Here’s Which VC-Backed Companies Are Going Public Via SPAC This Year (So Far)

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Going nationalist done a peculiar intent acquisition institution is officially mainstream. Special intent acquisition companies, erstwhile looked down upon by Wall Street-types arsenic a little respectable mode to spell public, person been forming and going nationalist astatine an unprecedented gait this year.

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According to SPAC Insider, 298 SPACs person had an archetypal nationalist offering truthful acold this year, raising much than $97 cardinal successful gross proceeds. While past twelvemonth was considered a grounds twelvemonth for SPACs, this twelvemonth has already shattered that record.

And successful the past year, the companies going nationalist are nary longer the under-the-radar types. Well-capitalized companies with brand-name recognition, similar familial investigating institution 23AndMe and online existent property buying level Opendoor, are among the companies that person gone nationalist oregon announced their intent to spell nationalist done a SPAC.

Here astatine Crunchbase News, we support a moving database of the companies that person gone nationalist this year. In the past, it’s mostly been comprised of IPOs, though determination person been nonstop listings present and there. This year, we began keeping way of SPACs that completed their mergers and began trading.

With SPACs forming and going nationalist each day, it seemed omniscient to support way of the companies that had announced they agreed to spell nationalist via SPAC arsenic well. The announced SPAC targets, if you will. So, we scoured quality reports and property releases and compiled a database of the venture-backed companies that person announced they volition beryllium merging with a SPAC. Companies that person been reported to beryllium successful talks to spell nationalist via SPAC aren’t included successful the list, and it volition beryllium updated weekly.

This nonfiction was past updated connected June 22, 2021.

SoFi
Date Announced: Jan. 7, 2021
Acquirer: Social Capital Hedosophia Corp. V
Valuation: $8.65 billion, per CNBC
Some Investors: Third Point Ventures, SoftBank

Achronix Semiconductor
Date Announced: Jan. 9, 2021
Acquirer: Ace Convergence Acquisition
Valuation: $2 billion, per Bloomberg
Some Investors: Battery Ventures, New Science Ventures

Bakkt
Date Announced: Jan. 11, 2021
Acquirer: VPC Impact Acquisition Holdings
Valuation: $2.1 billion
Some Investors: Goldfinch Partners, M12

Proterra
Date Announced: Jan. 12, 2021
Acquirer: ArcLight Clean Transition Corp.
Valuation: $1.6 billion
Some Investors: Tao Capital Partners, Daimler

Talkspace
Date Announced: Jan. 13, 2021
Acquirer: Hudson Executive Investment Corp.
Valuation: $1.4 billion
Some Investors: Spark Capital, Norwest Venture Partners

LiveVox
Date Announced: Jan. 14, 2021
Acquirer: Crescent Acquisition Corp.
Valuation: $840 million
Some Investors: Lunsford Capital, R&D Bauer Ventures

EVGo
Date Announced: Jan. 22, 2021
Acquirer: Climate Change Crisis Real Impact I Acquisition Corp.
Valuation: $2.6 billion
Some Investors: Vision Ridge Capital Partners

Latch
Date Announced: Jan. 25, 2021
Acquirer: TS Innovations Acquisitions Corp.
Valuation: $1.56 billion
Some Investors: Lux Capital, RRE Ventures

Taboola
Date Announced: Jan. 25, 2021
Acquirer: ION Acquisition Corp.
Valuation: $2.6 billion
Some Investors: Evergreen Venture Partners, Pitango Venture Capital

Nerdy
Date Announced: Jan. 29, 2021
Acquirer: TPG Pace Tech Opportunities
Valuation: $1.7 billion
Some Investors: TCV, Learn Capital

Playstudios
Date Announced: Feb. 1, 2021
Acquirer: Acies Acquisition Corp.
Valuation: $1.1 billion
Some Investors: Jafco Ventures

Otonomo
Date Announced: Feb. 1, 2021
Acquirer: Software Acquisition Group Inc. II
Valuation: $1.4 billion
Some Investors: Bessemer Venture Partners, SK Holdings

Microvast
Date Announced: Feb. 1, 2021
Acquirer: Tuscan Holdings Corp.
Valuation: $3 billion
Some Investors: IFC Venture Capital Group, CITIC Securities

Wheels Up
Date Announced: Feb. 1, 2021
Acquirer: Aspirational Consumer Lifestyle Corp.
Valuation: $2.1 billion
Some Investors: Blue Ivy Ventures, Alpaca VC

Astra
Date Announced: Feb. 2, 2021
Acquirer: Holicity Inc.
Valuation: $2.1 billion
Some Investors:  ACME Capital, Airbus Ventures

Payoneer
Date Announced: Feb. 3, 2021
Acquirer: FTAC Olympus Acquisition Corp.
Valuation: $3.3 billion
Some Investors: TCV, Viola Ventures

Vintage Wine Estates
Date Announced: Feb. 4, 2021
Acquirer: Bespoke Capital Acquisition Corp.
Valuation: $690 million
Some Investors: AGR Partners

23AndMe
Date Announced: Feb. 4, 2021
Acquirer: VG Acquisition Corp.
Valuation: $3.5 billion
Some Investors: Sequoia Capital, NextView Capital

Hyzon Motors
Date Announced: Feb. 9, 2021
Acquirer: Decarbonization Plus Acquisition Corp.
Valuation: $2.1 billion
Some Investors: Total Carbon Neutrality Ventures

Matterport
Date Announced: Feb. 11, 2021
Acquirer: Gores Holdings VI
Valuation: $2.9 billion
Some Investors: DCM Ventures, Lux Capital

Rover
Date Announced: Feb. 11, 2021
Acquirer: Nebula Caravel Acquisition Corp.
Valuation: $1.35 billion
Some Investors: Menlo Ventures, Spark Capital

Sharecare
Date Announced: Feb. 12, 2021
Acquirer: Falcon Capital Acquisition Corp.
Valuation: $3.9 billion
Some Investors: Heritage Group, Aflac Corporate Ventures

Owlet Baby Care
Date Announced:  Feb. 16, 2021
Acquirer: Sandbridge Acquisition Corp.
Valuation: $1 billion
Some Investors: Eclipse Ventures, Formation 8

AEye
Date Announced: Feb. 17, 2021
Acquirer: CF Finance Acquisition Corp.
Valuation: $2 billion
Some Investors: BootstrapLabs, Taiwania Capital

Xos
Date Announced: Feb. 22, 2021
Acquirer: NextGen Acquisition Corp.
Valuation: $2 billion
Some Investors: Build Capital Group, Proeza Ventures 

Lucid Motors
Date Announced: Feb. 22, 2021
Acquirer: Churchill Capital Corp. IV
Valuation: $11.75 billion
Some Investors: Venrock, Saudi Arabia’s Public Investment Fund

Berkshire Grey
Date Announced: Feb. 24, 2021
Acquirer: Revolution Acceleration Acquisition Corp.
Valuation: $2.7 billion
Some Investors: Khosla Ventures, SoftBank

Joby Aviation
Date Announced: Feb. 24, 2021
Acquirer: Reinvent Technology Partners
Valuation: $6.6 billion
Some Investors: Intel Capital, Capricorn Investment Group

Rocket Lab
Date Announced: March 1, 2021
Acquirer: Vector Acquisition Corp.
Valuation: $4.1 billion
Some Investors: Khosla Ventures, DCVC

QOMPLX
Date Announced: March 1, 2021
Acquirer: Tailwind Acquisition Corp.
Valuation: $1.4 billion
Some Investors: Exponential Partners, Motive Partners

Doma
Date Announced: March 2, 2021
Acquirer: Capital Investment Corp. V
Valuation: $3 billion
Some Investors: Foundation Capital, Greenspring Associates 

Hippo Insurance
Date Announced: March 4, 2021
Acquirer: Reinvent Technology Partners Z
Valuation: $5 billion
Some Investors: Comcast Ventures, Felicis Ventures

IonQ
Date Announced: March 8, 2021
Acquirer: dMY Technology Group Inc. III
Valuation: $2 billion
Some Investors: GV, New Enterprise Associates 

Evolv Technology
Date Announced: March 8, 2021
Acquirer: NewHold Investment Corp.
Valuation: $1.25 billion
Some Investors: Stanley Ventures, Lux Capital

Ambulnz (dba DocGo)
Date Announced: March 9, 2021
Acquirer: Motion Acquisition Corp.
Valuation: $1.1 billion
Some Investors: N/A.

IronNet
Date Announced: March 15, 2021
Acquirer: LGL Systems Acquisition Corp.
Valuation: $1.2 billion
Some Investors: ForgePoint Capital, C5 Capital

Offerpad
Date Announced: March 18, 2021
Acquirer: Supernova Partners Acquisition Co.
Valuation: $3 billion
Some Investors: LL Funds

Rockley Photonics
Date Announced: March 19, 2021
Acquirer: SC Health Corp.
Valuation: $1.2 billion
Some Investors: Kreos Capital, Morningside Venture Investments

ironSource 
Date Announced: March 21, 2021
Acquirer: Thoma Bravo Advantage
Valuation: $11.1 billion
Some Investors: Viola Ventures, Access Industries

Velo3D
Date Announced: March 23, 2021
Acquirer: JAWS Spitfire Acquisition Corp.
Valuation: $1.6 billion
Some Investors: Khosla Ventures, Piva Capital

WeWork
Date Announced: March 26, 2021
Acquirer: BowX Acquisition Corp.
Valuation: $9 billion
Some Investors: SoftBank Vision Fund, Hony Capital

SomaLogic
Date Announced: March 29, 2021
Acquirer: CM Life Sciences II
Valuation: $1.23 billion
Some Investors: Foresite Capital, Fiscus Ventures

Cazoo
Date Announced: March 29, 2021
Acquirer: AJAX I
Valuation: $7 billion
Some Investors: Stride.VC, General Catalyst

Lilium
Date Announced: March 30, 2021
Acquirer: Qell Acquisition Corp.
Valuation: $3.3 billion
Some Investors: Tencent Holdings, Freigeist Capital

BetterTherapeutics
Date Announced: April 7, 2021
Acquirer: Mountain Crest Acquisition Corp. II
Valuation: $187 million
Some Investors: Not available.

Tango Therapeutics
Date Announced: April 14, 2021
Acquirer: BCTG Acquisition Corp.
Valuation: $353 million
Some Investors: Casdin Capital, Boxer Capital

Vicarious Surgical
Date Announced: April 15
Acquirer: D8 Holdings Corp.
Valuation: $1.1 billion
Some Investors: Khosla Ventures, Gates Frontier Fund

SmartRent
Date Announced: April 22, 2021
Acquirer: Fifth Wall Acquisition Corp. I
Valuation: $2.2 billion
Some Investors: Spark Capital, Fifth Wall 

Enjoy Technology
Date Announced: April 28, 2021
Acquirer: Marquee Raine Acquisition Corp.
Valuation: $1.2 billion
Some Investors: L Catterton, Highland Capital Partners

ShapeWays
Date Announced: April 28, 2021
Acquirer: Galileo Acquisition Corp.
Valuation: $410 million
Some Investors: Lux Capital, Andreessen Horowitz

Sonder
Date Announced: April 30, 2021
Acquirer: Gores Metropoulos II Inc.
Valuation: $2.2 billion
Some Investors: Greylock, Spark Capital

Jasper Therapeutics
Date Announced: May 6, 2021
Acquirer: Amplitude Healthcare Acquisition Corp.
Valuation: N/A
Some Investors: Roche Venture Fund, Qiming Venture Partners USA

Science 37
Date Announced: May 7, 2021
Acquirer: LifeSci Acquisition II Corp.
Valuation: $1.05 billion
Some Investors: Lux Capital, Redmile Group

Benson Hill
Date Announced: May 10, 2021
Acquirer: Star Peak Corp. II
Valuation: $2 billion
Some Investors: GV, Lewis & Clark Ventures

Plus
Date Announced: May 10, 2021
Acquirer: Hennessy Capital Acquisition Corp.
Valuation: $3.3 billion
Some Investors: Sequoia Capital China, ClearVUE Partners

Better.com
Date Announced: May 11, 2021
Acquirer: Aurora Acquisition Corp.
Valuation: $7.7 billion
Some Investors: SoftBank, L Catterton

Ginkgo Bioworks
Date Announced: May 11, 2021
Acquirer: Soaring Eagle Acquisition Corp.
Valuation: $17.5 billion
Some Investors: DCVC, Viking Global Investors

Bird
Date Announced: May 12, 2021
Acquirer: Switchback II
Valuation: $2.3 billion
Some Investors: Sequoia Capital, Craft Ventures

Bright Machines
Date Announced: May 17, 2021
Acquirer: SCVX
Valuation: $1.1 billion
Some Investors: Eclipse Ventures, Lux Capital

Jam City
Date Announced: May 20, 2021
Acquirer: DPCM Capital
Valuation: $1.1 billion
Some Investors: Austin Ventures, Netmarble

Tritium
Date Announced: May 26, 2021
Acquirer: Soaring Eagle Acquisition Corp.
Valuation: $1.2 billion
Some Investors: Brian Flannery, Gilbarco Veeder Root

Acorns
Date Announced: May 27, 2021
Acquirer: Pioneer Merger Corp.
Valuation: $2.2 billion
Some Investors: Greycroft, PayPal Ventures

Wejo

Date Announced: May 28, 2021

Acquirer: Virtuoso Acquisition Corp.

Valuation: $1.1 billion

Some Investors: General Motors, DIP Capital

Babylon Health

Date Announced: June 3, 2021

Acquirer: Alkuri Global Acquisition Corp.

Valuation: $3.6 billion

Some Investors: Hoxton Ventures, Saudi Arabia’s Public Investment Fund

Dave

Date Announced: June 7, 2021

Acquirer: VPC Impact Acquisition Holdings III

Valuation: $4 billion

Some Investors: Norwest Venture Partners, Victory Park Capital

NextNav

Date Announced: June 10, 2021

Acquirer: Spartacus Acquisition Corp.

Valuation: $1.2 billion 

Some Investors: New Enterprise Associates, Fortress Investment Group

Vertical Aerospace

Date Announced: June 10

Acquirer: Broadstone Acquisition Corp.

Valuation: $2.2 billion

Some Investors: N/A

Boxed 

Date Announced: June 14

Acquirer: Seven Oaks Acquisition Corp.

Valuation: $887 million 

Some Investors: Greycroft, DST Global

Pear Therapeutics

Date Announced: June 22, 2021

Acquirer: Thimble Point Acquisition

Valuation: $1.6 billion

Some Investors: Temasek Holdings, SoftBank Vision Fund

Illustration: Dom Guzman

Source: https://news.crunchbase.com/news/heres-which-vc-backed-companies-are-going-public-via-spac-this-year-so-far/