Tuesday, October 13, 2020

Source: meditation and sleep app maker Calm is looking to raise ~$150M at a $2.2B valuation; Calm was valued at $1B in July 2019 (Bloomberg)

Bloomberg:
Source: meditation and sleep app maker Calm is looking to raise ~$150M at a $2.2B valuation; Calm was valued at $1B in July 2019  —  Calm, maker of a meditation and sleep app, is exploring a new funding round that could more than double the company's valuation, according to people with knowledge of the matter.



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The US sanctions MiraclePlus, a Chinese VC firm founded by ex-Microsoft executive Lu Qi, over alleged ties to Zhisuan, accused of stealing Google's AI secrets (Bloomberg)

Bloomberg : The US sanctions MiraclePlus, a Chinese VC firm founded by ex-Microsoft executive Lu Qi, over alleged ties to Zhisuan, accuse...