Pre-IPO Sector News Update

March 16, 2021

• Last week, Airtable raised $270 million at a $5.77 billion valuation.

• Coupang raised $4.55 billion in its IPO at a $60 billion valuation.

• Epic Games acquired Capturing Reality, a firm that develops technology to perform 3D scans of objects to create enhanced gaming graphics.

• Roblox went public via a direct listing that valued the company at $41.9 billion 

• Snyk raised $175 million at a $4.7 billion valuation.

• Stripe raised $600 million at a $95 billion valuation.

• ThoughtSpot raised $20 million from Snowflake Ventures.  

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

AIRTABLE

“Airtable is now valued at $5.77B with a fresh $270 million in Series E funding”

• https://techcrunch.com/2021/03/15/airtable-is-now-valued-at-5-77b-with-a-fresh-270-million-in-series-e-funding/

COUPANG

“ Coupang Stock Soars As Trading In Korean E-Commerce Company Begins”

• https://www.investors.com/news/technology/coupang-ipo-initial-public-offering-trades-thursday-korea-cpng-amzn-baba/

EPIC GAMES

“Epic Games buys photogrammetry software maker Capturing Reality”

• https://techcrunch.com/2021/03/09/epic-games-buys-photogrammetry-software-maker-capturing-reality/

ROBLOX

“Roblox Goes Public at $41.9 Billion Valuation in Direct Listing”

• https://venturebeat.com/2021/03/10/roblox-goes-public-at-42-2-billion-valuation-in-direct-listing/

SNYK

"How Snyk Targeted Developers to Become a $4.7B Cloud-security Giant"

• https://venturebeat.com/2021/03/10/how-snyk-targeted-developers-4-7-billion-cloud-security-giant/

STRIPE

“Stripe Closes $600M Round at a $95B Valuation”

• https://techcrunch.com/2021/03/14/stripe-closes-600m-round-at-a-95b-valuation/

THOUGHTSPOT

“ Will Snowflake’s $20M Investment In ThoughtSpot Pay Off?”

• https://www.forbes.com/sites/petercohan/2021/03/12/will-snowflakes-20m-investment-in-thoughtspot-pay-off/?sh=33f774687e99