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Summary
Momenta has begun taking investor orders for a Hong Kong IPO aimed at raising about HK$5.9 billion, or $752 million. The deal targets a Hong Kong equity issuance market that has hit a multiyear high.
Why it matters
A successful float would strengthen Hong Kong as an exit route for late-stage mobility AI and reset pricing for autonomous-driving startups seeking capital beyond VC.
Summary
Float Financial raised C$85 million (about US$60 million) in a Series C round led by Inovia Capital, with Goldman Sachs participating. The company provides a business finance platform for Canadian firms.
Why it matters
The financing signals sustained investor conviction in business spend and finance platforms and intensifies the race to own Canadian companies' finance stack.
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