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Bloomberg

Crypto Firm Blockchain.com Is Planning IPO as Soon as This Year

April 18, 2022 Cryptocurrency startup Blockchain.com is interviewing banks for an initial public offering that could take place as soon as this year, according to people familiar with the matter. An IPO might not happen until next year and the company’s plans could change, said the people, who asked not to be identified because the … Continued

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PR Newswire

Zhihu Inc. Announces Pricing of Global Offering

April 14, 2022 Zhihu Inc. (NYSE: ZH) (“Zhihu” or the “Company”), the operator of Zhihu, a leading online content community in China, today announced the pricing of the global offering (the “Global Offering”) of 26,000,000 Class A ordinary shares of the Company (the “Sale Shares”) by certain selling shareholders, which comprises an international offering (the … Continued

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DigitalOcean

DigitalOcean Launches Inaugural Social Impact Program with DO Impact

April 6, 2022 DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced the launch of DO Impact, a global social impact program aimed at empowering changemakers through products, philanthropy, and people — enabling the internal and larger DigitalOcean communities to give back. “Our mission is to help the builders of the … Continued

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Opendoor

Opendoor Is Now Live In New Jersey & New York

April 5, 2022 On the heels of our recent expansion into the San Francisco Bay Area, today, we’re proud to announce a major move into the Northeast: we are now officially live in New Jersey and New York! Starting today, residents in more than fifteen counties and more than 450+ ZIP Codes across New Jersey … Continued

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Bloomberg

Blockchain.com Raises New Funding at $14 Billion Valuation

March 30, 2022 Startup Blockchain.com said it raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms still enjoy the favor of investors in turbulent venture capital markets. The financing round, which vaults Blockchain.com into the ranks of the most valuable crypto companies, … Continued

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CoinDesk

Crypto Exchange Blockchain.com Acquires Altonomy’s OTC Desk

March 21, 2022 Crypto exchange Blockchain.com has acquired Altonomy’s over-the-counter (OTC) trading desk. Blockchain.com told CoinDesk it has already integrated Altonomy’s “core systems” with the firm’s existing OTC trading capabilities, according to Vice President of Markets Dan Bookstaber. Twenty-six Altonomy employees have also moved over, he said. He declined to disclose the terms of the … Continued

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Opendoor

Opendoor and Lennar expand partnership to Miami

February 15, 2022 National homebuilder Lennar and iBuyer Opendoor announced the expansion of their partnership into Miami on Tuesday. Lennar, the second largest homebuilder in the U.S., has been based in Miami since 1954. “Our strategic partnership with Opendoor underscores Lennar’s focus on implementing technology and innovation to enhance all aspects of homebuying and homebuilding,” … Continued

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Opendoor

Feels like home: Opendoor live in the SF Bay Area

February 8, 2022 When we founded Opendoor in 2014, we had a handful of people working relentlessly in a one-room office in San Francisco. It was a small team with a simple but ambitious mission – empower everyone with the freedom to move, one that remains true today. Together we are changing a broken process … Continued

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Business Wire

Archer Takes to the Skies with First Hover Flight of Maker Aircraft

December 20, 2021 Archer Aviation Inc. (NYSE: ACHR) today announced that Maker, Archer’s eVTOL demonstrator aircraft, completed its first successful hover flight. The flight marks the completion of the company’s first full and complete systems test and validation of every hardware and software component working as intended to move the aircraft into the air. The … Continued

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Business Wire

Archer Receives Special Airworthiness Certificate for its Maker eVTOL Aircraft Following Successful FAA Inspection

December 2, 2021 Archer Aviation Inc. (NYSE: ACHR) today announced it has received a Special Airworthiness Certificate from the Federal Aviation Administration (“FAA”) covering its Maker demonstrator aircraft. The Special Airworthiness Certificate authorizes Archer to begin flight testing its electric vertical takeoff and landing (eVTOL) Maker aircraft. Having cleared this final threshold to begin off-ground … Continued

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PR Newswire

Blockchain.com Becomes the Largest Crypto Company in Latin America with the Acquisition of Argentinian Crypto Powerhouse SeSocio

November 30, 2021 Blockchain.com, one of the world’s oldest and most trusted cryptocurrency platforms, has acquired SeSocio, one of the largest crypto companies in Argentina and one of the most prolific across Latin America. With its largest acquisition to date, Blockchain.com accelerates its rapidly growing footprint across Latin America, armed with a team committed to … Continued

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DigitalOcean

DigitalOcean Announces Pricing of Upsized $1.3 Billion Convertible Senior Notes Offering

November 15, 2021 DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN) today announced the pricing of its offering of $1.3 billion aggregate principal amount of 0% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The … Continued

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Opendoor

Introducing Opendoor Complete: Sell, Buy and Close Seamlessly

November 4, 2021 Nearly 8 years ago, we set out to make selling, buying and closing on a home simple, certain, and fast. Our vision is to make the entire experience as easy as a tap of a button. First, we built a pricing algorithm that ingested millions of data points to provide sellers with … Continued

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Opendoor

Opendoor launches real-time offers on Realtor.com

October 27, 2021 A little more than a year ago, we partnered with Realtor.com to provide the millions of homeowners who visit their website each year with a simple, certain, fast and trusted way to sell their home. Since then, we’ve seen tremendous consumer response. Given the uncertainty and stress that can come with a … Continued

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Forbes

Chime In Talks To Go Public At $35 Billion To $45 Billion Valuation

October 23, 2021 San Francisco digital bank Chime is in talks to go public at a valuation of $35 to $45 billion, according to a person familiar with the matter, and it’s targeting March of 2022 for the IPO. The company’s revenue will likely reach $900 million to $1 billion this year, the person said. … Continued

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PR Newswire

Access Technology Ventures’ Position in Opendoor Tops $1 Billion

September 23, 2021 Access Technology Ventures, the venture capital and growth technology investment arm of privately held industrial group Access Industries, announced today an additional $300 million purchase of stock of Opendoor Technologies Inc. (NASDAQ: OPEN), a leading digital platform for residential real estate. Access’ $1 billion position makes it Opendoor’s largest shareholder. Access’ additional … Continued

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TechCrunch

DigitalOcean enhances serverless capabilities with Nimbella acquisition

September 7, 2021 As developers look for ways to simplify how they create software, serverless solutions, which enable them to write code without worrying about the underlying infrastructure required to run their applications, is becoming increasingly popular. DigitalOcean announced today that it is enhancing its existing offering in this area with the acquisition of serverless … Continued

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GlobeNewswire

FAA Approves G-1 Certification Basis for Archer, Propelling it Forward on its Path to FAA Type Certification

September 7, 2021 Archer Aviation Inc. (“Archer”), a leading developer of all-electric vertical takeoff and landing (“eVTOL”) aircraft has been actively engaged with the FAA through its Center for Emerging Concepts & Innovation and the Los Angeles Aircraft Certification Office to develop the airworthiness and environmental requirements necessary for full certification of its eVTOL aircraft. … Continued

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Business Wire

Archer Receives Special Airworthiness Certificate for its Maker eVTOL Aircraft Following Successful FAA Inspection

September 6, 2021 Archer Aviation Inc. (NYSE: ACHR) today announced it has received a Special Airworthiness Certificate from the Federal Aviation Administration (“FAA”) covering its Maker demonstrator aircraft. The Special Airworthiness Certificate authorizes Archer to begin flight testing its electric vertical takeoff and landing (eVTOL) Maker aircraft. Having cleared this final threshold to begin off-ground … Continued

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GlobeNewswire

UPDATE – Archer Enters Agreement with United States Air Force to Collaborate on Flight Testing

September 3, 2021 Archer Aviation Inc. (“Archer”), a leading developer of all-electric vertical takeoff and landing (“eVTOL”) aircraft, today announced an agreement with the USAF to establish a collaborative strategy to explore the technical readiness and suitability of Archer’s eVTOL aircraft for USAF purposes. As Archer continues its work towards achieving FAA Type Certification of … Continued

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Fortune

Crypto transactions reach $1 trillion milestone, says Blockchain.com CFO

August 30, 2021 Blockchain.com is celebrating its 10-year-anniversary today as well as another milestone: surpassing $1 trillion in crypto transactions, CFO Macrina Kgil told me. The cryptocurrency exchange and digital wallet company has handled almost a third of all Bitcoin network transactions since 2012, Kgil says.And the bulk of all transactions processed through Blockchain.com Wallets … Continued

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GlobeNewswire

Archer Unveils eVTOL Aircraft

June 10, 2021 California-based Archer, a company designing and developing electric vertical takeoff and landing aircraft (eVTOL), debuted its Maker aircraft both live in Los Angeles and streamed to a global audience on the evening of June 10. The intimate, COVID-safe in-person event was held at the Hawthorne Hangar Operations and utilized industry leading XR … Continued

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PR Newswire

Zhihu Inc. Announces Pricing of Initial Public Offering

March 26, 2021 Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the “IPO”) of 55,000,000 American depositary shares (“ADSs”), at US$9.5 per ADS. The aggregate offering size of the IPO and the concurrent private placements described below is … Continued

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Bloomberg

Blavatnik-Backed DigitalOcean Raises About $775 Million in IPO

March 23, 2021 Cloud computing company DigitalOcean Holdings Inc. raised more than $775 million in an initial public offering priced at the top of a marketed range, adding to 2021’s run of software listings. DigitalOcean sold 16.5 million shares Tuesday for $47 each, according to a statement. The New York-based company had marketed the shares … Continued

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Reuters

Crypto wallet Blockchain.com raises $120 mln in latest funding round

February 17, 2021 Blockchain.com, a provider of cryptocurrency services, has raised about $120 million in its latest funding round, which included investments from Alphabet Inc’s venture capital unit, GV, the company said on Wednesday. The company did not disclose the valuation at which the funds were raised. London-based Blockchain.com said about 28% of all bitcoin … Continued

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GlobeNewswire

Archer, A Leading Urban Air Mobility Company, To List On NYSE Through Merger With Atlas Crest Investment Corp

February 10, 2021 Archer, a leading Urban Air Mobility (“UAM”) company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. (NYSE: ACIC), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed … Continued

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CNBC

Tiktok rival Kuaishou surges 160% in $5.3 billion Hong Kong debut

February 4, 2021 Shares of Chinese short video company Kuaishou rose nearly 200% at the open on its debut in Hong Kong. The technology firm raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares at 115 Hong Kong dollars each, at the top of its expected … Continued

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The Real Deal

Here are the big winners from Opendoor’s IPO

January 5, 2021 Opendoor’s IPO last month crowned CEO Eric Wu a billionaire. It quintupled the value of SoftBank’s stake to $2.3 billion. And it reaped early investor Khosla Ventures a 36x return — on paper. Opendoor’s largest shareholder is SoftBank’s Vision Fund with a 13.5 percent stake, followed by Khosla Ventures with a 8.5 … Continued

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The Real Deal

Opendoor valuation soars to $18B ahead of IPO

December 21, 2020 Even before Opendoor’s official stock market debut on Dec. 21, the iBuyer’s valuation soared to nearly $18 billion as Wall Street investors cheered its merger with a special purpose acquisition company. The company, founded in 2014, uses an algorithm to buy and sell homes for a fee of between 6 and 8 … Continued

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TechCrunch

PingCAP, the open-source developer behind TiDB, closes $270 million Series D

November 17, 2020 PingCAP, the open-source software developer best known for NewSQL database TiDB, has raised a $270 million Series D. TiDB handles hybrid transactional and analytical processing (HTAP), and is aimed at high-growth companies, including payment and e-commerce services, that need to handle increasingly large amounts of data. The round’s lead investors were GGV … Continued

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CNBC

Chime is now worth $14.5 billion, surging past Robinhood as the most valuable U.S. consumer fintech

September 18, 2020 Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively. That lofty figure makes Chime the most valuable American fintech start-up serving retail consumers. Investment firms that participated in its latest round include Coatue, Iconiq, Tiger Global, … Continued

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CNBC

Palihapitiya finds next ’10x idea’ with $4.8 billion SPAC deal for real estate start-up Opendoor

September 15, 2020 Chamath Palihapitiya pioneered taking private unicorns public by reverse merging them into special purpose acquisition companies — an idea he’s called “IPO 2.0.” After his first iteration of doing so last year with space-tourism company Virgin Galactic, he’s found his next target: Opendoor, an online marketplace for buying and selling houses. “These … Continued

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Business Wire

Opendoor, a Leading Digital Platform for Residential Real Estate, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia

September 15, 2020 Insiders are making a significant commitment of $200 million of the $600 million PIPE. This $200 million commitment includes $100 million from Chamath Palihapitiya, Founder and CEO of SCH, $58 million from Hedosophia, with the remainder invested by existing Opendoor shareholders, Access Industries and Lennar, along with Opendoor management

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Crunchbase

New York’s Newest Unicorn: DigitalOcean Raises $50M At $1.15B Valuation

May 14, 2020 Access Industries led the financing, which included participation from Andresseen Horowitz (a16z). In a written statement, Access Industries Managing Director Pueo Keffer said his firm remains “extremely impressed” with DigitalOcean and its management. “[We] believe that both are well positioned to transform the cloud space for developers and SMBs in the years … Continued

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GlobeNewswire

DigitalOcean Announces $50 Million in New Funding from Existing Investors Access Industries and Andreessen Horowitz

May 14, 2020 DigitalOcean, the cloud for developing modern apps, today announced it has closed a $50 million Series C funding round led by Access Industries, with participation from Andreessen Horowitz (a16z). “We are excited about this investment to support DigitalOcean as it enters its next phase of significant growth,” said Pueo Keffer, managing director … Continued

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Financial Times

US investors throwing money at hottest start-ups

January 6, 2020 The US challenger bank Chime quadrupled its valuation over the past nine months, and investors still offered it about $1.8bn when it decided to raise $500m in December, according to one person with direct knowledge of the process.  “The momentum of the business is very strong,” said David Yang, an investor at … Continued

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Forbes

Digital Bank Chime Now Has A Valuation Of $5.8 Billion

December 5, 2019 Chime, the digital bank, now boasts a valuation of $5.8 billion, after raising $500 million in a fresh round of fundraising. Among the leaders in this new crop of mobile and digital-only banks, Chime had a valuation of $1.5 billion back in March when it raised $200 million in funding.

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Wired

China Has an Ecommerce Giant You’ve Never Heard Of

September 9, 2019 Pinduoduo draws shoppers outside China’s big cities with low-priced goods. It trails only Alibaba in number of users, and has a larger market cap than eBay. Its 366 million monthly active users trail only Alibaba, outranking better-known rivals such as JD.com. Last month, Pinduoduo reported that second-quarter revenue had more than doubled … Continued

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PR Newswire

Opendoor Acquires Title and Escrow Company OS National

September 5, 2019 Opendoor, the nation’s fastest-growing online real estate marketplace that’s simplifying the way people buy and sell homes, announced today that it has acquired OS National, LLC (OSN), a national title and escrow company that has been one of Opendoor’s trusted partners since 2016. OSN will join Opendoor as a wholly-owned subsidiary.

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PR Newswire

Opendoor and Redfin Partner to Provide More Options to Home Sellers

July 11, 2019 Opendoor and Redfin, two of the nation’s largest technology-powered real estate companies, today announced home sellers in Phoenix and Atlanta can now request an Opendoor offer through Redfin’s site and mobile apps. By coming together, Opendoor and Redfin are giving homeowners more options for selling their home in a simple and convenient … Continued

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PR Newswire

Haoqipei Secures US $60 Million in Series D Funding to Further Accelerate Growth of its Online B2B Auto Parts Marketplace

June 19, 2019 Business-to-business (B2B) auto parts trading platform Haoqipei today closed US $60 million in Series D financing to continue its rapid growth across China. Access Technology Ventures led the round, adding David Yang to the Haoqipei Board of Directors. Additional participants in the financing included existing investors XVC Venture Capital, Jeneration Capital, DCM … Continued

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The Wall Street Journal

The Future of Housing Rises in Phoenix

June 19, 2019 Armed with loads of cash and the latest in machine learning, investors are reshaping the $26 trillion market for U.S. residential real estate, starting in Phoenix, the petri dish for America’s housing experiments. At the edge of the city’s stucco sprawl, a beige, three-bedroom house with a gravel yard sold last month … Continued

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TechCrunch

Opendoor raises $300M on a $3.8B valuation for its home marketplace

March 20, 2019 Last month, we reported that Opendoor — the startup that is taking on the real estate industry with its own platform for buying up homes and selling them on to interested buyers — filed to raise $200 million on a $3.7 billion valuation. Now, we can confirm that the round has closed, … Continued

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The Economist

Spotify makes its stockmarket debut

April 4, 2018 WHEN Spotify, a music-streaming service, went public on April 3rd, its founder, Daniel Ek, rang no bells on the trading floor of the New York Stock Exchange. Rather than the “pomp and circumstance” of an initial public offering, the Swedish firm, which is widely credited with turning round the fortunes of the … Continued

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The New York Times

Spotify Files to Go Public on the New York Stock Exchange

February 28, 2018 Spotify has already won over the music industry, and listeners worldwide, with an online streaming service that makes millions of songs instantly available. Now, it is ready to test its business model on Wall Street.

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The Real Deal

Opendoor raises $135M from Lennar Corp. and Fifth Wall fund for expansion

January 24, 2018 Funds will help expand Opendoor footprint and “trade-in” partnership with Lennar.  A San Francisco-based startup that helps people sell their old homes and simultaneously moves into new ones is partnering with Miami-based homebuilder Lennar Corp., and amassing real estate funding to more than double its footprint nationwide this year.

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