Horizons Ventures-backed proptech start-up Doma said it would go public through a merger with SPAC Capitol Investment Corp V in a deal valued at US$3 billion. Photo: Nathan Tsui Horizons Ventures-backed proptech start-up Doma said it would go public through a merger with SPAC Capitol Investment Corp V in a deal valued at US$3 billion. Photo: Nathan Tsui
Horizons Ventures-backed proptech start-up Doma said it would go public through a merger with SPAC Capitol Investment Corp V in a deal valued at US$3 billion. Photo: Nathan Tsui

Hong Kong’s ‘Superman’ tycoon jumps on the SPAC mania, selling at least three of Horizons Ventures’ fintech units to blank-cheque investors

  • Hippo Enterprises, Doma and Bakkt Holdings – all backed by Horizons Ventures – have entered into merger deals with SPACs
  • SPACs are expected to spur some US$300 billion in mergers and acquisitions over the next two years, according to a Goldman Sachs estimate

Topic |   Mergers & Acquisitions
Horizons Ventures-backed proptech start-up Doma said it would go public through a merger with SPAC Capitol Investment Corp V in a deal valued at US$3 billion. Photo: Nathan Tsui Horizons Ventures-backed proptech start-up Doma said it would go public through a merger with SPAC Capitol Investment Corp V in a deal valued at US$3 billion. Photo: Nathan Tsui
Horizons Ventures-backed proptech start-up Doma said it would go public through a merger with SPAC Capitol Investment Corp V in a deal valued at US$3 billion. Photo: Nathan Tsui
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