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UPDATE 3-Alphawave slumps 21% on debut as London IPO market stutters again

(Adds comment from Alphawave chairman, detail on recent IPOs) LONDON, May 13 (Reuters) - Canadian semiconductor technology company Alphawave’s shares plunged as much as 21% on their London market debut on Thursday, shrinking its value by more than 600 million pounds ($842 million) within hours. The slump comes amid a broader tech stock selloff and only weeks after food delivery firm Deliveroo fell as much as 30% on its debut, potentially hurting the London market’s ambitions to attract youn...
United Kingdom City Of United Kingdom General Thyagaraju Adinarayan David Goodman Oxford Nanopore

S|W: The SaaS Weekly - Social media's next generation

S|W: The SaaS Weekly The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week! RECOMMENDED BY SAGE INTACCT: If you don’t prepare ahead of time, you could get stuck not producing the key SaaS metrics that investors want to see when they’re considering investing in your next round. Join Sage Intacct on Thursday, May 6 as ...
United States Nova Scotia David Appel Shopify Gail Goodman Douglas Soltys Laura Lenz

Silicon connectivity firm Alphawave targets $4.5 billion London listing

3 Min Read LONDON (Reuters) -Alphawave, a Toronto-based silicon IP firm, is planning to list in London to expand the reach of its chip connectivity technology and could be valued at up to $4.5 billion based on cornerstone agreements with two major investors. About $500 million would be raised by issuing new shares, it said, and existing investors would also offer stock. Alphawave, founded in 2017 and profitable since 2018, said BlackRock and Janus Henderson had agreed to subscribe for $510 mill...
New York United States United Kingdom City Of United Kingdom General Tony Pialis

Alphawave IP and EnSilica Announce Partnership for Expansion in the United Kingdom and Europe

Alphawave IP and EnSilica Announce Partnership for Expansion in the United Kingdom and Europe TORONTO and OXFORD, United Kingdom, March 16, 2021 — Alphawave IP, a leader in multi-standard connectivity IP solutions, today announced it has entered into a partnership agreement with EnSilica, a leading provider of custom ASIC design and supply services, to expand both companies’ capabilities in the United Kingdom and Europe. Under the agreement, the companies will work together to leverage Alph...
United Kingdom Tony Pialis Ian Lankshear Managing Director Alpha Wave ஒன்றுபட்டது கிஂக்டம்

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Alphawave IP and EnSilica Announce Partnership for Expansion in the United Kingdom and Europe

Alphawave IP and EnSilica Announce Partnership for Expansion in the United Kingdom and Europe TORONTO and OXFORD, United Kingdom, March 16, 2021 (GLOBE NEWSWIRE) -- Alphawave IP, a leader in multi-standard connectivity IP solutions, today announced it has entered into a partnership agreement with EnSilica, a leading provider of custom ASIC design and supply services, to expand both companies capabilities in the United Kingdom and Europe. Under the agreement, the companies will work together t...
United Kingdom Kostenloser Wertpapierhandel Tony Pialis Ian Lankshear Alex Mann Managing Director

[Funding alert] Singapore startup Raena raises $9M in Series A round led by Alpha Wave Incubation, Alpha JWC V

Singapore-based startup Raena has announced it has raised $9 million Series A funding. The round was led by Alpha Wave Incubation and Alpha JWC Ventures, and also saw participation from AC Ventures and existing investors - Beenos, Strive, and Beenext. Raena said it will use the funding to grow its team from 15 to 100 members over the next three months. It aims to enable more entrepreneurs and partner with more beauty and health brands across the world to help them enter Indonesia, and eventu...
United Kingdom Anirudh Singh Widelia Liu Sreejita Deb Chandra Tjan Alpha Wave Incubation

VerSe Innovation acquires AI-startup Cognirel Technologies

Local language technology platform VerSe Innovation on Tuesday announced that it has acquired Cognirel Technologies, a Bengaluru-based AI solutions provider. VerSe will bring on board Cognirel Founder Ram Prakash to head its newly instituted AI Lab, it said in a statement. Financial details of the transaction were not disclosed. “This acquisition bolsters VerSes commitment to creating cutting-edge digital capabilities to serve the emerging content needs of millions of consumers using technolo...
State Of Qatar Bram Prakash Qatar Investment Authority Zai Lab Verse Innovation Cognirel Technologies

After TikTok exit, Josh raises USD 100 million

After TikTok exit, Josh raises USD 100 million Days after Tik Tok announced the closure of its business in India, rival short-content platforms in India are garnering investors interest. Share Via Email   |  A+A A- By Express News Service BENGALURU: Days after Tik Tok announced the closure of its business in India, rival short-content platforms in India are garnering investors interest. VerSe Innovation, parent firm of short video app Josh, on Monday said that it has received over $100...
State Of Qatar Qatar Investment Authority News Service Sofina Group Express News Tik Tok

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