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New Deal


Announced

Completed

Microsoft, Nvidia, and Amazon led a $675m Series B round in Figure.

Financials

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Transaction Value£533m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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FinTech

asset management

financial technology

consumer lending

United States

blockchain

Completed

Single Bidder

Friendly

Acquisition

Private

Minority

Domestic

Private Equity

Venture Capital

Synopsis

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Microsoft, Nvidia, and Amazon, American multinational technology companies, led a $675m Series B round in Figure, a financial services company that uses blockchain technology for loan origination, equity management, private fund services, banking, and payments sectors, with participation from Jeff Bezos, OpenAI Startup Fund, Amazon Industrial Innovation Fund, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. "We've always planned to come back to robotics and we see a path with Figure to explore what humanoid robots can achieve when powered by highly capable multimodal models," Peter Welinder, OpenAI Vice President.

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