June 22 - 10:06
Big data firm Palantir raises $500mn amid IPO speculation
Big data company Palantir has raised $500 million in new funding amid rumours of an IPO filing. Tokyo-based insurer Sompo Holdings Inc. provided the entirety of the funding, the companies announced in a filing. As part of the agreement, Palantir and Sompo will launch a data platform based on Palantir technology with an initial focus on the Japanese healthcare sector, the filing revealed.
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