May 26, 2020

Last week, ByteDance hired Kevin Mayer as TikTok’s new CEO. Mayer was previously an executive at Disney who was critical in the development of the Disney Plus streaming service.

Couchbase raised $105 million in its Series G funding round.

Magic Leap raised $350 million in a funding round.

MasterClass raised $100 million at roughly $800 million valuation.

Rent the Runway was raising $25 million at roughly a $750 million valuation.

Samsara raised $400 million at a $5.4 billion valuation.

Two weeks ago, Discord was rumored to be raising funds at a valuation between $3 billion and $4 billion.

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May 18, 2020

Last week, DigitalOcean raised $50 million at a $1.15 billion valuation.

Instacart was rumored to be raising several hundreds of millions of dollars in a new funding round at a pre-money valuation between $12 billion to $14 billion.

MachineZone was acquired by AppLovin.

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

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May 11, 2020

Last week, Lime raised $170 million from Uber at a $510 million valuation.

MemSQL raised $50 million in a debt offering.

Robinhood raised $280 million at a $8.3 billion valuation.

Unity acquired Finger Food Advanced Technology Group, a firm that develops advanced AR/VR, AI and robotics solutions, to develop its real-time 3D (RT3D) content.

Zoox hired Qatalyst investment bank in an effort to look for buyer.

Two weeks ago, Procore raised more than $150 million at a $5 billion valuation as the company shelved its IPO plans.

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May 4, 2020

Last week, Scopely acquired PierPlay, developer of popular mobile game Scrabble Go, after partnering with PierPlay To launch Scrabble Go.

Impossible Foods was in talks to raise new funding from Chinese investors.

Byju’s was raising $400 million at a $10B valuation.

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April 27, 2020

Last week, AvidXchange raised $128 million as an extension of its Series F funding round.

Confluent raised $250 million at a $4.5 billion valuation.

Magic Leap laid off half of its workforce and stated that it’s transitioning its mixed reality software to solely focus on enterprise solutions.

Paytm was in talks with Microsoft to raise $100 million.

SoFi acquired 8 Securities, a Hong Kong based robo-advisor and investment app, to expand its presence internationally.

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April 20, 2020

Last week, Coupang disclosed that the company generated 7.15 trillion won ($5.9 billion) in revenue with an operating loss of 720.5 billion won ($590 million) in FY 2019.

Didi Chuxing received a $1 billion investment into its bike sharing business.

Impossible Foods significantly increased its distribution to 777 grocery store across the US.

Robinhood was raising more than $200 million at a valuation greater than $8 billion.

Stripe raised $600 million as an extension of its Series G round at a $36 billion valuation.

Two weeks ago, Cohesity raised $250 million in its Series E round.

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