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Virgin Orbit going public in SPAC deal
, a space technology company focused on small satellite launches, plans to go public on through a merger with a blank-check acquirer.
The Long Beach, California-based company will merge with SPAC NextGen Acquisition Corp. II, at what it says will be an “implied pro forma enterprise value of approximately US$3.2 billion.”
Africa’s OPay lands $400 million
Lagos-based mobile payment platform reportedly raised $400 million in a funding round led by 2 in its first major African investment.
Funding rounds
India’s Zetwerk raises $150M: Bangalore-based , a business-to-business marketplace for manufacturing items, raised $150 million in a fresh funding round led by at a $1.33 billion valuation.
— Joanna Glasner
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