Arm eyeing IPO amid Nvidia deal uncertainty
UK-based semiconductor technology producer Arm would look to have an initial public offering (IPO) as a backup plan if its planned acquisition by fellow chipmaker Nvidia were to fall through, a source told Global Corporate Venturing.
SenseTime sets $767m target for IPO
SenseTime, a China-headquartered artificial intelligence technology provider that counts corporates Alibaba, Qualcomm, SoftBank, Suning and Dalian Wanda as investors, is reportedly seeking up to $767m in its initial public offering.
Nubank nabs $2.6bn in IPO
Nu Holdings, the Brazil-based owner of neobank Nubank, which counts internet company Tencent and conglomerate Berkshire Hathaway as investors, secured $2.6bn in an IPO priced at $9 apiece – at the top of its range.
Tencent makes Tyme in $180m series B
Singapore-based digital banking network Tyme expanded its series B round to $180m with $70m in new funding from internet and gaming group Tencent and development finance institution CDC Group, highlighting the further international expansion of digital banking.
GV gees up Freenome’s $300m series D
Internet and technology group Alphabet’s GV subsidiary took part in a $300m series D round for US-based cancer detection technology developer Freenome, further expanding its life sciences portfolio.
Whydah wins $25m to push play-to-earn gaming
Vietnam-based blockchain game studio Whydah secured $25m from investors including gaming guild Good Guild Games, decentralised technology provider Mask Network and blockchain technology developer KardiaChain as the market for play-to-earn (P2E) gaming continues to intensify.
Binance and Animoca Brands form $200m fund
Cryptocurrency exchange Binance’s Smart Chain subsidiary launched a $200m blockchain gaming investment scheme with digital entertainment and blockchain technology developer Animoca Brands.
Genesys generates $580m in Zoom-backed round
UK-based customer engagement software provider Genesys secured $580m from investors including Zoom, forming part of a significantly expanded portfolio for the video conferencing platform developer in 2021.
Jokr plays series B card to raise $260m
On-demand grocery delivery startup Jokr secured $260m in series B funding from investors including HV Capital, the venture capital firm backed by publisher Holtzbrinck, at a $1.2bn valuation.