a yearslong winter for digital currencies, it’s spring fever for blockchain deals. Venture capital investment in cryptocurrency and blockchain startups hit a record $3 billion in[…]

  From Crunchbase Daily Every day, a lot of startup funding news hits our inboxes at Crunchbase News. And for the past few months, it seemed like a handful of venture investors were cropping up almost daily in at least one of those financings. As we tally up the most active investors for the just-ended quarter,[…]

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.    […]