According to TheMarker, US company MongoDB is in advanced talks to acquire Israeli startup Firebolt, whose valuation was set at $1.4 billion in its last fundraising round in 2022.
According to Bizportal, the negotiations are over a sale at $220 to $240 million. According to Ice, the price is about $250 to $300 million.
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What outlets say
TheMarker
If the deal goes through, investors are expected to recover most of their investment, without a significant return.
Bizportal
Firebolt's valuation has dropped by about 80% from its peak, and the sale will be carried out at a price of $220 to $240 million.
Ice
Firebolt's valuation has been cut in half from its peak price, and the company raised an amount almost identical to the sale price.
