Crunchbase Daily: Optoro, Grover, TransferMate, AntWorks, and Survata
Crunchbase Daily: Optoro, Grover, TransferMate, AntWorks, and Survata
Crypto miner Bitmain eyes IPO
Bitmain Technologies, the world’s largest cryptocurrency mining company, is reportedly considering an initial public offering in Hong Kong or an overseas market with U.S. dollar-denominated shares. Beijing-based Bitmain is also said to be raising further cash at valuation around $14 billion.
ARM said to buy Treasure Data for $600M
Chip designer ARM Holdings has agreed to buy analytics providerTreasure Data for around $600 million, according to a Bloomberg story citing unnamed sources. Silicon Valley-based Treasure, founded in 2011, previously raised $54 million in venture funding.
Startups vie to disrupt homebuying
So far this year, investment in North American residential real estate startups has already surpassed totals for all of 2017. Leading the funding surge are Opendoor and other companies looking to shake up the way homes are bought and sold.
WeWork is just one of SoftBank’s real estate plays
Speaking of big real estate bets, take a look at SoftBank. The heavy-spending startup investor has been a repeat investor in WeWork and, most recently, its WeWork China subsidiary. SoftBank has other real estate and building companies in its portfolio too, indicating an sustained appetite for large deals in the space.
Viacom acquires Awesomeness TV at cut price
Viacom is acquiring Awesomeness TV, a media company targeting Generation Z, in a deal reportedly valued around $25 million. The purchase marks a steep drop in valuation for Los Angeles-based Awesomeness, which had been valued at $650 million in 2016