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The ORG Raises $20M in Series B Funding
The ORG Raises $20M in Series B Funding
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The ORG Raises $20M in Series B Funding

– The Org is a New York-based network startup.
– Company raised $20m in Series B funding.
– The round was led by Tiger Global with participation from Sequoia, Founders Fund, Balderton Capital, Thursday Ventures, Lars Fjeldsoe-Nielsen, Neeraj Arora, Gavin Baker.
– The new investment will be used to double the team focusing on product, distribution and monetization and expand their offices and move beyond New York and Copenhagen.

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Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business
Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business
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Beauty Pie, an online buyers’ club, picks up $100M to boost its beauty and wellness business

– Beauty Pie, a beauty startup, raised $100m in Series B funding.
– The round was led by Index Ventures and Insight Partners, with previous backers Balderton Capital, General Catalyst and Latitude VC also participating.
– Beauty Pie, founded in 2016, has now raised $170m to date.

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VanMoof raises $128 million to become the world’s leading e-bike brand
VanMoof raises $128 million to become the world’s leading e-bike brand
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VanMoof raises $128 million to become the world’s leading e-bike brand

– Amsterdam-based startup VanMoof has raised a $128m Series C funding round.
– The company designs and sells electric bikes that are quite popular in some markets.
– It now wants to become the world’s leading e-bike brand by iterating at a faster pace.
– Asia-based private equity firm Hillhouse Investment is leading the round, with Gillian Tans, the former CEO of Booking.com, also participating.
– Some existing investors also put some more money on the table, such as Norwest Venture Partners, Felix Capital, Balderton Capital and TriplePoint Capital.
– Overall, if you add it all up, the startup has raised $182m in total.

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iPhone inside 30 mins? Germany’s Arive brings consumer brands to your door, raises €6M
iPhone inside 30 mins? Germany’s Arive brings consumer brands to your door, raises €6M
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iPhone inside 30 mins? Germany’s Arive brings consumer brands to your door, raises €6M

– Arive, a German-based startup, raised €6m in seed funding.
– The round was led by 468 Capital, La Famiglia VC and Balderton Capital.
– The company offers high-end consumer brands within 30 minutes.

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Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A
Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A
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Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A

– JOKR, a grocery and retail delivery platform, raised $170m in Series A funding.
– The round was led by GGV Capital, Balderton Capital and Tiger Global Management.
– It was joined by Activant Capital, Greycroft, Fabrice Grinda’s FJ Labs, as well as Latin America’s tech-specialized VC firms Kaszek and monashees, and HV Capital.
– Based out of New York, where it launched last month JOKR plans to roll out across cities in the U.S., Latin America and Europe.
– Right now it’s live in nine cities across Latin American countries Brazil, Mexico, Colombia and Peru, as well as Poland and Austria in Europe.

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Turkey’s Dream Games Raises $155 Million, with a $1 Billion Valuation in a Series B Round Led by Index Ventures and Makers Fund
Turkey’s Dream Games Raises $155 Million, with a $1 Billion Valuation in a Series B Round Led by Index Ventures and Makers Fund
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Turkey’s Dream Games Raises $155 Million, with a $1 Billion Valuation in a Series B Round Led by Index Ventures and Makers Fund

– Dream Games, a Turkey-based mobile games company, has closed a $155M Series B round co-led by Index Ventures and Makers Fund, with participation from Balderton Capital, IVP and Kora.
– The largest Series B financing in Turkey, with a valuation of $1B, comes on the heels of the massive success of Dream’s debut game Royal Match, reaching top-20 grossing games in the US, UK, and Germany in only three months.

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Virtuo Raises $96M in Series C Funding
Virtuo Raises $96M in Series C Funding
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Virtuo Raises $96M in Series C Funding

– Virtuo, a Paris, France based provider of car-on-demand solutions, raised €50m ($60m) in a Series C funding.
– The round was led by AXA Venture Partners with participation from Bpifrance, Alpha Intelligence Capital and H14, as well as existing investors Balderton Capital, Iris Capital and Raise Ventures.
– The company intends to use the funds to accelerate its presence in Europe with plans to conquer one million active customers across the continent by 2025.

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Finoa Closes $22M Series A Funding Round
Finoa Closes $22M Series A Funding Round
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Finoa Closes $22M Series A Funding Round

– Finoa, a Berlin, Germany-based digital asset custody and financial services platform for institutional investors and corporations, raised $22m in Series A funding.
– The round was led by Balderton Capital, with further participation from existing investors Coparion, Venture Stars and Signature Ventures, as well as an undisclosed investor.
– The new investment will be used to build out its products and services, scale up the team, and enable participation in innovative financial services beyond custody and staking.

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Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab
Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab
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Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab

– Merama, a five-month old e-commerce startup focused on Latin America, announced that it has raised $60 million in seed and Series A funding and $100 million in debt.
– The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle.
– LatAm firms Valor Capital and Monashees Capital and U.K.-based Balderton Capital co-led the “massively oversubscribed” funding round, which also included participation from Silicon Valley-based TriplePoint Capital and the CEOs of four unicorns in Latin America, including Uala, Loggi, Rappi and Madeira Madeira.

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Kaia Health Raises $75M in Series C Funding
Kaia Health Raises $75M in Series C Funding
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Kaia Health Raises $75M in Series C Funding

– Kaia Health, a NYC-based digital therapeutics company, raised $75m in Series C funding.
– The round was led by an unnamed growth equity fund with participation from existing investors Optum Ventures, Eurazeo, capital300, Balderton Capital, Heartcore Capital, Symphony Ventures (the investment vehicle of golf legend Rory McIlroy) and A Round Capital.
– The company will use the funds to grow its commercial team, accelerate product and partnership development and extend the offering within Europe.

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Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience
Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience
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Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience

– Nested, a proptech startup, raised £5m funding.
– The round was led by Axel Springer and joined by previous investors Balderton Capital and Northzone.
– The company plans to launch an additional 30 areas over the next 18 months, as well as moving outside London for the first time.

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Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation
Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation
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Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

– Zego, an insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150m.
– The funding round was led by DST Global and joined by General Catalyst, whose founder and MD, Joel Cutler, joins Zego’s board.
– Notable investors include Wise’s Taavet Hinrikus, who is also on the Zego board, and Target Global, Balderton Capital and Latitude.
– The insurance company says it will use the funding to “rapidly expand across Europe and beyond”.
– It will also double its workforce, which currently stands at 265 employees, to over 500 employees by the end of 2021, and continue to invest in technology.

Source
Hubilo raises $23.5 million to power virtual events with real-time data and analytics
Hubilo raises $23.5 million to power virtual events with real-time data and analytics
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Hubilo raises $23.5 million to power virtual events with real-time data and analytics

– Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised $23.5 million in a series A round led by Lightspeed Venture Partners.
– The round saw participation from the U.K.’s Balderton Capital and Microsoft chair John W. Thompson, among other angel investors.
– The investment comes as people around the world prepare for a semblance of normality after a year of pandemic-induced social distancing.
– But while physical events will likely return in some form in the next year, online events are widely expected to stay — either exclusively or as part of a hybrid format.

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Labster Secures $60M in Series C Funding Led by Andreessen Horowitz
Labster Secures $60M in Series C Funding Led by Andreessen Horowitz
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Labster Secures $60M in Series C Funding Led by Andreessen Horowitz

– Labster secured $60m in Series C funding.
– The round was led by new investor Andreessen Horowitz, joined by existing investors GGV Capital, Owl Ventures, Balderton Capital, David Helgason, founder of Unity Technologies, Northzone, Swisscom Ventures, and EduCapital.
– The round brings Labster’s total capital raised to $100m.
– Labster is the award-winning producer of virtual laboratory simulations.
– The latest round of capital will enable Labster to focus on growing the size of its global team to serve students around the world.
– Currently in 70+ countries, Labster has already put together an ambitious roadmap for expansion, and is now hiring across all major teams such as engineering, product, sales and customer success.

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