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.
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.
July 19, 2021
Last week, Amplitude confidentially filed documents for its IPO.
Blend Labs raised $360 million in its IPO at roughly a $4 billon valuation.
Carta was raising between $500 million and $600 million at a $7.4 billon valuation.
Cybereason raised $275 million at a $3.1 billion valuation.
Discord acquired Sentropy, a software that detects and removes online harassment.
Revolut raised $800 million at a $33 billion valuation.
In its latest regulatory filing, Robinhood planned to sell its shares at a range of $38 per share to $42 per share, raising roughly $2.3 billion at the top end of the range which translates to a $35 billion valuation.
July 12, 2021
Last week, Circle Internet Financial planned to be acquired by Concord Acquisition Corp, a SPAC, in a deal that values the company at $4.5 billion.
Dataminr acquired WatchKeeper, a security visualization software.
Flipkart raised $3.6 billion at a $37.6 billion valuation.
Instacart appointed Fidji Simo as its new CEO. Simo previously worked as the Head of Facebook’s App division.
Klarna acquired Hero, a software that connects online shoppers to retail workers.
Kurly raised $200M at a $2.2 billion valuation.
Netskope raised $300 million at a $7.5 billion valuation.
Nextdoor planned to be acquired by Khosla Ventures Acquisition Co. II, a SPAC, in a deal that values the company at $4.3 billion.
Ola was raising $500 million in a new funding round.
Planet Labs planned to be acquired by dMY Technology Group Inc IV, a SPAC, in a deal that values the company at $2.8 billion.
Wise (formerly TransferWise) went public via a direct listing that valued the company at $11 billion.
July 7, 2021
Last week, Didi Chuxing raised $4.4 billion in its IPO at a $73 billion valuation (fully diluted basis). A few days following Didi’s IPO, China’s cybersecurity division decided to remove Didi’s app from the app store due to Didi’s improper collection of customer’s personal information.
Discord acquired Ubiquity6, an augmented reality startup.
Duolingo filed its S1 for its upcoming IPO.
Robinhood filed its S1 for its upcoming IPO.
Roman Health (Ro) acquired Kit, an at-home diagnostics startup.
SentinelOne raised $1.2 billion in its IPO at a $10.5 billion (fully diluted basis).
ServiceTitan raised $200 million at a $9.5 billion valuation. In addition, the company acquired Aspire Software, a commercial landscaping startup.
June 28, 2021
Last week, Buzzfeed planned to be acquired by 890 Fifth Avenue Partners, a SPAC, in a deal that values the company at $1.5 billion. The company also acquired Complex Networks, a digital publisher that specializes in content for Gen Z and Millennials , for $300 million.
Confluent raised $828 million in its IPO at roughly $9 billion valuation.
Robinhood’s IPO was delayed due to the SEC investigation of its growing crypto business.
Quanergy planned to be acquired by CITIC Capital Acquisition Corp, a SPAC, in a deal that values the company at $1.4 billion.
Wise (formerly TransferWise) confirmed that they will be performing a direct listing on the London Stock Exchange in early July at a valuation between $6 billion and 7 billion.