Pre-IPO Sector News Update

September 14, 2020

• Last week, Airtable raised $185 million at a $2.58 billion valuation.

• Tiktok was having advanced discussions to be acquired by Oracle.

• Klarna was in talks with investors to raise a new funding round at a valuation greater than $10 billion.

• Zymergen raised $300 million in its Series D round.

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

AIRTABLE

“Airtable Raises $185M and Launches New Low-code and Automation Features"

• https://techcrunch.com/2020/09/14/airtable-raises-185m-and-launches-new-low-code-and-automation-features/

BYTEDANCE

“ByteDance Picks Oracle as Partner to Try to Save TikTok U.S.: Sources”

• https://www.reuters.com/article/us-china-bytedance-tiktok-oracle/bytedance-picks-oracle-as-partner-to-try-to-save-tiktok-u-s-sources-idUSKBN265000

KLARNA

"Exclusive: Klarna Talks to Investors on Raising Funds at Over $10 Billion Valuation: Sources"

• https://www.reuters.com/article/us-klarna-funding-exclusive/exclusive-klarna-talks-to-investors-on-raising-funds-at-over-10-billion-valuation-sources-idUSKBN25Z20W

ZYMERGEN

"Zymergen Raised $300 Million Because Synthetic Biology is so Hot Right Now"

• https://techcrunch.com/2020/09/09/zymergen-raised-300-million-because-synthetic-biology-is-so-hot-right-now/