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Owlet Baby Care and SPAC Sandbridge Acquisition Corporation announces merger to public public on the NYSE under the symbol “OWLT.”

2 months ago Owlet Baby Care is bringing a data-driven connectivity platform to the nursery while simplifying life for parents Combined company to have an implied initial enterprise value of approximately $1,074 million, with the company expected to have up to an estimated $325 million in cash after closing Top-tier investors, including Fidelity Management & Research LLC, Janus Henderson Investors, Neuberger Berman Funds, OrbiMed, private funds affiliated with PIMCO, and Wasatch Global Investors, anchor fully committed PIPE of $130 million, which combines with ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of ... Swift NavigationFebruary 9, 2021 GMT SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baske...

SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), existing investor Eclipse Ventures and new investors, including EPIQ Capital Group and KDDI Open Innovation Fund. To date, the company has raised a total of ...

Weber acquires smart cooking startup June Outdoor cooking industry leader and famed kettle-grill-maker Weber has acquired June, the smart cooking startup founded in 2013 by Matt Van Horn and Nikhil Bhogal. While financial terms of the deal weren’t disclosed, Weber has confirmed that June will continue to operate as its own brand wholly owned by Weber-Stephen Products and will continue to both sell and develop the June Oven and related products. Meanwhile, June co-founder Nikhil Bhogal will take on a role as SVP of Technology and Connected Devices across the Weber lineup. Weber had already t...