Sequoia Capital’s European wing will be closely working with its Melo Park headquarters in the US. Sequoia partner Matt Miller said that the company will establish a network of scouting investors in Europe to hunt for the next $100-billion in the continent.
Anonymous sources have confirmed that Robinhood is planning to go public during the first quarter of the coming year. But it is not a final decision.
The Open DeFi Alliance supported by the Shanghai Science and Technology Committee seen new members with some of the top DeFi protocols forming a consortium that focuses on innovation, risk management, and liquid strategies.
Snowflake anticipates raising funds through an IPO later this year. Some of the main venture-capital backers that support Snowflake include Sutter Hill Ventures, Sequoia Capital, Redpoint Ventures, Iconiq and Wing Venture Capital.
SoftBank decided to invest in the sector using its own assets through the replacement to the $100 billion Vision Fund as it is trying hard to draw the attention of potential investors.
Xpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.
In a blog post, Robinhood said the funds would be used to hire new employees, create more products, and improve its operations.
FB stock price is moving higher as it has become known that Facebook acquired Mapillary. The terms of the deal have not been disclosed.
Robinhood Financial LLC announces that it has raised $280 million in series F funding. With the new funds, Robinhood is planning to scale its platform by building new products.
The story of Canva began with a dream of a teenage girl. And now Melanie Perkins has a design platform valued at $3.2 billion.