Pre-IPO Sector News Update

August 2, 2021

  • Last week, Algolia raised $150 million at a $2.25 billion valuation.

  • Duolingo raised $521 million in its IPO at a $3.66 billion valuation.

  • Neuralink raised $205 million in a new funding round.

  • Robinhood raised $2.1 billion in its IPO at a $31.8 billion valuation.

  • ZocDoc appointed Edward Liu as its new CFO. Liu previously worked in Morgan Stanley’s investment banking division.

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

ALGOLIA

"Search API Startup Algolia Raises $150 Million at $2.25 Billion Valuation"

DUOLINGO

“Language App Duolingo’s IPO Exceeds Goal to Raise $521 Million"

NEURALINK

"Elon Musk’s Brain Computer Start-up Raises $205 Million From Google Ventures and Others"

ROBINHOOD

"Robinhood, Gateway to 'Meme' Stocks, Raises $2.1 Billion in IPO"

ZOCDOC

"ZocDoc Names Morgan Stanley Investment Banker as CFO"

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