Tech in Asia | Figma increases IPO target to $1.2b

Figma Inc. has raised the potential size of its US initial public offering (IPO) to US$1.2 billion, according to a filing with the US Securities and Exchange Commission (SEC) on July 28, 2025. The San Francisco-based software company adjusted its share price range to US$30-US$32, up from US$25-US$28.

IPO data from Jay Ritter informs this story from Tech in Asia.