Figma's stock soars in its highly anticipated IPO, market cap instantly hits $45B

Recapping this week in startups

View this email online in your browser  August 01, 2025 TechCrunch Top 3 Figma's stock soars in its highly anticipated IPO, market cap instantly hits $45B: There has been so much demand for this stock that people on X are posting funny pictures of their orders being fulfilled. Read More Ramp hits $22.5B valuation just 45 days after reaching $16B: In 2025, Ramp keeps raising money at increasing valuations as its CEO pursues an AI-powered future. Read More Figma's IPO price hit a $19.3B valuation out of the gate: In what should be a surprise to no one, Figma priced its IPO shares above its already increased previously announced range. Read More A message from TechCrunch Events Join 10,000 tech & VC leaders at Disrupt 2025 in Oct 250+ top tech voices. 200 sessions. 10,000+ attendees. 3 days straight — October 27–29 at Moscone West in San Francisco. Don't miss valuable takeaways across 6 industry stages, breakouts, roundtables, and unmatched networking. All at the 20th anniversary of TechCrunch Disrupt. Register now to save up to $675 on your ticket. Register Now Must-Reads How 2 UC Berkeley dropouts raised $28M for their AI marketing automation startup: A marketing automation startup called Conversation has a founding story that sounds like it could have been an episode of the HBO show "Silicon Valley." Read More Dating safety app Tea breached, exposing 72,000 user images: Tea, an app that allows women to post anonymous comments about men they've supposedly dated, announced Friday that it has suffered a data breach, with hackers gaining access to 72,000 images. Read More AI data analyst startup Julius nabs $10M seed round: Julius is designed to act like a data scientist by analyzing and visualizing extensive datasets and then performing predictive modeling from natural language prompts. Read More Female-founded semiconductor AI startup SixSense raises $8.5M: SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV's Surge (formerly Sequoia India & SEA). Read More A comprehensive list of 2025 tech layoffs: A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. Read More A message from TechCrunch Partnerships Got IPO Chops? Sponsor the Going Public Track at TechCrunch Disrupt 2025 TechCrunch Disrupt is launching a bold new Going Public track, and we're looking for sponsors ready to lead the conversation. If your company has experience scaling, filing, or navigating Wall Street, this is your chance to showcase it to founders prepping for their IPO moment. Opportunities include two Stage Sessions and one exclusive track sponsorship. Contact TechCrunch Last but Not Least How a New Jersey startup found an electrifying way to slash copper costs: Still Bright is now loaded up with $18.7 million in seed money to build out its demonstration unit. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2025 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107