½ûÂþÌìÌÃ

Briefing

The Briefing: COVID Test Maker Cue Health Files For IPO, Corelight Lands $75M, And More

Illustration of CB reporters working.

Here’s what you need to know today in startup and venture news, updated by the ½ûÂþÌìÌà News staff throughout the day to keep you in the know.

Subscribe to the ½ûÂþÌìÌà Daily

COVID test maker Cue Health files for IPO

San Diego-based test kit provider filed to raise up to $100 million in a planned IPO.

The company offers a COVID-19 test kit, along with a corresponding app. The company, which says it delivers test results to one’s mobile device in about 20 minutes, is also currently developing a range of tests in various areas, including women’s health, sexual health and respiratory health.

Cue reported revenue of $201.9 million in the first six months of this year, up from $15.4 million in the year-ago period. It posted a profit of $32.8 million in the first half of 2021.

Major shareholders in the company include and .

Corelight lands $75M

San Francisco-based , a provider of network traffic analysis tools for cybersecurity, reportedly in a Series D round led by . Founded in 2013, Corelight previously raised around $84 million in known funding, per ½ûÂþÌìÌà data.

Funding rounds

Cajoo bags $40M for grocery delivery: Paris-based , a home grocery delivery service, raised $40 million in a Series A financing led by .

—  Joanna Glasner

Illustration:

Stay up to date with recent funding rounds, acquisitions, and more with the ½ûÂþÌìÌà Daily.

67.1K Followers

CTA

Discover and act on private market opportunities with predictive company intelligence.

Copy link