Pre-IPO Sector News
July 26, 2021
Last week, Byju’s acquired Epic, a children’s online reading platform, for $500 million.
Couchbase raised $200 million in its IPO at roughly $960 million valuation.
Currencycloud was acquired by Visa for £700 million ($962 million).
Epic Games acquired Sketchfab, a 3D publishing platform.
Ethos Life raised $100 million at $2.7 billion valuation.
GoPuff was raising $1 billion at a $15 billion valuation.
Rivian raised $2.5 billion in a new funding round.
Scopely invested $50 million into three European mobile game studios (Omnidrone, Tag Games and Pixel Toys) to develop mobile games.
Zomato raised $1.26 billion in its IPO at roughly $8 billion valuation.
The news articles and links presented below are available for your reference.
BYJU’S
“Byju’s Acquires Kids Online Reading Platform Epic For $500M”
COUCHBASE
“Database Software Company Couchbase Valued at Nearly $1.2 Bln in Nasdaq Debut”
CURRENCYCLOUD
“Visa Makes Another Big Bet on Fintech, Buying UK Payments Start-up Currencycloud”
EPIC GAMES
“Sketchfab is Now Part of Epic Games”
ETHOS Life
“Ethos Picks Up $100M at a $2.7B+ Valuation for a Big Data Platform to Improve Life Insurance Accessibility”
GOPUFF
“Delivery Startup Gopuff to Raise Funds at $15 Billion Valuation”
RIVIAN
“Rivian Raises Another $2.5B, Pushing its EV War Chest up to $10.5B”
SCOPELY
“Scopely Invests $50M in 3 European Mobile Game Studios”
ZOMATO
“India's Zomato raises $1.26 bln in IPO – sources”