Terran takes off with $1.58bn reverse merger
Terran Orbital Corporation, a US-based satellite services provided backed by aerospace and defence manufacturer Lockheed Martin, has agreed to a reverse merger with special purpose acquisition company Tailwind Two Acquisition Corp.
Nubank files for dual listing
Nubank, a digital bank operator backed by corporates Tencent and Berkshire Hathaway, filed for a dual initial public offering (IPO) yesterday in the United States and its home country of Brazil.
Delhivery to ship in $998m through IPO
Delhivery, a FedEx and SoftBank-backed logistics service provider based in India, filed for an initial public offering that will be sized at up to $998m.
Udemy completes route to IPO
US-based online education provider Udemy secured approximately $421m in an IPO the Nasdaq Global Select Market , providing exits for internet group Prosus and remote learning service Benesse.
Coca-Cola fortifies itself with Bodyarmor
Beverage producer Coca-Cola Company acquired portfolio company Bodyarmor, a US-headquartered sports drink brand, at a valuation of approximately $6.59bn.
Everlaw earns $202m in series D round
US-based developer of legal data software provider Everlaw raised $202m yesterday in a series D round that included CapitalG, the growth-stage investment arm of internet and technology conglomerate Alphabet.
Mythical Games gets $150m to play with
US-based blockchain game developer Mythical Games raised $150m in a series C round featuring cryptocurrency exchanges Binance and FTX, bringing its total funding to over $270m.
Sfermion hits close of $100m Fund II
Sfermion, a US-based non-fungible token (NFT) focused investment firm, has closed its second fund at $100m with backing from blockchain app developer Animoca Labs and trading firm Capital Markets Trading.
Fox starts $100m NFT fund
Fox, a US-based media group, has set up a $100m corporate venturing fund for digital creators as part of a new business unit, Blockchain Creative Labs.
Walden Catalyst Ventures tops $550m for first fund
Walden Catalyst Ventures, the US-based venture capital firm co-founded by ex-employees of South Korea-headquartered consumer electronics producer Samsung’s Catalyst Fund, closed its debut fund at over $550m.
Open Labs launches $100m fund
Indonesia-based brand aggregator Open Labs has launched a $100m fund to acquire direct-to-consumer (D2C) brands.