April Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 10/31/2024 | Series C | $318.44MM | $xx.xx | $3.78B | Fidelity, Qatar Investment Authority, Tpg Rise Climate Fund, United Therapeutics | |
|
Price per Share
$xx.xx
Shares Outstanding
2,781,842
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fidelity, Qatar Investment Authority, Tpg Rise Climate Fund, United Therapeutics
|
||||||
| 04/20/2022 | Series B | $375MM | $xx.xx | $2.56B | Fidelity, Tpg Rise Climate Fund | |
|
Price per Share
$xx.xx
Shares Outstanding
3,634,778
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fidelity, Tpg Rise Climate Fund
|
||||||
| 05/18/2021 | Series A | $367.89MM | $xx.xx | $1.4B | Climate Pledge Fund, Fidelity, Redbird Capital Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
5,020,952
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Climate Pledge Fund, Fidelity, Redbird Capital Partners
|
||||||
| 05/18/2021 | Series A-3 | $29.89MM | $xx.xx | $1.4B | Climate Pledge Fund, Fidelity, Redbird Capital Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
1,703,958
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Climate Pledge Fund, Fidelity, Redbird Capital Partners
|
||||||
| 05/18/2021 | Series A-2 | $22.23MM | $xx.xx | $1.4B | Climate Pledge Fund, Fidelity, Redbird Capital Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
1,584,493
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Climate Pledge Fund, Fidelity, Redbird Capital Partners
|
||||||
| 05/18/2021 | Series A-1 | $5.61MM | $xx.xx | $1.4B | Climate Pledge Fund, Fidelity, Redbird Capital Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
480,307
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Climate Pledge Fund, Fidelity, Redbird Capital Partners
|
||||||
Five firms from various industries — Form Energy, Physical Intelligence, Lightmatter, Beta Technologies and Writer — ranked among the highest in fundraising for the fourth quarter of 2024.
Startup aviation companies are providing much of the fuel behind the moves toward zero-emission commercial flights. The latest news on this front is that privately-held Beta Technologies is pursuing Federal Aviation Administration certification for a fixed-wing electric airplane after receiving orders from three customers, the company announced last week.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Anduril | $42.52 | +42.78% | $xx.xx | Series G | $28B | $xx.xx | $2.58B |
 | Blue Origin | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Boom Supersonic | -- | -- | $xx.xx | Series A-1 | $429.33MM | $xx.xx | $100MM |
 | DJI | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Epirus | -- | -- | $xx.xx | Series D | $1B | $xx.xx | $250MM |
 | Hermeus | -- | -- | $xx.xx | Series B-1 | $537.74MM | $xx.xx | $39.96MM |
 | Relativity Space | $15.31 | -1.29% | $xx.xx | Series F | $5.86B | $xx.xx | $1.05B |
 | Shield AI | $77.85 | +55.70% | $xx.xx | Series F1 | $5.3B | $xx.xx | $240MM |
 | Skydio | -- | -- | $xx.xx | Series E | $2.59B | $xx.xx | $400MM |
 | SpinLaunch | -- | -- | $xx.xx | -- | -- | -- | -- |
Updated on: Feb 13, 2025
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