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Portfolio Company Updates
Elon Musk’s SpaceX raised $850 million, jumping valuation to $74 billion
SpaceX completed another monster equity funding round of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation skyrocketing to about
Topgolf plans new SoCal locations for 2022, signaling continued growth after Callaway merger
Dallas-based Topgolf Entertainment Group will open its first two locations in southern California in early 2022, the company said Monday. The new projects signal that Topgolf
Arrive, FlashParking merger a ‘growth story’ as companies combine forces to reinvent parking
Despite the precipitous drop in demand for parking in 2020, two parking tech startups see a bright future for the industry and have merged to help
SpaceX gets almost $900 million in federal subsidies to deliver broadband to rural America
The US government plans to give SpaceX nearly a billion dollars to beam internet from space to people across rural America, where three out of five
McCormick buys hot-sauce maker Cholula
Seasonings company pays $800 million to private-equity firm L Catterton for the brand
SpaceX launch kicks off regular commercial flights into orbit
Just before 7:30 p.m. U.S. eastern time, a SpaceX Falcon 9 rocket thundered through the nighttime sky over Cape Canaveral, Florida, carrying four astronauts to the International Space Station.
Callaway and TopGolf to combine, creating a global golf and entertainment leader
Callaway (NYSE:ELY) and Topgolf Entertainment Group (“Topgolf”) today announced that the companies have entered into a definitive merger agreement. Under the terms of the agreement, Callaway
Dallas eyecare group says there’s more to come after recently completing 12 acquisitions
The eyecare platform of a Dallas firm recently completed 12 acquisitions, and is on track to own and operate more than 200 practices by the end
Secondhand clothing is more popular than ever. Even in a pandemic
Big clothing chains are struggling in the pandemic, but for Christina Hurtado, sales are booming. Hurtado, a full-time nurse, sells clothing under the handle @glittermethod on
Second-Hand Luxury Still Shines at The RealReal
The coronavirus pandemic weighed on luxury consignment marketplace The RealReal’s profitability, but other numbers point to a bright future ahead. Revenue declined 21% in the quarter
Topgolf Opens Second Innovative, Open-Air Venue in Chattanooga
Topgolf Entertainment Group, a global sports and entertainment company, announced its newest venue located in Chattanooga, Tenn. will open its doors to the public on Aug. 7. The new
Topgolf on Public Course
Topgolf is reportedly in talks to go public in a merger with the special purpose acquisition company Churchill Capital Corp. II. The Dallas-based entertainment company was rumored to
