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Page 107

Tevosol merges with Bridge to Life

University of Alberta spinout Tevosol has been picked up by Bridge to Life but will maintain its base in Edmonton.

Feb 25, 2021

Markforged devises reverse merger plan

Microsoft, Porsche and Siemens have all scored another win as Markforged pursues a reverse merger that will net it $425m in gross proceeds.

Feb 25, 2021

Berkshire Grey picks reverse merger route

SoftBank’s robotics portfolio company Berkshire Grey has lined up a reverse merger with Revolution Acceleration Acquisition Corp and will be valued at $2.7bn.

Feb 25, 2021

ReNew Power charges towards Nasdaq

Having abandoned plans for an IPO three years ago, ReNew Power has now settled on a reverse merger and will secure proceeds worth $1.2bn.

Feb 25, 2021

Joby Aviation takes flight for reverse merger

The Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and Uber-backed flying car developer is set to list on the NYSE.

Feb 25, 2021

Hentsu joins Portfolio BI

Fund management software developer Hentsu has been bought by Portfolio BI, also a portfolio company of Credit Suisse Next Investors.

Feb 24, 2021

WingArc1st to fly to public markets

The business software producer is set to float in a $172m offering on TSE that will enable Data Applications, Itochu, Pksha, Sansan, Suzuyo, SystemExe, Teikoku DataBank and Toshiba Digital Solutions to exit.

Feb 24, 2021

Enovix picks partner for reverse merger

The Intel, Qualcomm and Cypress Semiconductor-backed battery technology developer will be listed on the Nasdaq Capital Market.

Feb 24, 2021

Xylowatt runs out of steam

UCLouvain spinout Xylowatt has declared bankruptcy after failing to build a market for its technology to convert biomass into energy.

Feb 24, 2021

Xylowatt runs out of steam

John Cockerill and Air Liquide-backed Xylowatt has declared bankruptcy after failing to build a market for its biomass energy technology.

Feb 24, 2021
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