Relx-backed big data software provider Palantir is reportedly looking to raise between $1bn and $3bn and hike its valuation to as much as $30bn.
“WeWork’s Bonkers IPO,” said Fortune’s daily newsletter. “The Weirdness of WeWork’s IPO Filing”, sister publication CEO Daily called it, adding: “If a recession is coming, the WeWork IPO filing… will be a fitting capstone for the peak.”
Having already inked an agreement with FAW in May, Byton is also signing up government-led industry investment funds and other institutional investors.
Fantasy sports platform Dream11 is reportedly aiming to raise a round sized at $500m to be backed by several corporate investors. The company is part of the broader gaming and eSport space which has seen growth recently.
Sumitomo Dainippon Pharma will acquire at least 10% of Roivant in addition to its interest in five pharmaceutical subsidiaries through the deal.
Altria-backed e-cigarette brand Juul has added $460m to a convertible note round it plans to close at $800m according to a securities filing.