Klarna

Klarna raises $1.4 billion in its New York Stock Exchange IPO, pricing shares at $40 and opening at $52 before settling near $46. Only 5 million of the 34.3 million shares sold come from the company; existing investors, including Sequoia Capital, sell the rest while retaining most of their stakes. Sequoia remains Klarna’s largest investor, controlling nearly 23%, while CEO Sebastian Siemiatkowski sells no shares.

Sep 2025 · TechCrunchNews article

TechCrunch’s Equity hosts Max Zeff and Anthony Ha discuss Atlassian’s $610 million deal for The Browser Company and the growing competition over AI-powered browsers. They examine the shift from consumer to enterprise AI browsers alongside OpenAI’s $1.1 billion Statsig acquisition and executive hires, Klarna’s IPO plans, online safety laws, and the mystery customers that account for nearly 40% of Nvidia’s revenue.

Sep 2025 · TechCrunchNews article

OpenAI acquires Jony Ive’s AI device startup io in an all-equity deal valuing it at $6.5 billion, while Klarna’s AI efficiency push puts revenue per employee on track to reach $1 million. Brex partners with procurement startup Zip, and Microsoft-backed Builder.ai enters insolvency despite raising more than $450 million. Funding news includes LM Arena’s reported $100 million seed round, $60 million for Gravitee, and $50 million Series B and C rounds for Siro and RevenueCat.

May 2025 · TechCrunchNews article

Swedish buy now, pay later company Klarna says it has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering. The filing does not specify the number of shares or price range, and the company is likely to go public in the first half of 2025. Reports put Klarna’s valuation at $14.6 billion after an investor increases its stake.

Nov 2024 · TechCrunchNews article