23andMe in Talks to Go Public Via Branson SPAC

23andMe in Talks to Go Public Via Branson SPAC

DNA-testing company 23andMe is reportedly in talks to go public through a $4bn deal with Richard Branson’s VG Acquisition Corp. A deal may be announced next month for 23andMe, less than three years since being evaluated at $2.5bn. Bloomberg reports that the two sides...
Blackstone Deploys $25 Billion to Ramp Up Spending

Blackstone Deploys $25 Billion to Ramp Up Spending

Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world’s biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent $11.7 billion on...
SparkPost Lands $180 Million Strategic Growth Investment

SparkPost Lands $180 Million Strategic Growth Investment

SparkPost, the world’s largest email sending and optimization platform delivering nearly 40 percent of the world’s commercial email, today announced it has secured $180 million from LLR Partners, NewSpring Capital and PNC Bank to invest in the next era of...