Figma's rapid ascent hasn't gone unnoticed by its larger competitors. In Sept. 2022, Adobe attempted to acquire Figma for $20 ...

Index Ventures has emerged as venture capital's winner, transforming an $86.5 million investment in Figma into a stake worth $6 billion.

Figma's shares fell 23%, erasing around $11 billion from its market value, just days after a successful initial public offering.