Shanda Helps Lending Club Unlock Value with Bank Acquisition
Shanda was able to help Lending Club in their acquisition of Radius Bancorp, a step which puts Lending Club on track for an official bank charter. To smooth the transaction, Shanda agreed to trade its 22% stake in the company for nonvoting shares and was paid $50.2 million as part of the deal.
WhizAI Closes New Round with Investment from Shanda Group and AmerisourceBergen Bringing Total Capital Raised to $21 MillionSOMERSET, N.J.–(BUSINESS WIRE)–WhizAI, the first and only augmented analytics platform purpose built for the life sciences and healthcare industries, has […]
Foundation Capital Invests in Vibe Capital, a New Venture Firm Built for Scrappy International FoundersLimited partners in Vibe Capital include Bessemer Venture Partners, Tribe Capital and Foundation Capital, as well as individuals including GSV […]
Digital therapy maker Pear Therapeutics shakes the money tree, with plans to go public in $1.6B SPAC dealOne of Shanda’s portfolio companies, the digital treatment developer Pear Therapeutics, is taking the SPAC track, going public through a […]