UiPath valued at $35 billion ahead of US IPO

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Sat, 2021-03-27 01:44

NEW YORK: Robotic process automation startup UiPath on Friday disclosed its filing for an initial public offering (IPO) in New York, after it raised fresh capital from investors at a valuation of $35 billion.
UiPath said it is aiming to raise $1 billion in the IPO. The company, however, did not reveal the number of shares it plans to offer or the price range, indicating that the figure is a placeholder amount.

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