Anish Aggarwal’s Post

Huge news! Today we announced that we’ve agreed to join forces with Tegus, a leading provider of expert research, unique private company content, and financial data and workflow tools. This transaction marks a significant milestone for us in our mission to help businesses and investors make better decisions with confidence and speed. Together, AlphaSense and Tegus will accelerate growth, innovation, and content expansion, bringing their complementary product and content capabilities together to enable our customers to unearth even more comprehensive insights from thousands of content sets. And that’s not all - as part of the deal, we’ve also raised a $650M funding round co-led by Viking Global Investors and BDT & MSD Partners, and joined by new investors, J.P. Morgan Asset Management, SoftBank Investment Advisers, Blue Owl Capital, Alkeon Capital, as well as existing investors Alphabet’s CapitalG and Goldman Sachs Alternatives. This brings our latest valuation to a whopping $4 billion. Read our press release for more information: https://lnkd.in/ePgpid4G

Exciting IPO at PSX - Symmetry Group 1st main board listing of 2023 & 1st AI based products company to list at PSX Registrations have started from today! #SymmetryIPO #PossibilitiesTransformed #PakistanIPO #DigitalTechIPO #Topline #PakistanStockExchange

Did you know Rolls-Royce was previously called Tognum AG? Here is a story of EQT Group's strategic investment in Tognum! Do follow me (Manav Shah) for more such interesting case studies and more content related to alternative investments. Also, do let me know your takeaways from this case study! #finance #investing #venturecapital #privateequity #EQT #RollsRoyce #Tognum #tradesale #exitstrategy

At Nasdaq right now for the Sofinnova Investments & KKH Advisors Life Sciences Summit. The event kicked off with a great first panel “Current Biotech IPO Landscape Update”, moderated by Kimberly Ha, CEO, KKH Advisors with panelists, Jordan Saxe (Nasdaq), Paul Scansaroli, (Piper Sandler), Joshua Thomas (Altium Capital) and Chirag Surti (Morgan Stanley). Summarizing some really good advice for companies considering an #IPO: - A strong crossover round with enthusiastic investors sets an important base for a successful IPO: important for existing investors to fully cover base deal size at time of IPO launch. - Being a public company is a 2nd job, important to sufficiently prepare and start acting/thinking like a public company well in advance of IPO.  -  Validating partnerships and licensing agreements help prove attractiveness for future M&A perspective. Important to continue these strategic discussions in parallel to IPO prep. 

Today, we reached a milestone at B Capital with the close of Opportunities Fund II, which will support later-stage, high-growth companies in our portfolio and invest in a few new category defining growth-stage businesses. Over the last few years, it’s been harder for even the best growth-stage companies to raise financing. With $750 million in committed capital, nearly double the size of its predecessor, we are able to support high-performing businesses in our current portfolio and new companies we’ve gotten to know over many years. We already made our first investment in Icertis, a leading contract intelligence company that we’ve been invested in since 2017 that is hitting recurring revenue milestones even in a challenging environment. Our focus with Opportunities Fund II is to back businesses with $100M+ ARR (or biotech businesses with a drug in clinical testing). I’m grateful to the existing and new investors who continue to trust and support us. Our mission remains to help founders building game-changing technologies boldly grow. Read more about the fund, and how we plan to maximize its impact, here: https://lnkd.in/gfnek5uu

📈 🚀 We are elated: EnFuse Solutions Ltd. has successfully debuted on the stock exchange at a premium, soaring to new heights in our IPO journey! Today signifies a pivotal moment in reshaping the future of data management. Our listing isn't just about going public; it's about bolstering credibility, expanding horizons, and accelerating innovation in the data landscape. As a publicly traded company, we're poised to attract top talent, forge strategic partnerships, and tackle larger projects driving meaningful change. This milestone isn't merely about raising funds; it's about fueling our mission to empower businesses with unparalleled data solutions. Huge thanks to our dedicated team, investors, and supporters for believing in our vision. Together, let's harness the power of data to unlock limitless possibilities!  Kamran Shaikh Imran A. Zaynul Mira Rahul Gandhi Mark Kochert  #IPO #SuccessStory #ListedAtAPremium #NextChapter #TeamWorkMakesTheDreamWork

The London Stock Exchange has seen several of its companies decamp for Wall Street and SPACs have become a new avenue for those companies to skip across the pond. This week, we speak with Hervé Tessler, CEO of Noventiq (LSE:NVNQ) and Jerome (Jerry) Letter, CFO and COO of Corner Growth Acquisition Corp. They explain why they think Noventiq will be better valued on the Nasdaq following the close of their $800 million combination announced in May, and how Noventiq’s own operations as a digital transformation facilitator are ramping up in the developing world. #tech #spacs #digitaltransformation https://lnkd.in/eS-bqWaA

AlphaSense Acquires Tegus, Valuation Hits $4 Billion Learn more & get our take 👇 https://lnkd.in/g3KhHSyT "This transaction marks a pivotal moment for AlphaSense in our mission to help businesses and investors make better decisions with confidence and speed. I am thrilled to join forces with the Tegus team as a significant leap forward in furthering our mission, adding top-quality content on public and private companies, and enhancing our ability to deliver even more comprehensive insights to our customers around the world." — Jaakko (Jack) Kokko, CEO and Founder at AlphaSense "By joining forces with AlphaSense, we're going to empower clients in new and more powerful ways. AlphaSense and Tegus are like-minded companies, with a shared vision, and I couldn't be more excited to continue pursuing our mission of modernizing research for businesses, together." — Michael Elnick, Co-Founder and Co-CEO at Tegus #data #acquisition #SoFNews

Axonic takes the lead in October 2023, securing the top position for inflows into smaller firms, according to MutualFundWire.com. Dive into the details of our success and industry challenges. Read more: https://lnkd.in/eECqs4WX #Axonic #InvestmentSuccess #MarketLeadership