China's Unitree Robotics, a leader in quadruped robots, is advancing toward a Sci-Tech Innovation Board IPO after securing a $700M funding round. Backed by Alibaba, Tencent, and others, the firm's valuation now stands at $12B, marking a critical step toward public listing.
Design giant Figma has filed for IPO, revealing both its dominance in the collaborative design space and its concerns about AI disruption. The platform, used by 95% of Fortune 500 companies, sees AI as both an opportunity and threat as it prepares for what may be 2025's largest tech listing.
Figma has filed for an IPO on the NYSE with a projected $20 billion valuation. The design software company shows strong financials and AI integration, positioning itself as a leader in collaborative design tools. This comes after Adobe's failed acquisition attempt in 2023.
Ambiq Micro, a Texas-based chip design firm, has filed for a U.S. IPO, reporting a 16.1% sales growth in 2024 fueled by generative AI demand. Despite narrowing losses, the company faces customer concentration risks while positioning itself in the energy-efficient 'edge AI' market.
