Pre-IPO Sector News Update
May 11, 2020
Last week, Lime raised $170 million from Uber at a $510 million valuation.
MemSQL raised $50 million in a debt offering.
Robinhood raised $280 million at a $8.3 billion valuation.
Unity acquired Finger Food Advanced Technology Group, a firm that develops advanced AR/VR, AI and robotics solutions, to develop its real-time 3D (RT3D) content.
Zoox hired Qatalyst investment bank in an effort to look for buyer.
Two weeks ago, Procore raised more than $150 million at a $5 billion valuation as the company shelved its IPO plans.
LIME
“Uber Leads $170M Lime Investment, Offloads Jump to Lime"
MEMSQL
“MemSQL Raises $50 Million to Advance its Database Tech"
PROCORE
“Procore to Postpone IPO, Raise Funds at $5 Billion Value"
ROBINHOOD
“Robinhood Raises $280M, Pushing its Valuation to $8.3B"
UNITY
“Unity Technologies Acquires Finger Food Advanced Technology Group"
ZOOX
“Self-Driving Unicorn Zoox Shops For A Buyer"