Figma was valued at $19.3 billion through its IPO

Technology 04:12, 5-08-2025

Figma was valued at $19.3 billion upon its market debut during its initial public offering (IPO). This was reported by Zamin.uz.

This value is approximately equivalent to 243.5 trillion soums, as published by TechCrunch. The California-based graphic design platform attracted significant investment through its IPO and generated considerable interest among investors.

Figma's high valuation reflects the company's market position and future growth potential. The platform allows users to design interfaces via a web browser, collaborate, and create prototypes.

Previously, Figma was planned to be acquired by Adobe for $20 billion, but the deal did not go through due to antitrust investigations. Now, Figma is strengthening its independent development strategy and moving to a new stage by going public.

This is expected to have a positive impact on the company's future projects and innovations

Figma Zamin Techcrunch California Adobe

Nodirbek Razzokov

Muxbir

Similar news

Redmi K90 Max smartphone updated annual sales record

Xiaomi has provided information about the initial sales figures for the Redmi K90 Max smartphone, recently presented to the public. This was reported by Zamin.uz. The new device achieved great

Technology Yesterday, 18:43

Tests of new-generation rocket engine successfully completed in the US

America's Astrobotic company announced the successful completion of tests of a promising rocket engine called Chakram. This was reported by Zamin.uz. This device belongs to the type of rotating

Technology Yesterday, 18:26

New dangerous banking trojan discovered in Google Play store

Another serious warning has been announced for smartphone users. This was reported by Zamin.uz. It has become known that even the official application stores considered the most reliable are not

Technology Yesterday, 18:18

Kioxia introduced new high-speed drives

Japan's Kioxia continues to expand its share in the market of affordable data storage devices. This was reported by Zamin.uz. This manufacturer has introduced new BG8 series solid-state drives

Technology Yesterday, 18:11

Apple may delay launch of new MacBook Ultra model

Apple is preparing to introduce the MacBook Ultra model, which will usher in a new era in the laptop market. This was reported by Zamin.uz. According to sources supplying components for the device,

Technology Yesterday, 17:35

Large companies are limiting AI capacity for startups

The world's largest cloud service providers – giants such as Microsoft, Amazon, and CoreWeave – are reserving graphics processor capacity mainly for their internal projects and major partners

Technology Yesterday, 17:31