Marc Lore's Wonder Raises $650 Million and Bets It All on an IPO Next Year
Marc Lore's food-hall company Wonder closed a $650 million Series D at a $9 billion valuation, with Cathie Wood's ARK Invest and AllianceBernstein joining the round. Lore says the company is ready to go public early next year, even though Wonder expects to burn $2.7 billion through 2029.