Electric aviation startup Beta Technologies has priced shares for its initial public offering between $27 and $33, in hopes of raising as much as $825 million, according to a regulatory document filed with the U.S. Securities and Exchange Commission. If the company attracts investors at the top of that range it will debut with a […]
Electric aircraft startup Beta Technologies seeks to raise $825M in IPO Read More »
Corporate travel management company Navan — once known as TripActions — filed updated IPO documents with the U.S. Securities and Exchange Commission on Friday, even though the federal government is currently shut down. Navan is proceeding under new SEC rules that allows wanna-be public companies that are in limbo during the shutdown to file updated information, including share count and pricing, and have their statements automatically okayed in 20 days without staff scrutiny. Once
Navan plows ahead with IPO during shutdown, aims for $6.45B valuation Read More »
Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan be trading on the public market by 2025. Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, and 1789 Capital, among others. Cerebras,
A year after filing to IPO, still-private Cerebras Systems raises $1.1B Read More »
Cybersecurity is a massive sector, but startups in the category are more likely to be acquired than go public. Even Wiz, which for a time held the title of the fastest-growing startup, abandoned its IPO ambitions when it agreed to sell to Google earlier this year. In the past few years, there have been scant
Netskope follows Rubrik as a rare cybersecurity IPO, both backed by Lightspeed Read More »
Even while the tech industry is still fanning its face over Figma’s hot IPO on Thursday, another significant tech IPO occurred this week: Ambiq Micro. On Wednesday, the chip maker for wearable devices saw its shares climb from the initial price of $24 to over $42 on Friday. There’s one thing both companies have in
Kleiner Perkins is having a very good week Read More »
Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. The price is currently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance reports. The company and existing
Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B Read More »
Figma will begin trading on the New York Stock Exchange on Thursday in one of the most anticipated IPOs of 2025. The IPO is 40x oversubscribed, VCs confirmed to TechCrunch and Bloomberg previously reported. That means demand for shares is 40x the number of shares the company and its existing investors are selling. So it
Figma’s IPO price hit a $19.3B valuation out of the gate Read More »
Enterprise design startup Figma enters the next step of its IPO journey. Figma announced that it is kicking off its IPO roadshow on Monday. The company plans to offer more than 36 million shares of class A stock that are expected to be priced between $25 and $28 a share. This offering includes a mix
Figma looks to raise nearly $1 billion as it kicks off its IPO roadshow Read More »
Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that
Figma moves closer to a blockbuster IPO that could raise $1.5B Read More »
Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump administration’s trade policies
Figma ignores the fear, files paperwork for an IPO Read More »
