News & Highlights

New York, NY – Litigation Finance—an asset class outside traditional markets—is gaining investor attention with the planned SPAC deal between Alchemy Investments Acquisition Corp 1 (Nasdaq: ALCY) and Cartiga, LLC.

Palo Alto, Calif. – D-Wave Quantum Inc. (NYSE: QBTS) announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $15 million, up over 500% year-over-year, and a record quarterly GAAP gross profit of $13.9 million. The quarter-end cash position reached a record of $304.3 million.

Guangzhou, China and San Francisco – WeRide (NASDAQ: WRD) and Uber Technologies, Inc. (NYSE: UBER) have announced a significant expansion of their strategic partnership.

Limassol, Cyprus – GDEV Inc. (NASDAQ: GDEV), announced the development of Pixel Gun 2, a cross-platform sequel to Pixel Gun 3D. Developed by Cubic Games, it is set to launch in early 2026 on iOS, Android, and Steam, with console versions to follow. Pixel Gun 2 aims to provide a next-generation arena shooter experience while…

GUANGZHOU, China and SAN FRANCISCO – Pony AI Inc. (Nasdaq: PONY) and Uber Technologies, Inc. (NYSE: UBER), have announced a strategic partnership to deploy Pony.ai’s Robotaxis onto the Uber platform.

NÜRTINGEN, Germany – ADS-TEC Energy (NASDAQ: ADSE) has secured up to $50 million in growth capital from institutional investors to expand across Europe and North America. The offering is expected to close on May 1, 2025, pending customary conditions.

Nearly a year after its highly anticipated initial public offering, Reddit (RDDT) has established itself as an interesting, albeit still complex, stock in the public market. The platform, known for its diverse and engaged user communities, is navigating between impressive growth and the ongoing task of effectively monetizing that growth.

Dallas, TX – Aurora Innovation, Inc. (NASDAQ: AUR) has launched its commercial self-driving trucking service in Texas. Following the closure of its safety case, Aurora began regular driverless customer deliveries between Dallas and Houston this week.

OREM, Utah – SunPower (Nasdaq: SPWR) reported its Q1 2025 results, marking its first profitable quarter in four years. The company, formerly Complete Solaria, Inc., achieved a revenue of $80.2 million and a profit of $1.3 million.

Since its public debut via a SPAC merger in 2021, SoFi Technologies (NASDAQ: SOFI) has navigated a notable journey. Initial enthusiasm gave way to a period of valuation compression as the company pursued its ambitious growth plans amidst a challenging economic environment.