OpenAI's Record-Breaking Funding Round
OpenAI announced a $40 billion funding round at a $300 billion post-money valuation, marking the largest private capital raise ever by a technology company. This was a significant increase from its previous $7 billion round at a $150 billion post-money valuation.
CoreWeave's Successful IPO and Contract with OpenAI
CoreWeave completed the largest technology company IPO since 2021, raising $1.5 billion at a $23 billion valuation. It also announced a 5-year $11.9 billion contract with OpenAI, resulting in a 35% increase in stock price.
Canva's Global Growth
Canva's Visual Suite 2.0 launch accelerated global growth, with more than 145 million users joining the platform since 2022. Canva's annualized revenue increased by over 30%, reaching more than $3 billion.
Plaid's Strategic Investment
SuRo Capital made a $5 billion investment in Plaid, which completed a $575 million financing at a $6.1 billion post-money valuation. Plaid supports over 100 million users and is integrated with more than 8,000 digital finance apps.