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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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Wise Makes Direct Listing Debut In London At $11B valuation

British fintech unicorn made its debut on the London Stock Exchange via direct listing, establishing an initial valuation of around $11 billion.

The company priced shares at $8 each, with shares relatively flat in aftermarket trading. Founded in 2010, the London-based company’s app is popular for cross-border transactions. Wise makes money through fees on transactions and has been profitable for several years.

AnyVision raises $235M for facial recognition tech

Tel Aviv-based , a visual AI platform developer known for its facial recognition technology, raised $235 million in a Series C round led by 2 and Eldridge Industries. The six-year-old company had previously raised around $117 million in known funding, per ¸½½üÉÏÃÅ data.

Public offerings

Planet going public via SPAC: Satellite imagery provider Planet announced that it plans to go public on the New York Stock Exchange through a merger with a special purpose acquisition company, dMY Technology Group IV, at an equity valuation of around $2.8 billion. The company says it now has over 150 satellites in orbit collecting over 350 million square kilometers of imagery daily.

—  Joanna Glasner

Enterprise software

OnBoard closes $100M round: Indianapolis-based OnBoard raised a strategic growth investment of $100 million from . The company has created a cloud-based platform that allows for more efficient and effective boardroom meetings.

OnBoard — whose parent company is — has about 139 employees and has raised about $105 million in total.

This is the second large round JMI has taken part in involving the Indiana tech scene in the last two months. Just last month closed a $120 million round from the firm.

Skedulo closes $75M Series C: San Francisco-based raised a $75 million Series C led by 2. The company’s platform helps companies to manage, engage and analyze their growing number of deskless workers across a wide variety of industries, including health care, utilities and solar.

Skedulo has seen its annual recurring revenue increase 400 percent, and played a role in helping schedule both COVID testing and vaccinations, the company said in a release.

The company has now raised $114 million, according to ¸½½üÉÏÃÅ data.

— Chris Metinko

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