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THE LATEST NEWS FROM THE ACME PORTFOLIO |
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Robinhood Completes Initial Public Offering |
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On July 28, Robinhood (NASDAQ: HOOD) successfully completed an Initial Public Offering, the fourth ACME portfolio company to complete a public listing in 2021. The company raised $1.89 billion, valuing the company at a $32 billion market cap.
Globe Newswire |
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We are pleased to announce ACME's lead investment in AviaGames’ $40M financing round. Founded in 2017 by mobile game veterans Vickie Chen and Ping Wang, the company’s mission is to create an inclusive competition platform for everybody.
Venture Beat
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We are pleased to announce ACME's lead investment in Regology's $8M financing round. The company offers an AI-based regulatory compliance solution, with a database of more than 94 million requirements across millions of sections of law, helping global enterprises keep up to speed with ever changing regulations.
Businesswire
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Astra announces window dates for its next launch
(Space News), a new contract with Spire Global
(Astra), and an award of the Orbital Services Program (OSP)-4 Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the Rocket Systems Launch Program (RSLP) of the U.S. Space Force
(Astra) .
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Rent the Runway aims to move beyond rentals by expanding its resale business, an estimated $70 billion annual market opportunity.
Forbes |
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DraftKings (NASDAQ: DKNG) announced an agreement to acquire Golden Nugget Online Gaming (NASDAQ: GNOG) in an all-stock transaction that has an implied equity value of $1.56 billion.
Globe Newswire
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Shane Pittson, Quip’s VP of Growth, talks about creating buzz for the brand and how they’ve made a toothbrush as cool as Nikes.
EMarketer |
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IonQ announces a string of strategic hires, positioning the company for continued leadership in the quantum computing industry.
Businesswire |
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Congrats to ACME Principal Aike Ho for being included on
Business Insider's list of the "30 Leaders Under 40 Changing Healthcare in 2021."
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ACME Co-Founder Hany Nada talked with
Squawk on the Street about why there may be weakness in certain tech names. |
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FOOD FOR THOUGHT:
THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION |
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The U.S. venture capital world is blistering hot. Why it won’t cool down just yet
Fortune
A Radical New Model of the Brain Illuminates Its Wiring
Wired
The Subscription Buffet May Be Over NY Times
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