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Startup wefox in Discussions to Raise Fresh Funding at $5-$6 Billion Valuation - Report

By Sam Boughedda A Bloomberg report Tuesday said that German digital insurer startup, wefox, is in "advanced discussions to raise fresh funding at a valuation of $5 billion to $6...
Startup wefox in Discussions to Raise Fresh Funding at $5-$6 Billion Valuation - Report © Reuters Startup wefox in Discussions to Raise Fresh Funding at $5-$6 Billion Valuation - Report

By Sam Boughedda

A Bloomberg report Tuesday said that German digital insurer startup, wefox, is in "advanced discussions to raise fresh funding at a valuation of $5 billion to $6 billion."

Citing people with knowledge of the matter, Bloomberg stated the firm is aiming to raise hundreds of millions of dollars and could finalize the terms of the fundraising in the next few weeks.

Last year, wefox raised around $650 million in a Series C round that valued the company at $3 billion. Previous investors in the company include Abu Dhabi sovereign fund Mubadala Investment Co., Salesforce Ventures, Ashton Kutcher’s Sound Ventures, and Hong Kong billionaire Li Ka-Shing's Horizons Ventures. This latest reported fundraising would value the company at nearly double.

The latest round of fundraising will occur in an uncertain market, given investors are currently cautious about investing in riskier assets such as tech companies.

Bloomberg cautioned that there is no certainty an agreement will be reached, and the fundraising terms could be changed.

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26-06-2022 19:02:32 (UTC+7)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

GBP/USD

1.2272

+0.0012 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

USD/JPY

135.23

+0.29 (+0.22%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

AUD/USD

0.6944

+0.0055 (+0.80%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

USD/CAD

1.2891

-0.0103 (-0.79%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

EUR/JPY

142.71

+0.71 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

EUR/CHF

1.0114

-0.0001 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,828.10

-1.70 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Silver Futures

21.130

+0.088 (+0.42%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

Sell (4)

Copper Futures

3.7365

-0.0025 (-0.07%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (4)

Crude Oil WTI Futures

107.06

+2.79 (+2.68%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Brent Oil Futures

113.19

+3.14 (+2.85%)

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↑ Sell

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Indicators:

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Sell (10)

Natural Gas Futures

6.173

-0.066 (-1.06%)

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Buy (7)

Sell (5)

Indicators:

Buy (10)

Sell (0)

US Coffee C Futures

223.40

-5.60 (-2.45%)

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↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

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Euro Stoxx 50

3,533.17

+96.88 (+2.82%)

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Neutral

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Buy (4)

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Buy (4)

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S&P 500

3,911.74

+116.01 (+3.06%)

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↑ Buy

Moving Avg:

Buy (12)

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Buy (8)

Sell (0)

DAX

13,118.13

+205.54 (+1.59%)

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Buy (2)

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Indicators:

Buy (2)

Sell (7)

FTSE 100

7,208.81

+188.36 (+2.68%)

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↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Hang Seng

21,719.06

+445.19 (+2.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

US Small Cap 2000

1,765.74

+54.06 (+3.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

8,244.10

+137.70 (+1.70%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

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Buy (3)

Sell (5)

BASF SE NA O.N.

42.215

+0.785 (+1.89%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

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Buy (7)

Sell (1)

Bayer AG NA

57.79

-0.75 (-1.28%)

Summary

↑ Sell

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Buy (5)

Sell (7)

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Buy (2)

Sell (7)

Allianz SE VNA O.N.

181.20

+2.20 (+1.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (4)

Adidas AG

170.36

+3.30 (+1.98%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (5)

Deutsche Lufthansa AG

5.966

-0.310 (-4.94%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (6)

Siemens AG Class N

102.62

+3.36 (+3.39%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Deutsche Bank AG

8.919

+0.407 (+4.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

    EUR/USD 1.0554 Buy  
    GBP/USD 1.2272 ↑ Sell  
    USD/JPY 135.23 ↑ Buy  
    AUD/USD 0.6944 ↑ Sell  
    USD/CAD 1.2891 ↑ Sell  
    EUR/JPY 142.71 ↑ Buy  
    EUR/CHF 1.0114 ↑ Sell  
    Gold 1,828.10 ↑ Buy  
    Silver 21.130 Sell  
    Copper 3.7365 Sell  
    Crude Oil WTI 107.06 ↑ Sell  
    Brent Oil 113.19 ↑ Sell  
    Natural Gas 6.173 ↑ Buy  
    US Coffee C 223.40 ↑ Buy  
    Euro Stoxx 50 3,533.17 Neutral  
    S&P 500 3,911.74 ↑ Buy  
    DAX 13,118.13 ↑ Sell  
    FTSE 100 7,208.81 ↑ Buy  
    Hang Seng 21,719.06 ↑ Buy  
    Small Cap 2000 1,765.74 ↑ Buy  
    IBEX 35 8,244.10 Sell  
    BASF 42.215 ↑ Buy  
    Bayer 57.79 ↑ Sell  
    Allianz 181.20 ↑ Sell  
    Adidas 170.36 ↑ Sell  
    Lufthansa 5.966 ↑ Sell  
    Siemens AG 102.62 ↑ Buy  
    Deutsche Bank AG 8.919 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,760/ 6,840
(6,760/ 6,840) # 1,696
SJC HCM6,785/ 6,865
(0/ 0) # 1,716
SJC Hanoi6,785/ 6,867
(0/ 0) # 1,718
SJC Danang6,785/ 6,867
(0/ 0) # 1,718
SJC Nhatrang6,785/ 6,867
(0/ 0) # 1,718
SJC Cantho6,785/ 6,867
(0/ 0) # 1,718
Cập nhật 26-06-2022 19:02:34
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ↀ Giá vàng thế giới
$1,827.54 +2.91 0.16%
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Sản phẩm Vùng 1 Vùng 2
RON 95-V33.47034.130
RON 95-III32.87033.520
E5 RON 92-II31.30031.920
DO 0.05S30.01030.610
DO 0,001S-V30.81031.420
Dầu hỏa 2-K28.78029.350
ↂ Giá dầu thô thế giới
WTI $107.55 0 0%
Brent $113.07 0 0%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.080,0023.390,00
EUR23.828,4125.163,09
GBP27.747,3328.930,97
JPY167,31177,13
KRW15,4518,82
Cập nhật lúc 18:52:30 26/06/2022
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