Sky9 Capital portfolio company closes IPO at $2.3 billion

Sky9 Capital portfolio company closes IPO at $2.3 billion

Investment firm Sky9 Capital’s portfolio company Smart Share Global, has completed its IPO on the Nasdaq stock exchange under the ticker ‘EM’, at a market capitalisation of $2.3 billion at closing. Smart Share Global is a consumer tech company providing an...
SoftBank to Take 40% Stake in Norway’s AutoStore

SoftBank to Take 40% Stake in Norway’s AutoStore

SoftBank Group Corp. agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse-automation company AutoStore, marking another big bet by the Japanese conglomerate on robot-enabled technology. AutoStore is controlled by Thomas H. Lee Partners LP, while another...