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Saturn Raises $44M in Funding
Saturn Raises $44M in Funding
UN

Unicorn Nest news

Saturn Raises $44M in Funding

– Saturn, a NYC-based community-centric social platform built around the calendar, raised more than $44m in funding.
– Backers included General Catalyst, Insight Partners, and Coatue, as well as Bezos Expeditions (the personal investment company of Jeff Bezos), Marc Benioff (CEO and founder of Salesforce), Dara Khosrowshahi (CEO of Uber), Dick Costolo and Adam Bain’s 01 Advisors (former CEO and COO of Twitter), Mike Vernal (Partner at Sequoia Capital), Robert Downey Jr., Inspired Capital, WndrCo, Elad Gil, Ashton Kutcher and Guy Oseary’s Sound Ventures, SV Angel, Jerry Murdock (co-founder of Insight Partners), Hadi Partovi, Neo (Ali Partovi’s Venture Fund), Dylan Field (CEO and co-founder of Figma), and TQ Ventures.
– The company will use the funding to grow its engineering and product teams, and to accelerate expansion.

Source
44.01 secures $5M to turn billions of tons of carbon dioxide to stone
44.01 secures $5M to turn billions of tons of carbon dioxide to stone
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44.01 secures $5M to turn billions of tons of carbon dioxide to stone

– 44.01, a startup, raised $5m in seed funding.
Apollo Projects, a early-stage investment fund from Max and Sam Altman, led the round and Breakthrough Energy Ventures participated.
– The startup plans to mineralize CO2 using vast deposits of precursor materials.

Source
Instawork Raises $60M in Series C Funding
Instawork Raises $60M in Series C Funding
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Instawork Raises $60M in Series C Funding

– Instawork is a digital marketplace connecting local businesses with qualified professionals across the U.S.
– The company raised $60m in Series C funding.
– The round was led by Craft Ventures with participation from Greylock, Corner Ventures, Four River Group, WndrCo, and Tilman Fertitta, owner of Landry’s and the Houston Rockets, alongside existing investors Benchmark, Spark Capital, GV, Burst Capital, and SV Angel.
– The new investment will be used to continue expanding into new markets, job categories, and industries.

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Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding
Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding
UN

Unicorn Nest news

Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding

– Kudos, a startup that is looking to reinvent the disposable diaper with sustainability in mind, announced the close of a $2.4m seed round of financing.
– Investors include Foundation Capital, XFund, PJC, Precursor Ventures, Liquid 2 Ventures, SV Angel, Underscore VC, Alpha Bridge Ventures, April Underwood and more.
– Kudos is the first and only disposable baby diaper to earn the cotton natural seal from Cotton Inc. for having 100% cotton touching the baby’s skin instead of plastic.
– They’re also made with four times more plant-based materials than the top disposable diaper out there.

Source
Open Source Data Integration Company Closes $26 Million Series A Funding Round Led by Benchmark
Open Source Data Integration Company Closes $26 Million Series A Funding Round Led by Benchmark
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Open Source Data Integration Company Closes $26 Million Series A Funding Round Led by Benchmark

– Airbyte, creators of the fastest-growing open source data integration platform, announced that it has raised more than $26 million in Series A funding led by Benchmark, with participation from additional investors including 8VC, Accel, SV Angel, and Y Combinator, as well as Shay Bannon, co-founder and CEO of Elastic, Auren Hoffman, co-founder of LiveRamp, and Dev Ittycheria, CEO of MongoDB.
Benchmark General Partner Chetan Puttagunta will also be joining the board of directors.
– Airbyte is establishing the new standard of moving and consolidating data from different sources to data warehouses, data lakes, or databases in a process referred to as extract, load, and, when desired, transform (ELT).

Source
Weav raises $4.3M to knit together a universal API for commerce platforms
Weav raises $4.3M to knit together a universal API for commerce platforms
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Weav raises $4.3M to knit together a universal API for commerce platforms

– Weav, a fintech startup, raised $4.3m in funding.
– The round was led by Foundation Capital and joined by Y Combinator, Abstract Ventures, Box Group, LocalGlobe, Operator Partners, Commerce Ventures and SV Angel.
– A slew of founders and executives also put money in the round, including Brex founders Henrique Dubugras and Pedro Franceschi; Ramp founder Karim Atiyeh; Digits founders Jeff Seibert and Wayne Chang; Hatch founder Thomson Nguyen; GoCardless founder Matt Robinson and COO Carlos Gonzalez-Cadenas; Vouch founder Sam Hodges; Plaid’s Charley Ma as well as executives from fintechs such as Square, Modern Treasury and Pagaya.
– Weav is building a universal API for commerce platforms.

Source
Oso announces $8.2M Series A to simplify authorization for developers
Oso announces $8.2M Series A to simplify authorization for developers
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Oso announces $8.2M Series A to simplify authorization for developers

– Oso, an early stage startup, has created an open source library for developers to make it easier to build authorization in their applications.
– The company announced an $8.2m Series A led by Sequoia with participation from SV Angel, Company Ventures, Highland Capital and numerous angel investors.
– When combined with a $2.7m seed round from 2019, it brings the total raised to $10.9m.

Source
Alt Raises $31M in Seed and Series A Funding
Alt Raises $31M in Seed and Series A Funding
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Alt Raises $31M in Seed and Series A Funding

– Alt, a P2P marketplace for sports cards, raised $31m in a seed and a Series A funding round.
– The Series A round was led by Seven Seven Six, along with other investors including Kevin Durant’s Thirty Five Ventures, First Round Capital, SV Angel, Addition Ventures, Chapter One, BoxGroup, Nat Friedman, John Collison, Patrick Collison, Darren Rovell, Sue Wagner, JD Ross, Fred Ehrsam, Eric Wu, Larry Fitzgerald, Laura Behrens Wu, Tobias Harris and others.
– The company intends to use the funds to expand operations and business reach.

Source
InsurGrid raises pre-seed financing to help modernize legacy insurance agents
InsurGrid raises pre-seed financing to help modernize legacy insurance agents
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InsurGrid raises pre-seed financing to help modernize legacy insurance agents

– InsurGrid, a software solution for insurance agents, raised $2.5m in seed funding.
– The round was led by Accomplice and joined by other investors including Y Combinator, SV Angel, and others.
– The company plans to use the funding to expand its team and grow its customer base.

Source
Kalshi Raises $30 Million in Series A Funding Led by Sequoia
Kalshi Raises $30 Million in Series A Funding Led by Sequoia
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Kalshi Raises $30 Million in Series A Funding Led by Sequoia

– Kalshi, the first federally regulated exchange dedicated to trading on event outcomes, announced today that it has raised $30m in Series A funding.
– The round was led by Sequoia Capital with participation from Charles Schwab, Henry Kravis, and SV Angel.
– Kalshi will use the new funding to bring its exchange to market and enable the trading of a unique asset class: event contracts.
– Event contracts are structured as questions about future events.
– Investors buy either “Yes” or “No” contracts based on whether they think the event will happen or not, allowing them to hedge everyday risks and capitalize on their opinions.
– Kalshi was founded in 2018 by Tarek Mansour and Luana Lopes Lara.

Source
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