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122

Logistics startup Flexport just raised a SoftBank-led round at a whopping $3.2 billion valuation

LakeArrowhead (#1) 13 hours ago Business logistics startup flexport raised softbank-led whopping 32 billion valuation All http://feedproxy.google.com   Discuss  | Add To 
Flexport, a 5.5-year-old, San Francisco-based full-service air and ocean freight forwarder, says it has raised $1 billion in fresh funding led by the SoftBank Vision Fund. Earlier backers of the company, including Founders Fund, DST Global, Cherubic Ventures, Susa Ventures and SF Express, all participated in the round, which reportedly pegs the company’s post-money valuation […]
69

Reddit is raising a huge round near a $3 billion valuation

LakeArrowhead (#1) 17 days ago Business reddit raising huge 3 billion valuation All http://feedproxy.google.com   Discuss  | Add To 
Reddit is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit drums up from Silicon Valley investors […]
126

Samsara banks $100M at a $3.6B valuation for its internet-connected sensors

LakeArrowhead (#1) 53 days ago Business samsara banks 100m 36b valuation internet-connected sensors All http://feedproxy.google.com   Discuss  | Add To 
Sensor data platform Samsara is closing out the year with a fresh investment from Andreessen Horowitz and General Catalyst.
25

Crowdfunded developer of space sim Star Citizen takes on $46M in funding at nearly $500M valuation

LakeArrowhead (#1) 59 days ago Business crowdfunded developer space sim star citizen takes 46m funding 500m valuation All http://feedproxy.google.com   Discuss  | Add To 
The story of the game Star Citizen and Cloud Imperium, the company developing it, is almost too ludicrous to believe: a crowdfunding effort to create a space sim of unparalleled size and realism, raising hundreds of millions, with backers paying thousands for ships and gear in a game that's years from release. Yet it's real enough that it just pulled in $42 million in private funding to help bring it closer to release.
194

Insurance startup Bright Health raises $200M at ~$950M valuation

LakeArrowhead (#1) 85 days ago Business insurance startup bright health raises 200m 950m valuation All http://feedproxy.google.com   Discuss  | Add To 
Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.
126

Deep-linking startup Branch is raising more than $100M at a unicorn valuation

LakeArrowhead (#1) 168 days ago Business deep-linking startup branch raising 100m unicorn valuation All http://feedproxy.google.com   Discuss  | Add To 
Branch, the deep-linking startup backed by Andy Rubin’s Playground Ventures, will enter the unicorn club with an upcoming funding round. The four-year-old company, which helps brands create links between websites and mobile apps, has authorized the sale of $129 million in Series D shares, according to sources and confirmed by PitchBook, which tracks venture capital […]
86

DoorDash raises another $250M, nearly triples valuation to $4B

LakeArrowhead (#1) 190 days ago Business doordash raises 250m triples valuation 4b All http://feedproxy.google.com   Discuss  | Add To 
Food delivery startup DoorDash announced this afternoon that it has raised $250 million, just five months since the company announced a $535 million round. Why raise more money so soon? CEO Tony Xu told Axios that he wasn’t actively looking for additional investment, but was open to investor interest because it could help the company expand […]
97

BenevolentAI, which uses AI to develop drugs and energy solutions, nabs $115M at $2B valuation

LakeArrowhead (#1) 310 days ago Business benevolentai ai develop drugs energy solutions nabs 115m 2b valuation All http://feedproxy.google.com   Discuss  | Add To 
In the ongoing race to build the best and smartest applications that tap into the advances of artificial intelligence, a startup out of London has raised a large round of funding to double down on solving persistent problems in areas like healthcare and energy. BenevolventAI announced today that it has raised $115 million to continue […]
163

Online estate agency Home Made raises £850K seed at £4.3M post-money valuation

LakeArrowhead (#1) 367 days ago Business online estate agency home raises 850k seed 43m post-money valuation All http://feedproxy.google.com   Discuss  | Add To 
 Home Made, which is focused exclusively on London lettings for properties in the £500,000-plus range, has raised £850,000 in seed funding. The round is led by private equity firm Tethys Equity and is said to give the young company a £4.3 million post-money valuation. Read More
167

23andMe hits $1.5B pre-money valuation in latest huge funding round

LakeArrowhead (#1) 532 days ago Business 23andme hits 15b pre-money valuation latest huge funding All http://feedproxy.google.com   Discuss  | Add To 
 Following up on the news of 23andMe’s huge upcoming financing round, TechCrunch has learned that the company is raising the new financing at a $1.5 billion pre-money valuation. This compares to a $1 billion valuation in its last private round.  Dan Primack over at Axios reported the same thing this morning, but we’ve heard from our sources the number is indeed accurate.… Read More

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