The Briefing: Wise Begins Trading In London, AnyVision Raises $235M, And More
Summary
British fintech unicorn Wise made its debut on the London Stock Exchange via direct listing, establishing an initial valuation of around $11 billion. Tel Aviv-based AnyVision, a visual AI platform developer known for its facial recognition technology, raised $235 million in a Series C round led by SoftBank Vision Fund 2 and Eldridge Industries. 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. 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.
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