equity capital

Earlier this year, it announced a $600 million equity capital fundraise at a pre-money valuation of $10 billion, making it one of the most valuable private quantum companies.

“Navan’s IPO provided just a glimmer of joy for the equity capital markets in the midst of government shutdown gloom,” said Samuel Kerr, global head of equity capital markets at Mergermarket, in an email to Barron’s.

JPMorgan also led in equity capital markets activity, which has risen 16.2% to $185.9 billion in 2025 through Sept. 30, according to LSEG.

While London raised three times more equity capital than the next three European exchanges combined next year, there is more to do to ensure we attract the most promising companies to list on our shores.

The company raised $1 billion in equity capital and borrowed even more, but ran out of money.