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HelloFresh AG, the German food-delivery start-up backed by the Samwer brothers' Rocket Internet SE, plans to hold an initial public offering in Frankfurt. The sale will consist of new shares, and current shareholders may also offer their stock. Financial details weren't disclosed. HelloFresh fetched a valuation of ^2.6 billion after raising ^75 million in a funding round in September, a Bloomberg News report said.
LibyanWings to add new routes
Libyan Wings, the private start-up airline which began operations last month, is aiming to become profitable within a year and wants to add routes to the Levant and North Africa, its chief executive officer Edgardo Badiali said. The airline, which already flies from Tripoli's Mitiga International Airport to Tunis, is looking at destinations including Amman, Beirut, Algeria and other points in North Africa, Bloomberg News said.
IronNet raises $32.5 million
Former US National Security Agency Director Keith Alexander's cyber security start-up, IronNet Cybersecurity Inc, has raised $32.5 million in a Series-A funding round, led by Trident Capital Cybersecurity. The funding will help accelerate growth and scale the launch of the IronNet product line, according to a Reuters report.
Goodtizens buys Start Now
Singapore-based social enterprise and civic technology start-up Start Now was bought by local company Goodtizens Technologies. The deal is valued at $381,000. Through the deal, Goodtizens will use Start Now's software on a planned community website that will indicate points of interest for social action around the world, Tech in Asia said.
Naspers invests in SimilarWeb
Naspers, a key investor in China's Tencent and Russia's Mail.ru, is now betting on an Israeli start-up that analyses web traffic for corporate clients from Nike to eBay. Naspers is leading a $25-million financing round for SimilarWeb, a Tel Aviv-based firm that measures traffic, engagement, time on a site and other metrics. The deal values SimilarWeb at about $400 million, according to people familiar with the situation, Bloomberg News said.
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