Pre-IPO Sector – News Update – Week of 8/12/2019

Last week, Airbnb acquired Urbandoor, a platform that offers extended rental lodging and relocation for professionals, to solicit more business from corporate travelers.

Klarna raised $460 million at a $5.5 billion valuation.

Proterra was raising $75 million at a valuation greater than $1 billion.

Robinhood received a United Kingdom broker license.

Wheels Up raised $128 million at a $1.1 billion valuation.

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

AIRBNB

“Doubling down on business travelers, Airbnb acquires Urbandoor”

KLARNA

“ Klarna raises $460 million, looks to expand its payments presence in the US”

PROTERRA

"Electric Unicorn: Bus Maker Proterra May Hit $1 Billion Valuation With New Funding Round"

ROBINHOOD

"It’s about time: Robinhood is entering the UK"

WHEELS UP

“Private aviation start-up Wheels Up valued at $1.1 billion in latest funding round”