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Ketch Secures $20 Million in Series A1 Funding, Accelerating its Rapid Growth
Ketch Secures $20 Million in Series A1 Funding, Accelerating its Rapid Growth
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Ketch Secures $20 Million in Series A1 Funding, Accelerating its Rapid Growth

– Ketch, the next generation data control platform for privacy, governance and security, announced it has closed on a Series A1 funding round, raising $20 million.
– This is a follow-up to a series A funding round that closed in March of this year, bringing the total of its series A investment to a significant $43 million.
– The round was led by Acrew Capital with participation from CRV, super{set}, Ridge Ventures, and Silicon Valley Bank, and will be used to continue Ketch’s rapid growth by expanding its sales and go-to-market teams to address unprecedented market demand.
– Ketch has revolutionized the market by introducing a data control platform for Programmatic Privacy™, governance and security.

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Ubicquia Secures $25 Million Debt and Working Capital Facility to Accelerate Growth
Ubicquia Secures $25 Million Debt and Working Capital Facility to Accelerate Growth
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Ubicquia Secures $25 Million Debt and Working Capital Facility to Accelerate Growth

- Ubicquia has entered a new $25m debt and working capital facility with Silicon Valley Bank. - The facility will be used to accelerate growth, facilitate larger supply chain commitments and manage working capital requirements driven by increasing orders from OEM customers. - SVB has increased the facility more than four-fold to help address Ubicquia’s working capital needs of its growing city, utility, and Mobile Network Operator customer base across the U.S. and Latin America. - Ubicquia plans to broaden its scope worldwide, extending its offerings of smart city, connectivity, and smart grid platforms to Europe and Asia. - With current supply chain constraints impacting production internationally, the agreement will also help ensure Ubicquia meets increasing demand as it expands its growing product portfolio, as well as give the company more flexibility in managing its operations.

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Nomad Health Raises $63 Million in Funding to Address Healthcare Staffing Shortages Across the Country as COVID Surges Yet Again
Nomad Health Raises $63 Million in Funding to Address Healthcare Staffing Shortages Across the Country as COVID Surges Yet Again
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Nomad Health Raises $63 Million in Funding to Address Healthcare Staffing Shortages Across the Country as COVID Surges Yet Again

– Nomad Health, the leading digital marketplace for temporary healthcare jobs, announced the completion of $63m in new equity and debt financing.
Adams Street Partners led, and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank.
– With this financing, the business has raised over $100m since the company’s inception in 2015.
– The funding will be used to support Nomad Health’s explosive growth, allowing the company to double down on efforts to hire, invest in the technology platform, and grow its national footprint.
– As the demands on the healthcare system have reached historic levels during the COVID-19 pandemic, the need and urgency for temporary healthcare staffing solutions has substantially increased.

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Pager Secures $70M in Funding
Pager Secures $70M in Funding
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Pager Secures $70M in Funding

– Pager is a virtual care navigation and collaboration platform.
– Company raised $70m in Series C funding.
–  The Series-C round was led by Susquehanna Private Equity Investments, an affiliate of Susquehanna International Group LLLP (SIG), and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey’s largest health insurer. Debt financing was provided by Silicon Valley Bank.
– The company intends to use the funds to scale capacity to meet record pipeline demand, accelerate innovation of the platform, and support the geographic expansion to new markets in the United States, Latin America and worldwide.

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Blueground Raises $180 Million in New Funding to Accelerate Growth as Demand Rises for Flexible Rentals
Blueground Raises $180 Million in New Funding to Accelerate Growth as Demand Rises for Flexible Rentals
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Blueground Raises $180 Million in New Funding to Accelerate Growth as Demand Rises for Flexible Rentals

– Blueground announced that it has raised $180m in Series C financing.
– In this round, Blueground raised $140m in equity financing led by WestCap, with participation from Geolo Capital, VentureFriends, and Prime Ventures.
– In addition, Blueground raised a $40m debt facility from Silicon Valley Bank.
– Together with this new round, Blueground has raised a total of $258m.
– With more than 5,000 apartments across 15 major cities globally, Blueground is reinventing the future of living by making apartments available globally for people where they want, when they want, on the terms they want.
– Through its network of beautifully designed and fully furnished apartments, guests are able to stay in some of the most desirable neighborhoods and cities throughout the world for a month, a year, or more.

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Jeeves Raises $57M in Series B funding; at $500M Valuation
Jeeves Raises $57M in Series B funding; at $500M Valuation
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Jeeves Raises $57M in Series B funding; at $500M Valuation

– Jeeves is a NYC-based expense management platform for global startups.
– The company raised $57M in Series B funding at a $500M valuation.
– The Series B round was led by CRV with participation from Tencent, Silicon Valley Bank, Alkeon Capital Management, Soros Fund Management and a key group of angel investors including Kevin Durant, Andre Igoudala, Odell Beckham Jr., The Chainsmokers and the founders of eight unicorn companies — Adolfo Babatz (CEO, Clip), Gabriel Braga (CEO, QuintoAndar), Pierpaolo Barbieri (CEO, Uala), Zac Prince (CEO, BlockFi), Immad Akhund (CEO, Mercury), Pablo Gonzalez (Founder, Bitso), Tom Blomfield (Founder, Monzo Bank), Des Traynor (Founder, Intercom), Bo Jiang (CEO, Lithic).
– The company intends to use the funds to accelerate its launch in Colombia, UK, Europe; scale its proprietary infrastructure to cover more currencies; acquire new talent and accelerate the onboarding of new companies to the platform.

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Last-mile robotic delivery firm Coco raises $36M
Last-mile robotic delivery firm Coco raises $36M
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Last-mile robotic delivery firm Coco raises $36M

– Los Angeles delivery robot startup Coco this week has announced $36m in funding.
– The Series A was led by Sam Altman, Silicon Valley Bank and Founders Fund, with participation from Sam Nazarian, Ellen Chen and Mario Del Pero.
– It brings the company’s total funding up to around $43m.
– The company is still young, having launched in February 2020.
– The new funding will also go toward hardware and additional city launches.

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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market
After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market
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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market

– Breeze, a digital platform for disability and critical illness insurance, raised $10m in Series A funding.
– The round was led by Link Ventures and joined by Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska.
– The company plans to use the funding to expand its team and product offerings.

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Soldo Closes $180M Series C Funding
Soldo Closes $180M Series C Funding
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Soldo Closes $180M Series C Funding

– Soldo from London is a pay and spend automation platform provider.
– The company closed a $180m Series C funding.
– The round was led by Temasek with participation from new investors Sunley House Capital, Advent International’s crossover fund, Citi Ventures and existing backers Accel, Battery Ventures, Dawn Capital, as well as Silicon Valley Bank for debt financing.
– The new investment will be used to accelerate the company’s international expansion and product development.

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Lambda Raises $24.5M in Funding
Lambda Raises $24.5M in Funding
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Lambda Raises $24.5M in Funding

– Lambda, a San Francisco, CA-based provider of deep learning GPU cloud services and computing hardware, raised $24.5M in financing.
– This financing round consists of a $15M Series A equity round and a $9.5M debt facility provided by Silicon Valley Bank.
– Primary investors include 1517, Gradient Ventures, Bloomberg Beta, Razer, and Georges Harik.
– The company will use the capital to expand its cloud and software engineering teams, pay for fixed assets related to its cloud business, and as working capital for its deep learning hardware business.

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Flymachine Raises $21M in Funding
Flymachine Raises $21M in Funding
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Flymachine Raises $21M in Funding

– Flymachine is a San Francisco, CA-based virtual venue for live entertainment which delivers an immersive social experience.
– The company closed $21m in funding.
Greycroft Partners and SignalFire led the round, with participation from Primary Venture Partners, Contour Venture Partners, Red Sea Ventures, and Silicon Valley Bank, as well as angels including music-industry luminaries Coran Capshaw, Bill Silva, Marty Diamond, and Larry Webman, Bay Area concert promoter Another Planet Entertainment, Ben Lovett of Mumford & Sons, WIRED magazine co-founding editor John Battelle, and LionTree Partners.
– The company intends to use the funds to continue to grow its diverse team, expand its network of venue partners, and develop new features for its digital events platform.

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Gig Wage Raises Additional $3.25M in Venture Debt
Gig Wage Raises Additional $3.25M in Venture Debt
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Gig Wage Raises Additional $3.25M in Venture Debt

– Gig Wage provides a FinTech payroll platform which enables employers to instantly pay 1099 workers while offering independent contractors an efficient way to receive payments.
– The company has raised $16.45m to-date from Green Dot Corporation (NYSE: GDOT), Silicon Valley Bank, Foundry Group, Continental Investors, Techstars, Revolution’s Rise of the Rest Seed Fund and more.
– Gig Wage also announced the addition of Clarisa Lindenmeyer as Chief of Staff to the CEO and Chief Brand Officer.

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Cortica Raises $60M in Series C Funding
Cortica Raises $60M in Series C Funding
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Cortica Raises $60M in Series C Funding

– Cortica from San Diego CA is focused on clinical services for autism and other neurodevelopmental conditions.
– Series C $60m funding round was led by Longitude Capital with participation from 406 Ventures, Adam Boehler, Questa Capital and Aperture Venture Partners and Silicon Valley Bank.
– The new financing will be used to accelerate growth, expand centers across multiple states, and investigate novel drug, device, and diagnostic technologies through sponsored and NIH-funded research.

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ShipBob Pulls In $200M Series E Financing
ShipBob Pulls In $200M Series E Financing
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ShipBob Pulls In $200M Series E Financing

– ShipBob, a provider of cloud-based logistics solutions for small and medium-sized businesses, announced $200m in funding.
– The funding was led by Bain Capital Ventures with participation from prior investors including SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank.
– ShipBob is designed for small and medium-sized ecommerce businesses, providing them with world-class fulfillment capabilities.

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Incorta Raises $120M in Series D Funding Amid Soaring Global Demand for Unified Data Analytics
Incorta Raises $120M in Series D Funding Amid Soaring Global Demand for Unified Data Analytics
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Incorta Raises $120M in Series D Funding Amid Soaring Global Demand for Unified Data Analytics

– Incorta announced $120m in Series D funding led by Prysm Capital, with participation from existing investors GV, Kleiner Perkins, M12, Sorenson Capital, Telstra Ventures and Ron Wohl, as well as a credit facility from Silicon Valley Bank.
– The latest round of funding will be used to expand go-to-market operations and meet global demand for Incorta’s unified data analytics platform.
– After hitting a major inflection point in 2020, Incorta is now scaling fast to meet global demand for modern data analytics in the cloud.
– This funding enables us to scale up while staying true to Incorta’s DNA and maintaining our best-in-class innovation, quality and customer obsession.

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Hello Alice Raises $21M in Series B Funding
Hello Alice Raises $21M in Series B Funding
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Hello Alice Raises $21M in Series B Funding

– Hello Alice is a machine learning platform connecting small business owners to capital, networks and business services.
– Series B funding raised $21m.
– The round was led by QED Investors with participation from Backstage Capital, Blue Ivy, Cathie Reid, BCO Venture Fund, Belle Capital, Jacki Zehner, Jake Hastings, Harbert Growth Partners, How Women Invest, Golden Seeds, Green Book Ventures, Jean Case, Lovell Family, Ring Fund, Shatter Fund, Signia Venture Partners and Silicon Valley Bank.
– The company intends to use the funds to enhance the predictive capabilities on its platform to further personalized learning paths and launch a mobile application.

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PureTech Founded Entity Akili Secures $160 Million in Financing; Poised to Deliver on the Promise of Digital Therapeutics
PureTech Founded Entity Akili Secures $160 Million in Financing; Poised to Deliver on the Promise of Digital Therapeutics
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PureTech Founded Entity Akili Secures $160 Million in Financing; Poised to Deliver on the Promise of Digital Therapeutics

– PureTech Health plc, a clinical-stage biotherapeutics company, announced that its Founded Entity, Akili Interactive, has secured $160 million of combined equity and debt financing.
– The financing included a $110 million Series D equity financing round led by Neuberger Berman Funds and joined by new investors Polaris Partners, Mirae Assets, Shionogi & Co., Ltd., New Leaf Venture Partners, Dave Baszucki (Founder and CEO of Roblox Corporation), QUAD Investment Management, and Ladera Venture Partners and a credit facility for up to $50 million with Silicon Valley Bank.

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Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A
Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A
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Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A

– Legionfarm, a gaming platform that lets gamers play with pro players in their favorite games, has raised $6m in Series A funding.
– Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more.
– The company was founded by Alex Beliankin, who is a former pro gamer and was once in the top .01% of World of Warcraft players.
– There are many, many pro caliber players out in the world who can’t necessarily make a living off of gaming. They either have to be signed by an org (super limited supply) or play in as many tournaments as possible (unreliable) or stream on Twitch.

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Upsie Raises $18.2M in Series A Funding
Upsie Raises $18.2M in Series A Funding
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Upsie Raises $18.2M in Series A Funding

– Upsie is a St. Paul, Minn.-based consumer-centric platform for purchasing product warranties.
– Company raised $18.2m in Series A funding.
– The round was led by True Ventures with participation from Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank, Bread & Butter Ventures, Ordinary Ventures, Diverse Angels, Imagination Capital, Uncommon VC, Marc Belton, Daren Cotter (Founder and CEO of InboxDollars), George Azih (Founder and CEO of LeaseQuery), Richard Parsons, Anton Vincent, Sri Pangulur, Damon DiVito, Jon and Lottie Rezneck, etc.
– The company will use the funds to hire, increase customer awareness and continue building its warranty product offerings and verticals.

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Gridtential Raises $12M in Funding
Gridtential Raises $12M in Funding
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Gridtential Raises $12M in Funding

– Gridtential Energy, a Santa Clara, Calif.-based creator of advanced AGM battery technology Silicon Joule, raised $12M in financing.
– The round was led by 1955 Capital with participation from Silicon Valley Bank, August Capital cofounder David Marquardt, ReneSola CEO Yumin Liu and existing investors East Penn Manufacturing, Crown Battery and the Roda Group joining as well.
– The company, which has raised $28M to date, intends to use the funds to support a new production line of advanced lead reference batteries, including the single-block 24V deep-cycle lead battery.

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Glytec Raises $21 Million To Set the Standard for Hospital Insulin Dosing and Glycemic Management
Glytec Raises $21 Million To Set the Standard for Hospital Insulin Dosing and Glycemic Management
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Glytec Raises $21 Million To Set the Standard for Hospital Insulin Dosing and Glycemic Management

– Glytec announced $21m in financing from SVB, Savitr Capital and other private investors.
– The funding will fuel Glytec’s mission of revolutionizing the role glycemic management plays in the hospital across every department.
– The combined $9m debt financing from SVB and $12m equity investment led by Savitr positions the company to continue its rapid growth by investing in research and development around patient safety, provider workflows and analytics, adding additional talent to its workforce and enhancing integrations with EHRs, mobile apps and other diabetes technology across the continuum of care.
– More than 34m Americans today live with diabetes, 88m live with prediabetes and over one-third of all patients – regardless of a diabetes diagnosis – require insulin during their hospital stay.

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Crypto infrastructure provider Fireblocks raises $133 million
Crypto infrastructure provider Fireblocks raises $133 million
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Crypto infrastructure provider Fireblocks raises $133 million

– Fireblocks, a cryptocurrency custody company, raised $133m funding.
– The round was led by Coatue, Ribbit and Stripes.
BNY and Silicon Valley Bank are also participating in the funding round.
– Existing investors Paradigm, Galaxy Digital, Swisscom Ventures, Tenaya Capital and Cyberstarts Ventures are investing once again.
– Overall, Fireblocks has raised $179m since day one.
– The company doesn’t have a consumer-facing product.
– Instead, it sells its products to banks, fintech startups and other financial institutions.

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