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Human Interest raises $200M at a $1B valuation, plans for an IPO
Human Interest raises $200M at a $1B valuation, plans for an IPO
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Human Interest raises $200M at a $1B valuation, plans for an IPO

– SMB 401(k) provider Human Interest raised $200m in a round of funding.
– The round was led by Rise Fund and joined by SoftBank Vision Fund 2.
– The financing included participation from new investor Crosslink Capital and existing backers.
– The company has now raised a total of $336.7m since its 2015 inception.
– It plans to IPO in 2023.

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Climavision Raises $100M in Funding
Climavision Raises $100M in Funding
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Climavision Raises $100M in Funding

– Climavision, a Louisville, Ky.-based provider of a weather services and intelligence platform, raised $100m in funding.
The Rise Fund made the investment.
– As part of the transaction, TPG’s Edward Beckley, Steven Mandel, and Mariana Popa, who make climate investments on behalf of the Rise platform, will join Climavision’s board of directors alongside Chris Goode and Co-Founder Colin Cookes.

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Ceribell Raises $53M in Series C Financing
Ceribell Raises $53M in Series C Financing
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Ceribell Raises $53M in Series C Financing

– Ceribell, Inc. from Mountain View, CA develops a non-invasive brain monitor to detect seizure in patients.
– The company closed a $53m Series C round.
– The round was co-led by Longitude Capital and The Rise Fund with participation from new investors RA Capital Management, Redmile Group and Red Tree Venture Capital, with existing shareholders.
– The funding will be used to further expand the company’s commercial presence in emergency departments and intensive care units globally.

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LIVEKINDLY Collective Raises $335 Million to Accelerate Adoption of Plant-Based Living and Sustainability in the Global Food System
LIVEKINDLY Collective Raises $335 Million to Accelerate Adoption of Plant-Based Living and Sustainability in the Global Food System
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LIVEKINDLY Collective Raises $335 Million to Accelerate Adoption of Plant-Based Living and Sustainability in the Global Food System

– LIVEKINDLY Collective announced a successful capital raise led by The Rise Fund, the global impact investing platform managed by TPG.
– This round was joined by existing investor Rabo Corporate Investments, the investment arm of Rabobank, S2G Ventures, and other existing and additional mission-aligned investors.
– This investment closes a growth funding round of $335m, including $135m converted from a prior round, bringing the total funds raised by LIVEKINDLY Collective in its first year to $535m.
– With this latest investment, LIVEKINDLY Collective has become one of the top three highest-funded and fastest-growing plant-based food companies globally.

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Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage
Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage
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Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage

– Digital House, a Buenos Aires-based edtech focused on developing tech talent through immersive remote courses, announced today it has raised more than $50 million in new funding.
– Notable investors are Mercado Libre and Globant.
– The raise brings Digital House’s total funding raised to more than $80 million since its 2016 inception.
The Rise Fund led a $20 million Series B for Digital House in December 2017, marking the San Francisco-based firm’s investment in Latin America.
– Nelson Duboscq, CEO and co-founder of Digital House, said that accelerating demand for tech talent in Latin America has fueled demand for the startup’s online courses.
– Since it first launched its classes in March 2016, the company has seen a 118% CAGR in revenues and a 145% CAGR in students.

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Varo Bank raises another $63M, led by NBA star Russell Westbrook
Varo Bank raises another $63M, led by NBA star Russell Westbrook
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Varo Bank raises another $63M, led by NBA star Russell Westbrook

– Varo Bank, a digital bank, raised $63m in new funding.
– The round was led by NBA star Russell Westbrook, who will also join the startup as an advisor focused on the direction of Varo Bank’s programs aimed at underserved communities, including communities of color.
– Existing Varo Bank investors include Warburg Pincus, The Rise Fund, Gallatin Point Capital, HarbourVest Partners and funds managed by BlackRock.
– With the additional funds, Varo Bank’s total raise to date is now $482.4 million.

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Rad Power Bikes Inks $150M
Rad Power Bikes Inks $150M
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Rad Power Bikes Inks $150M

– Rad Power Bikes, North America’s largest ebike brand, today announced a minority investment of $150m from Counterpoint Global (Morgan Stanley), Fidelity Management & Research Company, The Rise Fund, the global impact investing platform managed by TPG, and funds and accounts advised by T. Rowe Price Associates, Inc.
– Existing investors Durable Capital Partners LP and Vulcan Capital also participated in the round.
– The investment reflects a historic commitment to Rad Power Bikes’ vision of a world where transportation is energy-efficient, enjoyable and accessible to all.
– Rad Power Bikes will use this new funding to extend its market leadership, drive innovation, and scale retail and service offerings.

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