Crunchbase Daily: Hims, High Fidelity, YOOBIC, JASK, Oh BiBi

Crunchbase Daily: Hims, High Fidelity, YOOBIC, JASK, Oh BiBi

 Xiaomi prices IPO at low end

China-based smartphone maker Xiaomi priced its $4.7 billion IPO in Hong Kong at the bottom of the proposed range. The offering delivers an initial market value of around $54 billion, down sharply from expectations earlier this year of a $75 billion to $100 billion valuation

Bird scoots away with $300M

The scooter wars are intensifying. Bird, one of the leading players in the burgeoning American scooter scene, announced that it closed a $300 million round of capital led by Sequoia. The round comes amid rumors that arch-rival Lime is working to secure $250 million of its own.

SimpliSafe sells majority stake

SimpliSafe, a provider of wireless home security systems, has sold a controlling stake to private equity firm Hellman & Friedman. The deal reportedly values the 12-year-old, Boston-based company at around $1 billion.

Peace, tech, and startups

Crunchbase News takes a look at Washington, D.C.-based PeaceTechLab, a nonprofit organization that runs an accelerator for startups focused on technology that protects and advances peace and human rights.

Recent Activity on Crunchbase

371 Funding Rounds Added 184 Acquisitions Recorded $3.0B Fundings Captured 12,639 Entities Updated

Recent Investments

Hims $50M / Series B Hims is a mens wellness company that sells hair-loss, erectile-dysfunction, and skin-care medication. Headquartered in San Francisco, the company plans to expand into more prescription-drug categories. Categories: Health Care · Men’s · Wellness Founders: Andrew Dudum, Jack Abraham Investors: Forerunner Ventures, Thrive Capital, Redpoint, + 1 more High Fidelity $35M / Series D High Fidelity is an open source platform for building distributed social virtual reality worlds. The San Francisco based company will use the funds to expand R&D, accelerate hiring, and open a new office in Seattle. Categories: Hardware · Software · Blockchain · Enterprise Software · Virtual Reality Founders: Ryan Karpf, Freidrica Heiberger, Phillip Rosedale Investors: Blockchain Capital, Breyer Capital, Vulcan Capital, + 2 more YOOBIC $25M / Series B YOOBIC is a smartphone application that can be used to track merchandising and marketing operations in a retail store. The London based company plans to use the funding to expand into the U.S. Categories: Commerce and Shopping · Hardware · Mobile · Software · Retail Technology Founders: Gilles Haiat, Thierry Haiat, Fabrice Haiat Investors: Felix Capital, Insight Venture Partners (Lead) More Investments Company Amount / Round Lead Investor JASK $25M / Series B Ted Schlein Oh BiBi $21M / Series B Atomico Savioke $13M / Series B – Doctrine $12M / Venture Round Xavier Niel, Otium Capital All Recent Funding Activity

Recent Acquisitions

Convergys Pending acquisition by SYNNEX for $2.8B More Acquisitions Company Acquired by Amount Gatan, Inc. Thermo Fisher Scientific $925M All Recent Acquisition Activity

Upcoming Tech Events

Mobile World Congress Americas 2018 September 12-14, 2018 2018-09-12 in Los Angeles Mobile World Congress Americas 2018 will bring together the brightest minds in the industry today, to imagine what tomorrow could bring. More Events Start Date Event Location Sep 13, 2018 IBC 2018 Amsterdam Aug 14, 2018 ISE EXPO 2018 Denver Sep 4, 2018 O’Reilly and Intel Artificial Intelligence Conference 2018 San Francisco Jul 12, 2018 Orange County Venture Capital Fast Pitch Conference Irvine More Upcoming Events Demo Days Start Date Event Location Jul 7, 2018 Demoday CAMP 5 Brasilândia More Upcoming Demo Days Accelerator Deadlines Date Accelerator Location Jun 30, 2018 Hardware.co Accelerator Berlin Jun 30, 2018 Amplify.LA Venice More Upcoming Deadlines

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