- The Weekend: Tata bought BigBasket, setting up a fascinating e-commerce war in India. China is cracking down on edtech companies, leading to an IPO freeze. And Wejo is going public via a SPAC. You can read its investor deck here.
- This Morning: The are a zillion funding rounds in Europe and globally this morning, the start of what could be a super busy week’s cycle. Private Equity is buying Cloudera, which is a surprise. Nio had chip shortage issues that impacted its delivery cadence. The Chinese EV company does expect to meet its Q2 delivery goal, however.
- Funding Rounds: Truebill raised $45 million. Chipper Cash raised $100 million. Zenyum raised $40 million. WeFox raised $650 million. Malt raised $97 million. Sennder raised $80 million. Idwall raised $38 million. Belvo raised $43 million. And that was not even close to all the big ones.
- Riff: Late last week we missed the Sprinklr filing. You can read it here. Quite a number of VCs have money riding on the IPO.
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