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Here’s what you need to know today in startup and venture news, updated by the ¸½½üÉÏÃÅ News staff throughout the day to keep you in the know.

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UiPath files to go public

New York-based robotic automation processing company has . According to the document, the company saw its annual recurring revenue increase to $580.4 million for its fiscal year ended Jan. 31, compared to $351.4 million for its previous fiscal year. The company also realized revenue growth of 81 percent year to year, with revenue growing to $607.6 million from $336.2 million. Net losses for the company fell from $519.9 million in 2020 to $92.3 million in 2021.

The filing comes less than two months after the company raised a $750 million Series F at a post-money valuation of $35 billion. The round was co-led by existing investors and . The company has raised $2 billion to date, according to ¸½½üÉÏÃÅ data.

— Chris Metinko

Fintech

Robinhood plans feature for buying IPOs: is building a feature aimed at making it easier for users of its trading app to buy shares of companies going public, according to a Reuters citing unnamed sources. Currently, amateur traders generally cannot buy into stock of a newly listed company until its shares start trading, which means they are not poised to profit from potential first-day pops.

—ÌýJoanna Glasner

Chainalysis reels in $100M for blockchain analytics: New York-based , a startup that makes blockchain data analytics, said Friday that it’s raised $100 million in a Series D round at a valuation of more than $2 billion. The round was led by cryptocurrency-focused investment firm , with participation from 1 CEO , who invested through his investment fund . Return investors and also participated. The Series D valuation is double the startup’s valuation at in November 2020, when it raised $100 million.

— Marlize van Romburgh

Public markets

WeWork reportedly planning to merge with SPAC: Co-working provider is planning to go public through a merger with a blank-check acquirer, according to a Ìý¾±²Ô citing unnamed sources. The planned merger would be with a SPAC called BowX Acquisition Corp. and would reportedly value WeWork at $9 billion including debt.  The deal would also include a $1.3 billion fundraising, with $800 million coming from a private investment in public equity, or PIPE, deal. (Read more here.)

— Joanna Glasner

Funding rounds

DotPe pulls in $27.5M to digitize businesses: Gurgaon, India-based , a provider of tools for brick-and-mortar merchants to add digital technology-enabled features to their businesses, $27.5 million in a Series A funding round led by .

—ÌýJoanna Glasner

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