Recents in Beach

Header Ads

iCapital Network raised $440 million in fresh financing

iCapital Network raised $440 million in fresh financing

Alternative investing platform iCapital Network raised $440 million in fresh financing at an approximately $4 billion valuation in a round led by Temasek.

Edtech startup Class Technologies, meanwhile, raised $105 million in a Series B round led by the SoftBank Vision Fund 2. And Marco, a financing platform for small and medium-sized export businesses in the U.S. and Latin America, raised $82 million in funding led by Kayyak Ventures.

More Updates :

There are now more than 900 unicorn startups in the world, per Crunchbase data, collectively valued at $3 trillion — up by a trillion dollars compared with just over a year ago. Here’s a look at the firms that are most heavily invested in these billion-dollar startups.

The crowded market for SPACs has cooled as more of these blank-check acquirers struggle to find the perfect mate. Those changing market dynamics — while there were just under 300 SPACs formed in Q1, the second quarter saw fewer than 50 announced — have prompted more favorable investor terms from some SPACs and shifted where the vehicles are looking for targets, sources say.

Source : Crunchbase