California weed supplier HERBL is in talks to go public by merging with blank check company BGP Acquisition, at a valuation of about $600m Santa-Barbara, California-based HERBL, has seen its post-merger enterprise value cut to between $450m and $500m in recent weeks,...
TaxBit, the leading tax and accounting software provider for the digital economy, announced a $130m Series B funding round at a $1.33bn valuation. The round was led by IVP and Insight Partners with additional participation including Tiger Global, Paradigm, 9Yards...
Reddit has raised $410m from Fidelity Investments at a valuation of about $10bn. Six months after closing a funding round that doubled its valuation, Reddit is locking in a roughly 50% increase, driven by money managers hunting for investments. The company said it...
Chrono24 has received a $1bn valuation after securing $116m of funding – some of which has come from LVMH-backed, Aglaé Ventures. The watch industry is one that markets itself on tradition and heritage which, unsurprisingly, makes it very resistant to change. These...
The joint venture that runs the Chinese locations of iconic Canadian coffee shop chain Tim Hortons is nearing a deal to go public through a merger with blank-check company Silver Crest Acquisition Corp. A transaction could value the combined entity at about US$1.8bn...