Monday, October 16, 2023

Tokyo-based, KKR-owned chipmaking equipment maker Kokusai Electric raised $724.4M in its IPO, after pricing shares at ~$12.30, valuing the company at ~$2.8B (Reuters)

Reuters:
Tokyo-based, KKR-owned chipmaking equipment maker Kokusai Electric raised $724.4M in its IPO, after pricing shares at ~$12.30, valuing the company at ~$2.8B  —  Chip equipment maker Kokusai Electric (6525.T) has raised $724.4 million after pricing its shares at the top end of their marketed range …



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Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming out of beta; it claims to have 1M+ users (Ina Fried/Axios)

Ina Fried / Axios : Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming...