August 17, 2020
Last week, Blend raised $75 million at a $1.7 billion valuation.
Epic Games decided to sue Apple and Google once Apple and Google removed Fortnite from their app stores. Apple and Google decided to remove Fortnite since Epic Games declined to pay the transaction fee for Fornite’s in-app purchases.
Impossible Foods raised $200 million in a new funding round.
August 10, 2020
Last week, following Trump’s executive order which permits TikTok’s US operations only to be sold to a US firm or risk being banned, Twitter decided to make a bid to acquire Tiktok.
ChargePoint raised $127 million in additional funding.
Epic Games raised $1.78 billion at a $17.3 billion valuation.
Indigo AG raised an additional $360 million as an extension of its Series F round.
Intercom hired Dan Griggs as its new CFO. Griggs previously was the CFO of Sitecore and the Vice President Financial Planning and Analysis at Rocket Fuel Inc.
Kabbage hired FT Partners to explore a sale at a valuation between a $750 million and $1 billion.
August 3, 2020
Last week, TikTok was having advanced talks with Microsoft regarding a potential acquisition.
Roblox surpassed 150 million monthly active users.
Tranferwise was valued at $5 billion following a $319 million secondary transaction.
July 27, 2020
Robinhood postponed plans for UK expansion.
Rent the Runway hired Ellen Shultz as the company’s Chief People Officer and Larry Steinberg as the company’s Chief Technology Officer. Shultz previously worked at the New York Times. Steinberg previously founded Engyro (formerly Dirigo) which was acquired by Microsoft and worked as the CTO for Agilysys.
Revolut raised $80 million as an extension of its Series D round.
July 20, 2020
Last week, Autho raised $120 million at a $1.92 billion valuation.
Coursera raised $130 million at a $2.5 billion valuation.
Puppet Lab raised $40 million in a debt round.
Read MoreJuly 13, 2020
Magic Leap appointed Peggy Johnson as its new CEO. Johnson previously worked at Microsoft and Qualcomm.
Palantir confidentially filed documents for its upcoming IPO.
Rivian raised $2.5 billion in a new funding round
Robinhood raised $320 million at a $8.6 billion valuation.
UiPath raised $225 million at a $10.2 billion valuation.
Lemonade raised $319 million in its IPO at a $1.6 billion valuation.
Instacart raised an additional $100 million as an extension of its most recent funding round.
Discord raised $100 million at a $3.5 billion valuation.
Postmates was acquired by Uber for $2.65 billion valuation.