Pre-IPO Sector News Update

September 28, 2020

  • Last week, Chargepoint was merged with Switchback Energy Acquisition Corporation, a SPAC, in a deal that valued the company at $2.4 billion.

  • GoodRx raised $1.14 billion in its IPO at a $12.67 billion valuation.

  • Grail was acquired by Illumina for $8 billion.

  • Robinhood raised an additional $460 million as an extension of its Series G funding round.

  • The news articles and links presented below are available for your reference.

CHARGEPOINT

“EV Charging Network ChargePoint to go Public via SPAC”

GOODRX

“GoodRx Stock Jumps More Than 50% After IPO Raises Over $1 Billion”

GRail

“Illumina Will Pay $8B to Acquire Grail, the Bill Gates and Jeff Bezos-backed Cancer Detection Company”

ROBINhood

“Trading App Robinhood Raises $660 Million in Latest Funding Round”

Kirat Lall