Innovative Public Offerings is the theme for Ulu founders for January’s “In the News”.
Ulu celebrates the 4th innovative public offering in the last five months! SoFi is going public via a SPAC merging with a blank-check company run by venture capital investor Chamath Palihapitiyame valuing Sofi at $8.6B. EV- Tech firm Proterra to go public through ArcLight SPAC. In Q3, Palantir went public via a DPO, and Zebit IPO’d in Australia in October, experienced transition challenges, reported record Q4 FY20 net and annual sales, and stock price rebounded.
Meantime Ulu continues to fund outlier opportunities, founders are raising substantial rounds and portfolio companies continue to make headlines in Bloomberg, Forbes, US News & World Report, CNBC, Inc. and other top media outlets.
Motley Fool named Sofi as number one SPAC to buy now.
Inc profiled SoFi as one of the “winner take most” companies.
CNBC profiled SoFI going public via SPAC.
US News and World story profiles how SoFi is going public through a SPAC.
Forbes featured a story why Sofi is a good stock buy after the SPAC public offering.
Bloomberg highlighted Proterra’s move to go public via a SPAC.
Market Herald highlighted a record sales performance for Zebit after IPO in Australia.
Stockhead profiled how Zebit beat forecasts with strong quarterly results.
Finsmes highlighted Span’s recent $20M raise
Greentech Media highlighted Axiom Clou’s pivot from hardware to software to solve retail grocery issues.
Yahoo Finance profiled Axiom Cloud’s fundraise led by Ulu Ventures.
Payments.com highlighted JP Morgan providing Figure with a $100M financing facility.
Nerd Wallet nominated Ellevest as best rob advisor for IRA Investing for 2021.
Vator News featured NowRX CEO Cary Breese talking about the success of the same-day delivery prescription model.