Rovio said to plan $2B IPO
Angry Birds may be going public. Rovio Entertainment, maker of the Angry Birds mobile games, is planning an IPO that could value the Finnish company at about $2 billion, according to a Bloomberg report citing unnamed sources.
Cryptocurrency space heats up
The cryptocurrency space is heating up further. Bitcoin recently topped $4,000 for the first time, and startup Protocol Labs launched a massive initial coin offering for its Filecoin Network, raising close to $200 million from accredited investors, following a previous raise of $52 million from venture firms including Andreessen Horowitz, Sequoia Capital and other high profile investors.
Smart toy sector heats up
VCs aren’t playing around when it comes to connected toys, Crunchbase News reports. Investors have pumped hundreds of millions into smart toy developers like Anki and Sphero, betting that a generation of kids raised in the iPad era will appreciate AI- and app-controlled versions of cars, balls and other playthings. In other news, we look at investment trends for sensor tech startups.
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