Notion has finalized a private equity acquisition worth approximately $270 million, valuing the productivity app company at $11 billion. The deal, reported on January 28, includes participation from new investor GIC, Singapore's sovereign wealth fund, alongside existing investors Sequoia Capital and Index Ventures. The transaction involved direct share purchases from current and former employees, aimed at providing financial liquidity and supporting long-term employee development. The company has eliminated the one-year vesting period for employee stock options, enabling nearly all employees to benefit from the acquisition. Notion's growth has been bolstered by its AI capabilities, with over 50% of its annual recurring revenue now derived from AI customers, a figure that has doubled over the past year. To support its expansion in the Asia-Pacific region, Notion recently established an office in Singapore.