Ditching SPAC Track, Acorns Raises $300 Million
Posted on 03/09/2022
Acorns Grow Inc. (Acorns), a savings and investing app, raised US$ 300 million from investors in a Series F round led by buyout firm TPG Capital at a valuation of US$ 1.9 billion. This comes after Acorns ditched a SPAC merger at an implied US$ 2.2 billion valuation. Other investors in the Series F round…