Tech

Autonomous trucking startup TuSimple is aiming to raise ~$1.3B in its US IPO, with expected share price between $35-$39, and is targeting a valuation of $8B+ (Reuters)


Crunchbase data: global venture funding reached $125B in Q1, up 94% YoY, with an average of nearly two unicorns created every working day  —  In the first quarter of 2021, global venture investments reached $125 billion, a 50 percent increase quarter over quarter and a whopping 94 percent increase year over year, Crunchbase data shows.

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Related News  Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round (Axios)
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