Published:
April 08, 2021
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Further Reading
Dandelion raises $30 million Series B as momentum for the geothermal heating and cooling system startup continues to grow
News Commentary | February 26, 2021
This marks Breakthrough Energy Ventures' first investment since announcing its $1 billion fund in January. Venture capital funding for geothermal startups has sharply fallen since its peak in 2010, but Dandelion joins Eavor as the second geothermal startup to raise funding in 2021, with the two ... Not part of subscription
Helix announces $50 million Series C round, a significant dip from its Series A and B funding rounds
News Commentary | June 07, 2021
On the surface, Helix appears to have netted another significant investment, with a $50 million Series C round. Upon closer inspection, however, the amount is much lower than that of its Series A ($100 million) and Series B ($200 million) rounds. There is no indication if this is a down round, as ... Not part of subscription
Total investment in cell-based meat close to $1 billion as more players raise funding
News Commentary | October 08, 2021
The cell‑based meat space continues to attract funding, with two recent additions. New Age Meats raised a $25 million Series A led by South Korean company Hanwha Solutions, and Turkish startup Biftek raised an undisclosed amount from Big Idea Ventures. Earlier this year, we reported that the total ... Not part of subscription
by Christopher Robinson
Several rounds of rumors had suggested Grab and Gojek were nearing a merger. In a turn of events, Grab, Southeast Asia's largest startup, will likely raise more than $2 billion in funding by going public via the SPAC model through Altimeter. Financing from Ant Financial fell through along with the latter's aborted IPO last year, but if Grab wanted to stay public, it likely would have found other deep-pocketed investors. Its pursuit of a public listing was likely due in part to pressure from existing investors to exit their investment and to avoid paying Uber $2 billion – which it would owe if it doesn't go public by 2023. Clients should expect Gojek to pursue a similar route, potentially involving a merger with Tokopedia.
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