SA国际传媒

Here’s what you need to know today in startup and venture news, updated by the SA国际传媒 News staff throughout the day to keep you in the know.

Subscribe to the SA国际传媒 Daily

Russia’s Ozon raises $990M in US IPO

Russian e-commerce company announced that it has for its public market debut on Nasdaq at $30 each,聽 above the projected range of between $22.50 and $27.50.

Shares rose further in first-day trading, closing up 22 percent at just over $40 per share.

The offering raised a whopping $990 million for the Moscow-based company, with and serving as lead bookrunners.

Founded in 1998, Ozon is majority-owned by Russian conglomerate and a group of funds. The company describes itself as the largest multicategory player in the Russian e-commerce space.

Funding rounds

• China’s Manbang raise $1.7B for truck hailing: China-based , provider of a truck-hailing platform, in its latest funding round, led by , , and .
• Current inks $131M for banking services: Challenger bank , based in New York, announced a $131 million Series C round led by . The mobile bank has now raised more than $180 million in total funding and a valuation of $750 million.
• Percepto raise $45M for autonomous inspection tech:聽Israel-based , developer of autonomous drone technology for inspection and surveillance, raised $45 million in a Series B round led by . The company also announced a joint project involving Spot, an agile mobile robot developed by .
• Well Health secures $45M for patient engagement: , a Santa Barbara-based digital health company focused on patient communications, raised $45 million in Series C funding round led by That brings total funds raised to $75 million since its founding in 2015.
• WithMe Health secures $20M for medication guidance: , a San Mateo-based medication guidance company, closed on a Series B financing round of $20 million led by 1, with participation from existing investor and new investors, and.
• Glue raises $8M for corporate messaging: Israel-based , the automatic loyalty management platform for small businesses, announced $8 million in Series A funding led by .
• Lightspin launches with $4M seed funding: , the Israel-based cloud infrastructure security provider, came out of stealth after closing a $4 million seed funding. The round was led by and included participation from private angel investors.聽
• Quiqup closes new $5.5M round: , a United Arab Emirates-based delivery tech startup, announced a $5.5 million funding round led by . The round also included support from strategic shareholders , and .
• Salla bags $8.5M for e-commerce platform: Saudi Arabia-based , a platform that enables users to set up an e-commerce store in Arabic, raised $8.5 million, led by , joined by and , to expand its footprint within the Middle East.

Illustration: