~$600M

The NYC token, launched by former New York City Mayor Eric Adams on January 12, saw its market cap drop from ~$600M to ~$110M, after USDC liquidity manipulation

Chinese chipmaker GigaDevice's stock rose 54% in its Hong Kong debut after raising ~$600M in its IPO, and reported H1 2025 profit of ~$84M, up 14% from H2 2024

GigaDevice Semiconductor Inc. shares rose in its Hong Kong debut, underscoring growing investor interest in Chinese stocks related to artificial intelligence.

Filing: Chinese chipmaker GigaDevice aims to raise up to ~$600M in a Hong Kong IPO, offering 28.9M shares at up to ~$21 each

Nichiket Sunil / Reuters :

Sources: Groq is set to raise ~$600M in a funding round led by Disruptive, which committed more than $300M to the deal that would give Groq a ~$6B valuation

Lizette Chapman / Bloomberg :

Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023

https://www.ft.com/...

Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023

Eleanor Olcott / Financial Times :

Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023

Wall Street Journal :

Digital marketing software company Ibotta closes up 17% at $103.25 per share in its trading debut, after raising ~$577.3M in an IPO priced above marketed range

Above Marketed Range X: Katie Roof / @katie_roof : Ibotta closed up 17% today, following Reddit and Instacart as only the 3rd internet IPO since 2021 Hans Tung / @hanstung : 1/ Congrats to @bryan_leac...

Sources: Paris-based BeReal closed a $60M Series B earlier in 2022 at a ~$600M valuation; source: the photo-sharing app has ~20M DAUs, up from 7.9M in July 2022

TechCrunch :

Sources: BeReal is exploring adding paid features to avoid advertising; the app has 15M+ DAUs, up from 10K in March 2021, and was valued at ~$600M in June 2022

Financial Times :