June 15, 2020

Last week, Instacart raised $225 million at a $13.70 billion valuation.

DoorDash was raising funds at a $15 billion valuation.

ByteDance was planning to shut down its Vigo platform, Indian social media apps, to focus its efforts on TikTok.

Lemonade filed its S1 for its upcoming IPO.

Vroom raised more than $400 million in its IPO at a $2.5 billion valuation.

Snowflake confidentially filed documents for its upcoming IPO.

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

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June 8, 2020

Last week, ZoomInfo raised more than $900 million in its IPO at a $8 billion valuation.

ByteDance shut down its TopBuzz product offering after this product struggled to gain traction with its international user base.

Unity hired Goldman Sachs to lead its IPO offering.

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June 1, 2010

Last week, ByteDance reported that the company generated $17 billion in revenue with $3 billion in profit.

Magic Leap’s CEO planned to step down as the company was searching for his replacement.

Marqeta raised $150 million at a $4.3 billion valuation.

SpaceX raised $346 million in its latest funding round.

Zoox was having advanced talks to be acquired by Amazon.

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

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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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