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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Gogoro going public via SPAC
Taipei-based , a maker of electric scooters and charging infrastructure, announced it has entered into an agreement to go public through a merger with a SPAC, Poema Global Holdings Corp.
The transaction sets Gogoro’s enterprise value at $2.35 billion, with plans to list on after the merger’s completion under the ticker symbol GGR.
Founded in 2011, Gogoro has raised $480 million in known funding to date, per ¸½½üÉÏÃÅ data.
—Â Joanna Glasner
Form3 lands $160M
London-based , a platform payment technology provider, announced that it raised $160 million in a Series C round led by the growth equity business of . The round brings the company’s total fundraising to $220 million.
—Â Joanna Glasner
Edtech
BYJU’s buys Tynker: India-based edtech giant announced it has acquired , a Silicon Valley-based startup offering a creative platform for teaching coding, for $200 million. Founded in 2013, Tynker previously raised $10.6 million in known venture funding, per ¸½½üÉÏÃÅ data.
—Â Joanna Glasner
Enterprise software
CodeSignal closes $50M Series C: San Francisco-based assessment company raised a $50 million in Series C led by , with additional participation from , and . The company’s platform provides assessments that simulate the coding environment and skills necessary for a job. Founded in 2015, the company has now raised $87.5 million.
— Chris Metinko
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