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Research: in 2019, there were 455 giant $100M+ VC rounds, totaling ~$108B or 47% of dollar volume, which is down from 467 such rounds totaling ~$148B in 2018
Austin-based startup FlashParking, which develops a parking management platform, raises $60M from L Catterton
Legalpad, which uses a mix of software and attorney support to help entrepreneurs and startup employees with the US visa process, raises $10M Series A
Research: more VC deals were struck around the world in 2019 than in any other year, though the total dollar volume of deals dropped slightly from 2018
HighRadius, which develops AI-powered fintech software, raises $125M Series B led by ICONIQ Capital; CEO says the round values the company at over $1B
Report: pizza-making robot startup Zume, which raised $375M from SoftBank Vision Fund in 2018, plans to lay off up to 400 staff, or about 80% of its employees
Insight Partners to acquire Israeli IoT security company Armis at a valuation of $1.1B; Armis has raised $112M to date
Analysis: VC funding in North American consumer electronics startups was $1.74B in 2019 vs. $2.45B in 2018, with significant slowdown at the Series B stage
Analysis: 142 startups, including 78 from the US and 22 from China, became unicorns in 2019, down from 158 in 2018; unicorns raised $85.1B vs. $139B in 2018
LeanDNA, an AI-powered analytics platform for factory management, raises $15M Series B led by S3 Ventures, bringing its total raised to $20M
Tech-enabled fitness equipment startup iFit raises $200M led by Pamplona Capital Management and says it has 330,000 paying subs, adding 77,000 last quarter
Analysis find that at least 14 known startups working on AI-driven healthcare chatbots have collectively raised $800M+, with Babylon Health accounting for $635M
Analysis: Series A and Series B rounds have annually accounted for between 21% and 37% of total $100M+ VC rounds across the globe since 2010
London-based Hastee, which lets employees access up to 50% of earned pay at any point in the month, raises $20M in equity led by Umbra Capital and $250M in debt
REX, a real estate broker that claims its AI allows it to price homes more accurately and charge lower commissions, raises $40M, bringing total raised to $115M
Pensa Systems raises $10M in additional seed funding for its tech that can help retailers automatically track in-store inventory using AI and autonomous drones
Neon, which operates a digital bank in Brazil with nearly 2M accounts, has raised $94M in a round led by Banco Votorantim and General Atlantic
Aerospike, which provides a high-scale NoSQL database platform for processing data queries really quickly, raises $32M Series D, bringing total raised to $78M
Qualia, which streamlines closing of real estate deals and claims to handle 15%+ of all US transactions, raises $55M Series C, bringing its total raised to $95M
Bill.com Files for $100M IPO
Mexico's first online-only supermarket Justo raises $10M seed round led by Foundation Capital, with 500 Startups, others participating
Toronto-based password manager 1Password raises $200M Series A led by Accel, its first external round of funding in its 14-year history
New York-based Hive, which develops a productivity platform for workers, raises $10.6M Series A led by Comcast Ventures
Cloudflare, in its first earnings report after IPO, announces Q3 revenue growth of 48% YoY to $73.9M as GAAP loss increased to $40.9M from $38M in Q3 2018
Quebec-based RenoRun, which runs a platform for acquiring and delivering building materials, raises $17.1M Series A led by Inovia Capital and Obvious Ventures
Brazilian mobility startup Kovi, which rents vehicles to on-demand drivers, raises $30M Series A led by Global Founders Capital
Faire, a wholesale marketplace for independent local retailers and makers, raises $150M Series D, co-led by Lightspeed and Founders Fund, at a $1B valuation
Australian digital lending platform Athena Home Loans raises $70M Series C at a $230M valuation to expand into home loans after an initial focus on refinancing
New York-based Blueground, a platform that leases apartments and upgrades them with various tech gadgets for long-term corporate rentals, raises $50M Series B
Squarespace has acquired Unfold, a templates app for creating Stories on Instagram, Facebook, and Snapchat that has 9M MAUs, for an undisclosed sum
Techmeme · 3 months ago