Unicorn Nest news
Investment app Syfe raises $30M Series B led by returning investor Valar Ventures
– Singapore-based Syfe, a robo-advisor app, raised $30m in Series B funding.
– The round was led by Valar Ventures and joined by Presight Capital and Unbound.
– It brings Syfe’s total raised so far to $52.4m since it was founded in 2017.
– The startup did not disclose its Series B post-money valuation.
Unicorn Nest news
Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation
– Forto has successfully raised $240M in an investment round.
– The round was led by SoftBank Vision Fund 21, with participation from Citi Ventures and G Squared, and strong backing from existing investors including Northzone, Inven Capital, Cherry Ventures, and Unbound.
– With this round, Forto’s valuation now stands at $1.2B.
Unicorn Nest news
Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures
– Motorway, a U.K. startup that allows professional car dealers to bid in an auction for privately owned cars for sale, has raised £48m in Series B funding.
– The funding was led by Index Ventures and joined by BMW i Ventures and Unbound, and existing investors Latitude and Marchmont Ventures also participated.
– The funding will be used to extend its platform and grow the current 160-strong team.
Unicorn Nest news
Deep Instinct Closes $100 Million Series D New Funding to Fuel Hyper-Growth
– Deep Instinct has successfully raised $100m in Series D funding.
– The company’s platform can predict, prevent, and analyze cyberattacks at any touchpoint of the organization from the endpoint through to the network.
– This round was led by funds and accounts managed from BlackRock, with participation from Untitled Investments, The Tudor Group, an investment by Anne Wojcicki, and existing investors, including Millennium, Unbound, and Coatue Management, among others.
– This new capital doubles the investment to date, bringing the total funding to $200m.
– This round will accelerate Deep Instinct’s aggressive growth plans for 2021 and beyond.
– Deep Instinct currently protects customers across North America, Europe, and APAC, with enterprise customers tripling in the last year.