Reported 2 days ago
Figma, a design software company, is set to begin trading after successfully raising $1.22 billion in its U.S. IPO, achieving a valuation of $19.34 billion. This move is anticipated to invigorate the tech IPO sector, which had seen a slowdown due to recent market volatility. Figma's focus on AI-driven tools is viewed as pivotal for its competitive edge, as it seeks to enhance user experience in collaborative design.
Source: YAHOO