Novartis acquires British biotechnology company Myricx Bio for $1.5 billion
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Chip startup SambaNova raises $1 billion, valuing the company at $11 billion.
Mars Finance reported on July 8th that SambaNova Systems, a chip startup backed by Intel's venture capital arm, has completed a $1 billion Series F funding round, valuing the company at $11 billion. The company is scheduled to officially announce the news on July 8th local time. (Wide Angle Observation)
US infrastructure company MasTec invests another $1.65 billion to strengthen its data center electrical footprint.
Mars Finance reports that US infrastructure engineering and construction company MasTec announced on Tuesday that it will acquire electrical contractor The Superior Group for approximately $1.65 billion to enhance its electrical service capabilities in the rapidly expanding data center infrastructure market. The transaction, conducted in cash and stock, is expected to close in mid-to-late July. (Cailian Press)
Shenzhen-based smart glasses company Ewen Technology has completed a $150 million funding round, valuing the company at over $1 billion post-investment.
Mars Finance reported on July 7th that Shenzhen-based smart glasses company Even Realities announced the completion of a $150 million Pre-B round of financing, valuing the company at over $1 billion post-money and officially joining the ranks of unicorns. This round was led by Meituan Dragon Ball and Meituan Strategic Investment, with existing shareholders Yuan Yi Capital and Tencent oversubscribing. Earlier this year, Even Realities also completed an A++ round of financing, co-led by Guanghe Venture Capital and Yuan Yi Capital, with existing shareholders including Dachen Capital oversubscribing. (Venture Capitalist CLUB)
Abu Dhabi National Oil Company's distribution arm plans to acquire 100% of Shell's South African downstream business for $1 billion.
Mars Finance reported on July 7th that ADNOC Distribution, a subsidiary of Abu Dhabi National Oil Company, announced its plan to acquire 100% of Shell's South African downstream business for approximately US$1 billion. Following the transaction, a 28% stake will be sold to local empowerment partners and an employee stock ownership plan. The company expects the transaction to drive EBITDA growth of approximately 13% and earnings per share growth of approximately 6% in the first year after completion. The transaction is expected to close in 2027. (Wide Angle Observation)
Morphi, a company specializing in embodied intelligence, has completed a series of angel round financing rounds exceeding 1 billion yuan.
Mars Finance reported on July 7th that Morphi, a holographic intelligence company, officially announced the completion of its angel round of financing, exceeding 1 billion yuan. This round was jointly invested by Alibaba and Tencent, with participation from over ten leading institutions including Guanghe Venture Capital. Following the financing, the company's valuation surpassed 7 billion yuan, setting a record for the largest publicly disclosed first-round financing in the domestic holographic intelligence sector. (Venture Capitalist CLUB)
Is the first humanoid robot company to go public on the A-share market coming? Unitree Robotics' IPO registration on the Science and Technology Innovation Board has been approved, with plans to raise 4.202 billion yuan.
According to Odaily Odaily on July 6, the Shanghai Stock Exchange website shows that the IPO application status of Unitree Technology Co., Ltd. on the Science and Technology Innovation Board has changed to "registration effective". It is reported that Unitree Robotics plans to issue no less than 40.4464 million new shares in its IPO, accounting for no less than 10% of the total share capital after the issuance, with a planned total fundraising amount of 4.202 billion yuan. According to the prospectus, from 2023 to 2025, the company's operating revenue was 159 million yuan, 393 million yuan, and 1.699 billion yuan, respectively, and its net profit was -11.1451 million yuan, 95.4747 million yuan, and 278 million yuan, respectively, making it one of the few profitable high-performance general-purpose robot companies globally. (Bianews)