Pre-IPO News Sector Update
August 17, 2020
Last week, Blend raised $75 million at a $1.7 billion valuation.
Epic Games decided to sue Apple and Google once Apple and Google removed Fortnite from their app stores. Apple and Google decided to remove Fortnite since Epic Games declined to pay the transaction fee for Fornite’s in-app purchases.
Impossible Foods raised $200 million in a new funding round.
The news articles and links presented below are available for your reference.
BLEND
“Digital Loan Start-up Blend Jumps to $1.7 Billion Valuation as Mortgage Demand Surges”
EPIC GAMES
"Fortnite Banned From Apple and Google App Stores -- and Developer Epic Sues"
IMPOSSIBLE FOODs
“Impossible Foods Lands $200 Million in Additional Funding"