Smartkarma Content

• Geek+ is a smart logistics and warehousing robotics developer serving clientele from a number of industry verticals, including, apparel, e-commerce, retail, 3PL, pharmaceutical, manufacturing and automotive (think Amazon Kiva).
• In the latest Series C funding round, the company raised a total of US$200m with the most recent Series C2 round in Jun 2020, raising around US$50m. 
• In the CY2H21, there were news reports regarding an IPO that could raise US$500m. Geek+ was considering either going public in the US or in Shanghai’s Nasdaq-style STAR board.

Aequitas Research • APAC IPOs & Placements • (Opens in a new window) ⧉

• Horizon Robotics is an artificial intelligence chips developer for automobiles, specifically smart vehicles, and robots. 
• Its latest Series C funding round in late 2020-early 2021, raised a combined total of US$900m, led by Great Wall Motors, Hillhouse, Baillie Gifford, CATL, CPE, Yunfeng Capital and others.
• There were news reports doing the rounds that the firm had aimed to look at a potential US listing, in a deal that could raise up to US$1bn.

Aequitas Research • APAC IPOs & Placements • (Opens in a new window) ⧉

• Carousell is a Singapore based platform serving the C2C and B2C marketplace for purchase and resale of second hand goods. 
• In its latest funding round in Sept 2021, the company raised US$100m at a valuation of US$1.1bn. As per Crunchbase, Carousell has raised just over US$280m since inception.
• Carousell is expected to list in the US via a SPAC Merger with L Catterton Asia Acquisition. 

Aequitas Research • APAC IPOs & Placements • (Opens in a new window) ⧉