Cvent, an enterprise event technology provider, is set to go public through a $5.3 billion merger deal with Dragoneer Growth Opportunities Corp. II, a special purpose acquisition company (SPAC). The Virginia-based Cvent provides events, meetings, and hospitality technology to over 200,000 users around the world. Established in 1999, the company has approximately 4,000 employees. Cvent […]
Online grocery delivery company Instacart has raised $265 million in a new financing round to more than double its valuation to $39 billion. The new funding round was led Andreessen Horowitz, D1 Capital Partners, Sequoia Capital, Fidelity Management & Research, and T. Rowe Price Associates, and other existing investors. Instacart’s prior funding round came in […]
Californian biotechnology startup Element Biosciences, which focuses on developing genomic sequencing solutions for research and diagnostic markets, has raised $80.3 million in a Series B financing round. The financing round saw the entry of new investors Fidelity Management & Research and JS Capital alongside participation from existing investors Foresite Capital and Venrock. The US biotechnology startup […]