Pre-IPO Sector News Update

March 16, 2020

Last week, Epic Games acquired Cubic Motion, a facial mapping startup, to enhance its gaming development tools.

Hashicorp was raising $175 million at a $5.25 billion valuation.

Impossible Foods raised $500 million at an undisclosed valuation.

Magic Leap was looking for a buyer.

Unity acquired Artomatix, an AI game development firm, to bolster its 3D gaming platform.

The news articles and links presented below are available for your reference.

EPIC GAMES

“Epic Games Buys UK facial Mapping Startup Cubic Motion”

• https://techcrunch.com/2020/03/12/epic-games-buys-uk-facial-mapping-startup-cubic-motion/

HASHICORP

“Exclusive: DevOps Unicorn HashiCorp Could be Valued at $5.25B in New Round”

• https://pitchbook.com/news/articles/devops-company-hashicorp-seeks-525b-valuation-in-new-round

IMPOSSIBLE FOODS

“ Impossible Foods Raises $500 Million And Braces For Volatility From Coronavirus”

• https://www.forbes.com/sites/chloesorvino/2020/03/16/impossible-foods-raises-500-million-and-braces-for-volatility-from-coronavirus/#74fc2d587d04

MAGIC LEAP

“Magic Leap is Reportedly Trying to Find a Buyer”

• https://www.engadget.com/2020/03/12/magic-leap-up-for-sale/

UNITY

“Unity Acquires Dublin-based Deep Learning Startup Artomatix”

• https://techcrunch.com/2020/03/11/unity-acquires-dublin-based-deep-learning-startup-artomatix/