Late Stage Mature Pre IPO Unicorns -

The Briefing: Zomato Files For IPO, Boundless Bio Raises $105M, And More

From Crunchbase News

India’s Zomato Files For IPO

Gurgaon, India-based food delivery service Zomato has filed to raise up to $1.1 billion in an initial public offering of shares to list on Indian stock exchanges NSE and BSE.

Founded in 2008, Zomato has previously raised at least $2.1 billion in known funding, per Crunchbase data.  Major backers include Ant GroupTiger Global Management and Kora.

Between April and December 2020, Zomato reportedly pulled in $183.6 million in revenue, paired with a loss of $91.8 million.

— Joanna Glasner

Funding rounds

Boundless Bio lands $105M: San Diego-based Boundless Bio, a precision oncology company developing therapeutics directed against extrachromosomal DNA (ecDNA) in aggressive cancers, raised $105 million in a Series B financing led by RA Capital Management and Nextech Invest.

Caresyntax raises $100M: Boston-based Caresyntax, developer of a digital surgery platform, raised $100 million in a Series C funding round led by PFM Health Sciences. The company uses AI-enabled software to analyze large volumes of real-world data in and around the operating room to deliver insights that can be used by the care team.

— Joanna Glasner