Panoramic Ventures launches with $300M fund

Atlanta-based Panoramic Ventures has launched with a $300 million inaugural fund that will focus on investments outside the major coastal tech hubs, with an emphasis on racial and gender diversity. The new firm is a partnership between entrepreneur and investor Paul Judge, and Atlanta-based venture firm BIP Capital.

Shares of China-based Kuaishou Technology more than doubled in first-day trading as the stock debuted in Hong Kong after raising $5.4 billion in its IPO. The offering follows a period of sharp growth for Tencent-backed Kuaishou, an online video platform and TikTok rival.

Health insurance company Oscar Health officially filed plans to go public, showing in filings that revenues are up slightly and that its losses are shrinking. And sustainable online grocer Imperfect Foods added $15 million to its previously announced $95 million Series D funding round, bringing the total raised to $110 million.