After Spotify and Avast going public, and Adyen, Farfetch and Home24 about to list their shares on exchanges soon, get ready for two more European tech companies to 'go IPO'.
Germany-based Marley Spoon, a subscription-based meal kit provider, today announced an IPO to raise 70 million Australian dollars at a AUD$200 million valuation. The company was started and has most of its operations in Berlin but is enjoying a growth surge in Australia, hence their desire to list on the Australian Securities Exchange (ASX).
Meanwhile Navya, a Lyon, France-based company that builds electric, self-driving shuttles for use in urban areas, airports etc. has announced the registration of its 'document de base' with the French financial markets authority, a first step towards an IPO of its shares on the Euronext Paris exchange.
The French autonomous vehicles maker was founded in 2014 and currently boasts more than 200 employees in France (Paris and Lyon) and the United States (Michigan). Navya generated €10 million in revenue in 2017, and estimates almost fiftyfold those sales figures by 2021.
Alright, who's up next?
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