Startup Degreed Raises PE Funding at $1.4 Billion Value

Startup Degreed Raises PE Funding at $1.4 Billion Value

Degreed Inc., a software company serving human resource departments, said it has raised $153 million from investors valuing it at more than $1.4 billion. Its valuation rose from $710 million last year, the company said. Sapphire Ventures and Riverwood Capital led the...
Singapore’s Grab strikes $40 billion deal in record SPAC merger

Singapore’s Grab strikes $40 billion deal in record SPAC merger

Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing. The merger,...