Bending Spoons is buying Miro for $1.36 billion, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5 billion in late 2021.
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
The funding round was led by Norwest, with participation from S Capital VC, Cerca Partners, and Oceans Ventures. Snowflake Ventures also participated as a strategic investor.