Tencent Music raises $1.1B in US IPO

Tencent Music raises $1.1B in US IPO

Tencent Music raised close to $1.1 billion in its U.S. IPO after pricing shares at the bottom of its targeted range. The offering reportedly sets an initial valuation of around $21 billion for the China-based music streaming company, which has a track record of profits and fast growth.

Early stage robot startups are targeting these jobs

In startup-land, robot labor is getting a lot more visible. Droids are toiling as window-washers, cooking up healthy food bowls, steaming lattes, and shoveling snow. In the process, early stage bot developers are attracting substantial funding and attention from investors.

2018 is the Year of the Unicorn

2018 has been deemed the Year of the Unicorn. So far this year, a record-setting 110 companies have reached unicorn status, already exceeding the 2017 full-year total. Here’s a look at what defines a unicorn as well as some of the top-performing companies from this year.

Bowery raises $90M for indoor farms

Bowery, a New York-based developer of indoor farms for growing leafy greens, has raised $90 million in a Series B round led by GV, Google’s venture capital arm.

Osmosis soaks up seed round

Baltimore-based Osmosis, a medical education startup targeting patients and caregivers, closed on $2.5 million in a seed round led by Greycroft.