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Draper Esprit investment valuation in UiPath jumps following latest fundraising round
StockMarketWire.com
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Venture capital company Draper Esprit said its investment valuation in UiPath, a robotic process automation software business, had jumped following the latter's uplift in valuation.
Based on the valuation implied by the fundraising, Draper Esprit's gross fair value was approximately £115 million, representing an uplift of £78 million to the September 2020 fair value of £37 million.
UiPath announced on Monday that it had raised $750 million via fundraising round at a $35 billion valuation.
At 9:24am: (LON:GROW) Draper Esprit PLC share price was 0p at 634p
Story provided by StockMarketWire.com
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