Katie Roof / Bloomberg:
Sources: cybersecurity startup Snyk is preparing for an IPO as soon as mid-2022, with a target to exceed its $8.6B valuation from September — Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year...
Laura Cooper / Wall Street Journal:
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR — The deal comes as technology-focused Vista is gearing up to raise its largest buyout fund yet — Vista...
Eudora Wang / DealStreetAsia:
Beijing-based autonomous driving startup Haomo.AI raises a $157M Series A at a $1B+ valuation from GL Ventures, Meituan, Qualcomm Ventures, and others — Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan ($156.9 million) in a Series...
Gillian Tan / Bloomberg:
LA-based Triller agrees to merge with SeaChange, taking the TikTok rival public at a $5B valuation, up from $1.25B in a recent round — Triller, a social-video platform, agreed to a merger with Seachange International Inc. in a move that will take the smaller rival to...
Alex Konrad / Forbes:
Retool, a low-code tool for creating enterprise apps, raises a $20M Series C from Stripe founders and others at a $1.85B pre-money valuation — Covering venture capital, software and startups — When Retool CEO David Hsu set out recently to raise fresh funding for his...
The Information:
Sources: Bolt, which offers a one-click checkout service, is seeking to raise ~$400M at a $14B valuation, after raising $393M at an $11B valuation in October — With the ink barely dry on one fundraising effort by Bolt, a firm that makes e-commerce checkout software, the...
Christine Hall / TechCrunch:
Next-day package delivery startup Veho raises a $125M Series A led by General Catalyst at a $1B valuation and plans to reach 50 US markets by the end of 2022 — Veho, a startup applying technology to next-day package delivery, aims to solve the last mile of delivery...
Tim Copeland / The Block:
Crypto staking service Figment raises a $110M Series C led by Thoma Bravo at a $1.4B valuation; Figment has $10M in revenue/month with ~$100M projected for 2021 — Quick Take — Staking provider Figment has raised $110 million at a $1.4 billion valuation.
Michael Novinson / CRN:
Enterprise threat intelligence startup ZeroFox to acquire data breach response services provider IDX and go public via a SPAC at a $1.4B valuation — 'VARs are always looking for something new and something hot. Both sets of channel partners will be able to sell more...
Nguyen Xuan Quynh / Bloomberg:
Vietnam-based MoMo, an e-wallet and payments app, raises a ~$200M Series E led by Mizuho Bank at a $2B+ valuation — Vietnam's M_Service JSC, which operates Warburg Pincus LLC-backed fintech app MoMo, crossed $2 billion in valuation after raising about $200...
When it comes to engineering talent in the world of tech, demand continues to outpace supply, a predicament so acute that by 2030, that disparity will balloon to 85 million positions being unfilled, according to research from Korn Ferry. Today, a startup that believes it can stem that tide with...
Ingrid Lunden / TechCrunch:
Social gaming startup Rec Room raises $145M led by Coatue at a $3.5B valuation, up from $1.25B in March, and says it has 37M players, up from 2M in March — On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has...
Ezra Fieser / Bloomberg:
Bogota-based buy now, pay later service Addi raises $80M in equity and $125M in debt at a $700M valuation and says it is used by 1,000 retailers — - Buy now, pay later startup Addi valued at more than $700m — GIC leads series C round that raises fresh equity and debt
On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has landed a major round of funding to build out its own user-generated platform aimed at immersive experiences. Rec Room, a free to download and play cross-platform social gaming company...
Harsh Upadhyay / Entrackr:
New Delhi-based B2B commerce and financing startup OfBusiness raises a $325M Series G at a ~$5B valuation, after raising $200M at a $3B valuation in September — Industrial goods and services procurement platform OfBusiness has scooped up $325 million in its Series G...
Manish Singh / TechCrunch:
Bangalore-based Razorpay, a top payment processor in India whose products resemble Stripe's, raises a $375M Series F at a $7.5B valuation, up from $3B in April — Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India's...
With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity.
Cars24, a startup...
Kate Park / TechCrunch:
South Korea-based online grocery startup Kurly, which says it plans to IPO in H1 2022 at a ~$5.8B valuation, raises $210M at a $3.3B valuation — Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed a $210 million in...
Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed a $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong Kong-based private equity firm.
The latest funding brings its total raised to approximately $761...
Manas Mishra / Reuters:
Ophelia, whose telemedicine platform helps treat people struggling with opioid addiction, raises $50M led by Tiger Global at a $275M valuation — Digital health startup Ophelia has raised $50 million in a funding round led by Tiger Global to beef up its telemedicine...