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Airbnb files to raise $850 million at $30 billion valuation
A 3D printed people’s models seen in front of a displayed Airbnb logo in this illustration taken June 8, 2016.
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According to a disclosure filed with the state of Delaware, Airbnb Inc is raising fresh funds of Dollars 850 Million in its Series F funding round.
According to Equidate, Airbnb had raised $1.6 billion in its Series E round past year, when the value of the company was $25.8 billion. While an Airbnb spokesperson declined to comment on the influx of funding, the filing also does not mention a particular investor or investor group.
Bloomberg reported the equity round on Friday, citing a disclosure filed with the state of Delaware. Expert say that now Aribnb wouldn’t want to dilute more of its equity in return of hefty cash and return, but more-often follow the route Uber has recently taken to fight its Chinese rival Didi.
The equity round values the San Francisco-based company at US$30 billion, people told Bloomberg in June. Uber, the most-valued American startup had recently made a decision to not further dilute its equity and raise $1.15 billion in the form of leveraged loans.
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One year ago, the sharing economy powerhouse was worth $25.6 billion, according to Equidate. Since Airbnb opened up shop in 2008, it has raised $2.39 billion, and the new $850 million funding round pushes that up to just over $3.2 billion.