Akili Interactive, a US-based digital medicine company, has agreed to merge with Social Capital Suvretta Holdings Corp. I (SCS), a special purpose acquisition company (SPAC), in a deal that values the combined entity at around $1 billion. Through the deal, Akili Interactive will become a publicly-listed company with a listing on Nasdaq under the “AKLI” […]
Swedish food technology innovator N!CK’S has secured $100 million in a Series C funding round led by Kinnevik, Temasek, and Ambrosia Investments. Gullspang, Capagro, Peak Bridge, and Nicoya also took part in the funding round of the healthy and indulgent snacks and ice cream maker. Magnus Jakobson — Investment Director at Kinnevik said: “We are […]
Bowery Farming, a US vertical farming company, has raised $300 million in its latest funding round to take its valuation to $2.3 billion. The funding round was led by Fidelity Management & Research Company. Bowery Farming has also secured considerable follow-on investment from existing investors – GV (previously Google Ventures), GGV Capital, General Catalyst, Groupe […]
Pine Labs, an Indian merchant commerce platform company, has raised $285 million in a new financing round at a valuation of over $3 billion. The new funding round saw the participation of Baron Capital Group, Marshall Wace, Duro Capital, Ward Ferry Management, and Moore Strategic Ventures. Apart from that Pine Labs’ existing investors – Temasek, […]
California-based food delivery service provider DoorDash raised $400 million in Series F financing led jointly by Singaporean investment company Temasek and Dragoneer Investment Group. The latest funding round gives a valuation of $7.1 billion to the US food delivery service which is currently available to 80% of Americans with plans to cover every postal code […]