– Solugen, the company decarbonizing the chemicals industry, announced a Series C financing round of over $350m.
– GIC and Baillie Gifford led the round with participation from Temasek Holdings.
– The latest round of funding will be used to expand Solugen’s Bioforge technology platform, which is used to produce lower-carbon and carbon-negative chemicals & materials for its key customers, and to expand the reach of Solugen’s product portfolio.

– VerSe Innovation, the parent firm of Dailyhunt and Josh, raised $450m funding.
– The round was led by Siguler Guff, Baillie Gifford and others.
– Existing investors Sofina Group, Qatar Investment Authority and BCap participated in the round.
– The startup claimed that Josh has amassed over 115 million monthly active users, 56 million of whom use the app each day. Dailyhunt has amassed over 300 million monthly active users.

– PsiQuantum has raised $450m in Series D funding to build the world’s first commercially viable quantum computer.
– The funding round was led by funds and accounts managed by BlackRock, along with participation from insiders including Baillie Gifford and M12 – Microsoft’s venture fund – and new investors including Blackbird Ventures and Temasek.
– PsiQuantum has now raised a total of $665m in funding to date.
– PsiQuantum was founded in 2016 by the world’s foremost quantum computing experts, who understood that a useful quantum computer required fault-tolerance and error correction, and therefore at least 1 million physical qubits.

– Rappi, a Colombian on-demand delivery startup, raised $500m funding.
– The round was led by T. Rowe Price and joined by Baillie Gifford, Third Point, Octahedron, GIC and SoftBank.
– The company has raised $2bn since its inception in 2015.

– SHINE Medical Technologies LLC announced that it has closed a $150-million Series C-5 financing.
– Koch Disruptive Technologies led the round, which also included participation by Fidelity Management & Research Company, Baillie Gifford and other new and current investors.
– The financing will support SHINE’s commercialization of its diagnostic and therapeutic medical isotope technologies and position the company for future growth as it works toward developing new fusion-based technology applications.
– An existing SHINE facility produces the therapeutic medical isotope lutetitum-177 (Lu-177).
– Radiotherapeutics are one of the fastest growing areas of oncology and has significant potential for the treatment of several cancers because of their ability to directly irradiate cancer including at the late stages.

– Thumbtack, the modern home management platform, announced it has secured a $275 million investment at a valuation of $3.2 billion.
– The round was led by Qatar Investment Authority and joined by Blackstone Alternative Asset Management as well as G Squared.
– Prior investors Baillie Gifford, CapitalG, Founders Circle Capital, Sequoia Capital, and Tiger Global Management also participated.
– The new funding will be used to accelerate innovation, fuel the company’s growth, and drive continued adoption.
– The modern home is more connected, but home services remains one of the largest markets still in the early stages of moving to digital.

– Faire, the online wholesale marketplace connecting more than 200,000 retailers across North America and Europe with 20,000 brands from over 80 countries, announced the closing of $260 million in a Series F investment round led by Sequoia Capital.
– The funding, which includes all existing investors as well as new global investors Baillie Gifford and Wellington Management, values Faire at $7 billion, nearly tripling its previous valuation of $2.5 billion announced just over six months ago.
– This funding and vote of confidence from world-class investors comes just weeks after Faire’s expansion into Europe, which brings the platform’s powerful cross-border network effects to the $1 trillion European market.
– Across North America and Europe, independent retailers are doing more than twice the revenue of Walmart and Amazon combined.

– Swedish battery developer and manufacturer Northvolt raised $2.75bn funding.
– The round was led by Goldman Sachs and Volkswagen, and new investors including the Swedish pension funds AP1-4 and OMERS, one of Canada’s largest pension plans.
– AMF, ATP, Baillie Gifford, Baron Capital Group, Bridford Investments Limited, Compagnia di San Paolo through Fondaco Growth, Cristina Stenbeck, Daniel Ek, IMAS Foundation, EIT InnoEnergy, Norrsken VC, PCS Holding, Scania and Stena Metall Finans also participated in the raise.
– Northvolt has already scored major deals with automakers like Volkswagen and BMW.

– FlixMobility is a Munich, Germany-based provider of a transportation app.
– Series G $650m round was led by Canyon Partners with participation from existing investors General Atlantic, Permira, TCV, HV Capital, Blackrock and Baillie Gifford.
– The company intends to use the funds to expand its network in the US, the UK and Portugal its position in Turkey, France and Eastern Europe, and grow into new markets.

– sennder is a digital freight forwarder based in Berlin.
– Company raised $ 80m in Series D funding round.
– The round was led by Baillie Gifford with participation from new backer as well as existing investors.
– The funding will be used to accelerate growth across Europe, further expand into new regions and drive research and development into the automation, digitalization and decarbonization of road freight.

– Workrise, a workforce management platform for the skilled trades, raised $300m funding.
– The round was led by U.K.-based Baillie Gifford and joined by new investor Franklin Templeton and existing backers including Founders Fund, Bedrock Capital, Andreessen Horowitz (a16z), Moore Strategic Ventures, 137 Ventures and Brookfield Growth Partners.
– With this latest financing, Workrise has now raised more than $750m.
– You may know Austin-based Workrise better by its former name, RigUp. The company changed its name earlier this year to reflect a new emphasis on industries other than just oil and gas after the industry took a beating in recent years.

– MasterClass, a San Francisco, CA-based streaming platform for anyone to learn from the best professionals in their specific field, raised $225m in Series F funding.
– The round was led by Fidelity Management & Research Company with participation from new investors Baillie Gifford, Balyasny Asset Management and Eldridge together with existing investors IVP, Javelin, NEA and Owl Ventures, and 01 Advisors, Atomico, Bonnier, Cleo Capital, Dan Capital, NewView Capital, NextEquity Partners, Outlier Ventures, Powerhouse Capital, RPS Ventures, Family Office of Ronald Lauder and UTA.

– Delivery startup goPuff raised $1.15bn in funding.
– The round was led by D1 Capital Partners, Fidelity Management and Research Company, Baillie Gifford, Eldridge, Reinvent Capital, Luxor Capital and SoftBank Vision Fund 1.
– The company plans to use the funding to continue expanding throughout the United States, as well as internationally, and to introduce new products.

– Stripe is a San Francisco, CA-based provider of a payments infrastructure for the internet.
– The company raised $600m in Series E funding.
– The round was led by Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital and Ireland’s National Treasury Management Agency (NTMA).
– The new investment will be used to invest in its European operations, its Dublin headquarters in particular, and expand its Global Payments and Treasury Network.