Catherine Badour
The listing of Adyen, the Dutch firm whose payments processing technology is used by Facebook and Netflix, got off to a strong start on Tuesday when investor demand for its shares covered those on offer within an hour, Reuters reported.
Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, sources told Reuters.
White Star Capital, the start-up funder co-founded by ex-technology deals banker Eric Martineau-Fortin, has raised a second, $180 million fund that was significantly oversubscribed, Reuters reported.
German online furniture retailer Home24 has set the price range for its initial public offering (IPO) at 19.50 to 24.50 euros, which would give it a market value of 530 million to 650 million euros ($618-758 mln) following its stock market flotation, Reuters reported.
Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including venture capital firms RRE Ventures and Liberty City Ventures, the New York-based company said on Thursday.
Chinese facial recognition technology developer SenseTime Group Ltd said it has raised $620 million in a second round of funding in just two months, adding that it continued to be the world’s most valuable unicorn in artificial intelligence.
Ant Financial Services Group, operator of China’s biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, sources told Reuters.
Estonia’s Taxify is set to step up its fight against global rival Uber [UBER.UL] across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler (DAIGn.DE), Reuters reported.
Aviva Investors, the fund arm of insurer Aviva (AV.L), said on Wednesday it would combine its real estate, infrastructure and private debt businesses into a new unit called Aviva Investors Real Assets.
Goldman Sachs’ private equity fund has invested about $200 million in French mobile video game maker Voodoo to speed-up its global growth, Reuters reported.