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Bestmile runs out of steam

The fleet management technology provider is winding down following some $33m in funding from investors including Airbus Ventures and Groupe ADP.

Jun 30, 2021

Pardes Biosciences parks itself in reverse merger

Gilead Sciences is co-leading a $75m PIPE deal for the coronavirus drug developer, which is set take the place on Nasdaq held by FS Development Corp II later this year.

Jun 30, 2021

Outbrain opts for public listing

The Gruner + Jahr and SIG-backed content discovery technology developer is set to float on the Nasdaq Global Select Market, following a failed merger with Taboola in 2020.

Jun 30, 2021

JD Sports buys Deporvillage for $167m

Mediaset has exited the sports clothing retailer in a majority share acquisition by JD Sports following just over $9m in venture funding.

Jun 30, 2021

Raisin fuses with Deposit Solutions

The financial services marketplaces have merged to form Raisin DS, which counts Deutsche Bank, Goldman Sachs, Orange Digital Ventures and PayPal Ventures as existing investors.

Jun 30, 2021

MobilityX gets driven to closure

The Toyota Tsusho and SMRT-backed transport booking app developer has shut down three years after it was founded.

Jun 30, 2021

Duolingo cues up initial public offering

CMU-founded language learning platform developer Duolingo was valued at $2.4bn as of its last funding round in November 2020.

Jun 29, 2021

Daily Deal Round Up: June 29, 2021

Healthcare planning software developer Hospital IQ secured $25m in a Baxter-led round while augmented reality platform developer Ubiquity6 and infant product retailer Mumzworld have been acquired.

Jun 29, 2021

InnoVid sees to $1.3bn reverse merger

The Cisco and Deutsche Telekom-backed interactive video advertising software provider will acquire an NYSE spot after the deal, valuing it at a $1.3bn pro-forma equity valuation.

Jun 29, 2021

Duolingo cues up initial public offering

CapitalG is in line to score an exit from the language learning app developer, which was valued at $2.4bn in its last funding round.

Jun 29, 2021
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