DeepL Prepares $5B IPO, Early Investors Include Ukraine’s TA Ventures

German translation service DeepL, a major competitor to Google Translate, is preparing for a US IPO, according to Bloomberg. The IPO is planned for early next year, with DeepL’s valuation estimated at around $5 billion. Last year, the company raised $300 million at a $2 billion valuation, though no updated valuation has been publicly reported ...