– Anocca AB closed a $47m Series B financing to further advance the company’s industrialised cellular biology platform and progress its pipeline of TCR-T cellular therapies into Phase I/IIa clinical trials.
– The financing was led by advisor Danske Bank, with Swedbank Robur Ny Teknik, Ramsbury Invest and significant family offices including those of Harald Mix and Robert Andreen joining existing investors including Mellby Gård, Nidoco and co-founder Mikael Blomqvist.

– Gravitee has raised $11m in a series A round of funding led by AlbionVC and Oxx.
– Gravitee exists in a space that includes the likes of Tyk; Kong, which recently raised $100m at a $1.4bn valuation; Google-owned Apigee; and Mulesoft, which Salesforce snapped up for a cool $6.5bn three years ago.
– With an open source foundation and a focus that extends beyond pure API management, Gravitee is striving to set itself apart from the crowd with a more flexible and customizable offering.

– Oliva, a mental health startup, raised $2.2m in pre-seed funding.
– The round was led by Moonfire Ventures, the new seed-stage VC firm from Atomico co-founder Mattias Ljungman.
– Other investors include tech executives from Amazon, Booking.com, DogBuddy, Typeform, Hotjar, TravelPerk and more.

– Space propulsion developer Accion Systems raised $42m in a Series C funding.
– The round was led by Tracker Capital and joined by existing investors, including Draper Fisher Jurvetson, Lux Capital, and Space Angels Network.
– The company plans to use the funding to develop and manufacture its fourth generation propulsion system, dubbed the tiled ionic liquid electrospray (TILE) system.

– Global investment group Eurazeo invested $53m in Pangaea Holdings for a minority investment in the Los Angeles e-commerce company rooted in creating premium men’s personal care brands.
– The investment is part of a larger $68m round that includes $15m in Series B funding from a group of backers including Unilever Ventures and GPO Fund and existing investors Base10 Partners and Gradient Ventures.
– This brings the company’s total funds raised to $87m since the company was founded by Richard Hong and Darwish Gani in 2018.

– FloQast, an accounting collaboration, automation, and close-management platform, has raised $110 million in a series D round of funding at a $1.2 billion valuation.
– The round was led by Meritech Capital, with participation from Insight Partners, Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Polaris Partners, and Norwest Venture Partners.
– Financial close management is the business process of checking and adjusting account balances at the end of each month or other predefined period to publish compliant financial reports for regulators, managers, shareholders, or any other stakeholder that needs to know a company’s current financial position.

– DNSFilter, a Washington, D.C.-based provider of DNS content filtering and threat protection solutions, announced that it closed a $30 million series A funding round led by investment firm Insight Partners.
– The proceeds, which bring DNSFilter’s total raised to $36 million, will put toward product development and strategic initiatives including partnerships, as well as expanding the company’s workforce.
– Cisco found in 2016 that 90% of malware programs use DNS to carry out campaigns. And according to IDC, organizations faced an average of more than nine DNS attacks in 2019, an increase of 34% year-over-year. Costs went up 49% compared with 2018, meaning that one in five businesses lost just over $1 million per attack.

– Pennies is a digital charity box.
– It has raised $5m in funding.
– The round was led by Morpheus Ventures and joined by Nationwide Building Society.
– The company provides an API allowing firms to customers to donate to good causes.

– Okendo, a customer marketing SaaS platform for ecommerce brands, announced that it has raised $5.3m in seed funding.
– The round was led by Index Ventures with participation from a number of notable industry leaders.
– The funding follows 12 months of rapid growth, during which Okendo’s annual recurring revenue increased by more than 3x.
– The growth has been fuelled by the accelerated global adoption of ecommerce, increased merchant demand for customer-centric marketing solutions and Okendo’s continued business expansion in the United States.
– The company also announced plans to evolve its offering beyond its cornerstone customer reviews app and into a platform with a suite of integrated products for helping consumer brands better manage their owned customer relationships.

– Vincent, an alternative asset aggregation hub, raised $6m in Series A funding.
– The round was led by LAUNCH with additional investment from 8VC and Digital Currency Group, among others.
– The platform has 75 partner platforms integrated with the site.

– Carbon Health, a leading omnichannel healthcare provider, announced that it has raised $350m.
– The investment enables Carbon Health to further accelerate its expansion to become the largest primary care provider in the U.S. and fulfill its mission to make high-quality healthcare accessible to everyone.
– The round was led by Blackstone’s Horizon platform with participation from Atreides, Homebrew, Hudson Bay Capital, Intersect Capital, Fifth Wall, Lux Capital, Silver Lake Waterman, and funds and accounts managed by BlackRock.

– Loop Returns, a software company looking to handle the costly and inefficient process of retail/e-commerce returns, has announced the close of a $65 million Series B financing round.
– The round was led by CRV, with participation from Shopify and Renegade Partners, as well as existing investors FirstMark Capital, Ridge Ventures, Peterson Ventures and Lerer Hippeau.
– The deal values the company at $340 million post-money.
– Loop Returns was co-founded by Jonathan Poma after he was working at an agency and consulting with a big Shopify brand to help them with returns and exchanges. He partnered with longtime friend Corbett Morgan to start Loop Returns.

– Seattle-based food automation startup Picnic added an additional $4.2m in funding to a Series A round that previously raised $16.3m.
– The cash will be used to grow and expand Picnic’s team of experts and commercial operations.
– The food-automation company has been perfecting its pizza-making robot, called the Picnic Pizza System, and has attracted interest and new partnerships with Orion Land Mark, Seattle’s Ethan Stowell Restaurants, National Service Cooperative, and Baseline Hardware.
– Picnic is in late-stage conversation with a wide variety of customers interested in a differentiated and customizable kitchen solution.

– Safe Security, which provides a platform to measure cyber risk, announced that it raised $33 million in a strategic investment led by BT Group, the U.K.-based telecom provider.
– As a part of the investment, BT will be granted the exclusive rights to use and sell Safe Security products to organizations in the U.K. as it incorporates the platform into its wider portfolio.
– BT will also work with Safe Security to develop new products and with Safe’s customers to improve their cybersecurity postures, according to Safe Security CEO Saket Modi.
– With the frequency of large-scale data breaches increasing — from 662 in 2010 to over 1,000 by 2020 — businesses are looking for ways to assess how vulnerable they might be.

– Valoreo, a Latin American e-commerce company, raised $30m in Series A funding.
– The round was led by Presight Capital and Kingsway Capital and joined by existing investors Kaszek, Upper90 and FJ Labs.
– The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80m since inception.
– It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring.

– Fintech startup Yapily has raised a $51m Series B funding round led by Sapphire Ventures.
– The company has been working on a single, unified open banking API for several European markets.
– Developers can leverage that programming interface to interact with third-party bank accounts directly from their own products.
– Yapily focuses exclusively on API integrations.

– Sololearn, a mobile-first education platform, raised $24m in funding.
– The round was led by Drive Capital and joined by previous investors Learn Capital and Prosus Ventures.
– The company plans to expand its business.

– BlueOcean, a software-as-a-service platform that taps AI to deliver brand strategy insights, announced that it closed a $15 million series A round led by Insight Partners.
– The company says that the funds will be used to grow its team, deepen existing investments in AI, and build on BlueOcean’s existing customer base.
– Brand drives revenue. The strength of a company’s brand directly affects its ability to sell to a customer, acquire talent, and drive shareholder value. According to McKinsey, strong brands consistently outperform the market. The world’s 40 strongest brands “yielded almost twice the total return to shareholders of an investment in a Morgan Stanley Capital International (MSCI) World index certificate over the course of the 20-year period ending in 2019.”

– 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.

– Fetch Package, an Austin, Texas-based last-mile package delivery service for apartment communities, raised $60m in funding.
– The $50m Series C equity funding round was led by Ocelot Capital with participation from Greenpoint Partners, Alpaca VC and Rose Park Advisors and existing investors Iron Gate Capital, Signal Peak Ventures, Venn Ventures, Pando Ventures, and Seamless.
– The company intends to use the funds to continue to scale its business by opening in 24 new major markets over the next two years as well as continuing to expand to new locations within existing markets.

– Octane AI from San Francisco develops a data marketing platform to help ecommerce marketers collect zero-party data and power a personalized customer journey.
– The company raised $5m in funding.
– The round was led by Javelin Venture Partners with participation from existing investors Bullpen Capital, General Catalyst and Boost VC.
– In conjunction with the funding, the company added Alex Gurevich, Managing Director at Javelin Venture Partners, as a Board Observer, Alex Gurevich (a different one) as new VP of Finance and Operations, and Vincent Silvey as VP of Engineering.

– Tachyum closed its Series B funding round, led by private equity investor IPM Group in cooperation with the other investors.
– The latest monies raised from round will be used to finalize Prodigy as it moves from the successful demonstration of an FPGA prototype to tape-out and then to manufacturing of the world’s first Universal Processor Chip.
– Tens of millions of dollars are raised in series B.

– Brokrete, a Toronto, Canada-based provider of an e-commerce platform for suppliers in the construction industry, called Storefront, closed a US$3M seed financing round.
– The round was led by Xploration Capital and was joined by new strategic investors, existing investors and key employees.
– The company intends to use the funds to further accelerate its growth in the North American and European markets.

– Aromyx from Mountain View, CA applies biotechnology and data science to capture sensory data.
– Company raised $10m in Series A funding.
– The round was led by Rabo Food&Ag Innovation Fund and Sozo Ventures with participation from existing investors Ulu Ventures, Radicle Growth, Capital Energy and Merus Capital.
– The funding will be used to help the company increase capacity and automation capabilities, generate more data, improve AI algorithms, and expand its lab and software teams.

– her1, a Berlin, Germany-based female wellness brand, raised €5.5M in Series A funding.
– The round was led by Five Seasons Ventures with participation from previous seed investors Rheingau Founders and IBB Ventures.
– The new investment will be used to grow in the European market, develop new products for different life stages, and expand its finance, marketing and product teams.

– Amylyx Pharmaceuticals, Inc. closed $135m in Series C financing.
– Viking Global Investors led the round with participation from Bain Capital Life Sciences, Perceptive Advisors, Rock Springs Capital, Woodline Partners, Marshall Wace, Tybourne Capital Management, Verition Fund Management, aMoon Fund and Falcon Edge.
– The company intends to use the funds for the clinical development and potential launch plans for lead product candidate AMX0035, for the potential treatment of ALS, and further research and development in other neurodegenerative diseases.

– Orbit Discovery has raised $7.6m in funding.
– The financing was led by Oxford Sciences Innovation with participation from Borealis Ventures, Perivoli Innovations, and other institutional and individual investors, including Kapil Dev Joory.
– Proceeds from the financing will be used to accelerate Orbit’s growth trajectory as a leading provider of peptide discovery services to the biotechnology and pharmaceutical industry.
– Orbit’s novel bead-based and microfluidic technology platform enables the screening of peptide libraries for target binding and subsequent activity in cell-based functional assays.
– This makes the platform ideal for identifying active peptides against both soluble proteins and membrane bound targets such as GPCRs.
– Until now, researchers have struggled to unite high throughput affinity screens with functional screens utilising peptide libraries of very high chemical diversity.

– Keen Games will use the $10m from Tencent and Hiro to expand game development and to publish their title, the spiritual successor to Portal Knights.
– Portal Knights sold over 3.5M copies.
– Keen Games will be equipped to retain creative and publishing independence.
– Keen Games is currently hiring multiple positions.

– Turnstone Biologics Corp. announced the successful completion of an $80m Series D financing co-led by PFM Health Sciences and Point72.
– New investors include Eventide Asset Management, Surveyor Capital (a Citadel company), Ridgeback Capital Investments, Takeda Ventures, CaaS Capital, JM Family Enterprises, Inc., Northleaf Capital Partners, 404 Bio and an undisclosed investor.
– The round was joined by existing investors Versant Ventures, OrbiMed, F-Prime Capital, Sectoral Asset Management, Sixty Degree Capital, Brace Pharma Capital and Teralys Capital.
– Proceeds from the financing will be used to advance Turnstone’s pipeline of programs from its oncolytic virus and TIL therapy platforms.

– Worldr, a London, UK-based provider of a platform that gives businesses back privacy and control over their data and communication, raised $3m in seed funding.
– The round was led by IQ Capital and Playfair Capital with participation from cyber seed investors including CyLon (co-founded by Grace Cassy and Jonathan Luff), Andreas Wuchner (Group Head of IT & Risk at Credit Suisse) and Privitar Co-Founder, John Taysom.
– The company intends to use the funds to continue to develop the product ahead of public launch later this year.

– Outplay announced its $7.3M series A fundraise from Sequoia Capital India.
– Outplay will use the funds raised to invest in technology and hiring exceptional talent across the globe.
– The platform brings predictability to outbound sales and helps sales reps talk to the right prospect at the right time through the right channel.

– Paro is a Chicago, IL-based startup on-demand financial expertise company.
– The company raised $25m in Series B funding.
– The round was led by Madrona Venture Group, with participation from existing investors Revolution Ventures, Sierra Ventures and KGC Capital.
– The new investment will be used to accelerate the company’s growth domestically and internationally as well as invest in its AI–powered professional services marketplace.

– Phononic from Durham, NC develops semiconductor cooling solutions.
– Goldman Sachs Asset Management Sustainable Investing business made a $50m growth funding.
– The new investment will be used to expand sales and marketing, domestic and international high-volume manufacturing capabilities, and expand its cooling and refrigeration product portfolio and platform.

– TMRW Life Sciences, Inc., a NYC-based life sciences technology company providing an automated platform for tracking, monitoring, and storage of frozen eggs and embryos used in in vitro fertilization (IVF), completed a $105m Series C equity and debt financing.
– The equity round was led by Transformation Capital with participation from GV (formerly Google Ventures), Casdin Capital, Peter Thiel, Anne and Susan Wojcicki, and existing investors 5AM Ventures and Life Sciences Innovation Fund, among others.
– The company intends to use the funds to accelerate global expansion, advance product innovation, develop consumer awareness of the platform, and support future business development opportunities.

– Spendesk is a Paris, France-based spend management platform for finance teams.
– The company raised €100M in Series C funding.
– The round was led by General Atlantic with participation from previous investors Index Ventures and Eight Roads Ventures.
– The new funding will be used to hire talent, accelerate product innovation, and expand in Europe.

– Ethos, an San Francisco, CA -based life insurtech company, raised an additional $100 in funding.
– SoftBank Vision Fund 2 made the investment which brought the valuation of the company to $2.7b and total funds raised to $400m.
– The company intends to use the funds to expand its business reach.

– Dwolla is a Des Moines, Iowa-based modern payments platform provider.
– Company raised $21m in funding.
– The round was led by Foundry Group with participation from Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures, and Jeremy Andrus, CEO of Traeger.
– The new investment will be used to conduct growth initiatives with international payments, expansive partner relationships through a partner API and further accelerate its product roadmap focused on a real-time payments experience.

– Sonatus, a Sunnyvale, Calif.-based automotive software company, raised $35m in Series A funding.
– The round was led by Translink Capital with participation from Hyundai Motor Group’s Kia Corporation, SAIC Capital, LG Electronics, Marvell, UMC Capital, and Wanxiang Group Company.
– The new investment will be used to accelerate global growth and further expand its roadmap of next-generation software-defined vehicle solutions.

– Natel Energy announced a $20m funding.
– The round led by Breakthrough Energy Ventures and supported by Chevron Technology Ventures.
– The company will use the funding to build momentum in the deployment of its flagship product, the Restoration Hydro Turbine (RHT), which enables cost-effective production of distributed reliable renewable energy, while supporting the health and climate resilience of watershed ecosystems.

– Leo Cancer Care is a Horley, UK- and Middleton, Wisconsin-based radiation therapy startup.
– The company raised $25.3m in Series B funding.
– The round was led by Pureland Global Venture, Yu Galaxy, WARF, Alumni Ventures, Junson Capital and Serra Ventures as well as industry leaders CHC, Cosylab, Toret Devices and Radiation Business Solutions.
– The new investment will be used to expand their teams in the US, Europe and Singapore and continue the development of its upright radiotherapy solutions.

– Tilting Point, a leading free-to-play games publisher, has raised $235m in the company’s first-ever equity financing.
– The funding was led by General Atlantic, a leading global growth equity firm, with participation from strategic investor Red Ventures and Kamerra.
– The company will use the investment to accelerate its progressive publishing model by signing more developers in live publishing, co-developing more titles, acquiring more studios and partnering with developers on top IP launches.
– Tilting Point will also leverage the funding to continue to expand across geographies, platforms and audiences.
– With this new financing, Tilting Point aims to further expand its global reach by growing in strategic international markets like South Korea and China.

– ClexBio has secured US$2.2m in seed funding from private investors and governmental grants.
– The development of blood vessel transplants is facilitated by the company’s proprietary Competitive Ligand Exchange X-Linking (CLEX) technology that represents a breakthrough in the ability to manipulate delicate living cells at the microscale, a prerequisite for recreating functional biological tissue architectures in the lab.
– ClexBio’s research-heavy team brings many years of experience from top US and European universities and research institutes including Harvard University, Yale University, the Wake Forest Institute for Regenerative Medicine, EPFL, the technical University of Munich, NTNU, the University of Oslo, and SINTEF.

– Woebot Health from San Francisco, CA develops relational technologies for mental health.
– Company raised $90m in Series B funding.
– The round was led by existing investor Jazz Venture Partners and Temasek with participation from funds and accounts managed by BlackRock Private Equity Partners and Owl Ventures, Mirae Asset Capital, Kicker Ventures, Alumni Ventures and Gaingels as well as existing investors NEA and AI Fund.
– The new investment will be used to accelerate further development of its relational platform and technologies, advance its lead digital therapeutic candidates, and expand its team and go-to-market activities.

– Neuspera Medical Inc. closed a $65m series C equity financing.
– The round was co-led by Vertex Ventures HC and Treo Ventures with participation from returning Series A and Series B investors Action Potential Venture Capital and Windham Venture Partners.
– The new funding will be used to conduct the SANS-UUI pivotal clinical study of its miniaturized implantable neuromodulation technology platform for use in subjects with Urinary Urgency Incontinence, a symptom of overactive bladder (OAB).

– Coave Therapeutics, a Paris, France-based clinical stage biotechnology company focused on developing life changing gene therapies in rare Ocular and CNS (Central Nervous System) diseases, raised a €21.2m ($25.1m) expansion of its Series B funding round, bringing the total raised to €33.1m ($39m).
– This round was led by Seroba Life Sciences, supported by new investors Théa Open Innovation and eureKARE alongside existing shareholders Fund+, Omnes Capital, V-Bio Ventures, Kurma Partners, Idinvest, GO Capital, and Sham Innovation Santé/Turenne.
– The company will use the proceeds to support the execution of its corporate strategy, which is focused on advancing its lead clinical program CTx-PDE6b for the treatment of PDE6b inherited retinal dystrophies, currently in Phase I/II clinical trial, towards pivotal trials, developing its AAV Ligand Conjugate (‘ALIGATER’) platform, which is designed to enhance the delivery and efficiency of AAV vectors via a proprietary chemical conjugation technology to produce targeted gene therapy products, advancing new preclinical programs, based on AAV-Ligand Conjugate capsids (coAAV), in rare CNS and Ocular diseases, including CTx-GBA1 for Parkinson’s disease and Gaucher Disease and CTx-ABCA4 for Stargardt’s disease, entering partnerships in key disease areas to progress novel coAAV candidates towards the clinic and to address other disease areas given the potential of the platform and the scope for targeting other tissues.

– Vedanta Biosciences, Inc. from Cambridge, MA develops new category of oral therapies using defined bacterial consortia manufactured from clonal cell banks.
– The company closed a $68m Series D financing.
– The round was led by affiliates of Magnetar Capital with participation from Verition Fund Management, Fosun Health Capital, co-founder PureTech Health (Nasdaq: PRTC, LSE: PRTC), Rock Springs Capital, Skyviews Life Science, JSR Corporation, SymBiosis LLC, Shumway Capital, Health for Life Capital (Seventure Partners), and other institutional investors.
– The company plans to use the funds to advance its pipeline of defined bacterial consortia, including progressing VE303 into a Phase 3 clinical trial in patients at high risk for recurrentCDI, initiating a Phase 2 clinical trial of VE202 in mild to moderate ulcerative colitis, and continuing to advance programs in additional indications.

– Vitally from Brooklyn, NY provides a Customer Success platform to B2B SaaS companies.
– Company raised $9M in Series A funding.
– The round was led by Andreessen Horowitz and David Ulevitch will be joining the Vitally board.
– The new investment will be used to expand operations and its marketing and product development efforts.

– Artis Technologies is a fintech startup from Atlanta that provides real-time lending and payment solutions for businesses at the point of need.
– The company closed a $7m Series A funding.
– The round was led by Saluda Grade Ventures with participation from CMFG Ventures, Fintech Venture Fund, the Independent Community Bankers of America (ICBA), and previous investors.
– The new investment will be used to grow operations, diversify funding sources, and improve client support.

– 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.

– Capchase, a Spanish-American company, raised $280m funding.
– The round was led by i80 Group and joined by existing investors.
– It brings Capchase to a valuation of $2 billion.
– Capchase is now live in the U.K. and Spain but expects to expand across Europe this year.

– Fabric8Labs, a metal 3D printing company, raised $19.3m funding.
– The round was led by Intel Capital and featured Lam Capital, TDK Ventures, SE Ventures, imec.xpand, Stanley Ventures and Mark Cuban.
– It follows $4m in seed funding raised in mid-2018.
– The San Diego-based startup specializes in metal 3D printing.

– Little Spoon, a baby and children’s meals startup, raised $44m in Series B funding.
– The round was led by Valor Equity Partners, with participation from Kairos HQ.
– The company has raised $73m in total funding since it was founded in 2017.

– RxAll, a startup using deep technology to provide quality medication to patients, raised $3.15m in funding.
– Launch Africa led the round with participation from SOSV’s HAX and Keisuke Honda.
– The company plans to scale across existing markets and improve its technology.

– Pivot Bio, a Berkeley, CA-based nitrogen innovator in agriculture, closed a $430m Series D funding.
– The round was led by DCVC and Temasek with participation from Generation Investment Management, G2 Venture Partners, Rockefeller Capital Management, Breakthrough Energy Ventures, Continental Grain Company, Prelude Ventures; Pavilion Capital, Bunge Ventures, Tekfen Ventures, and Roger Underwood.
– The company intends to use the funds to focus on scaling its U.S. business and expanding into key international markets.

– LeagueApps, which aims to be the operating system for youth sports organizations, announced it has raised $15m in a Series B round of funding.
– Existing investor Contour Venture Partners led the financing, which brings to $35m the company’s total funding since its 2010 inception.
– Major League Baseball and Elysian Park Ventures, the private investment arm of the ownership group of the Los Angeles Dodgers, also participated in the round.
– A slew of new and existing backers also put money in the round, including Olympic gold medalists Julie Foudy and Swin Cash; NFL veteran Derrick Dockery; Peter J. Holt, chairman of Spurs Sports & Entertainment; Laura Dixon, founder and president of PRO Sports Assembly; and investment management firm Hamilton Lane.

– Titan, a startup that is building a retail investment management platform aimed at the new generation of “everyday investors,” has closed on $58m in a Series B round led by Andreessen Horowitz.
– The financing comes just over five months after Titan raised $12.5m in a Series A round led by General Catalyst, and brings the startup’s total raised since its 2017 inception to $75m. It values the company at $450m.
– General Catalyst also put money in the Series B round, along with BoxGroup, Ashton Kutcher’s Sound Ventures and a group of professional athletes and celebrities including Odell Beckham Jr., Kevin Durant, Jared Leto and Will Smith.

– E-commerce company Fabric just landed a $100m investment to help retailers sell their products online.
– The funding comes just five months after Fabric raised a $43m Series A round.
– The 4-year-old company said revenue has grown more than 800% year-over-year as the pandemic has accelerated e-commerce adoption.
– It now employs 161 people, up 400% since February.
– The Series B round values Fabric at $850m, according to Bloomberg, up from a $193m valuation in February.
– Fabric is quickly inching toward unicorn status, on the verge of joining a growing list of privately held tech startups in the Seattle region valued above $1bn.

– Quit Genius, a NYC-based digital clinic for treating multiple addictions, raised $64M in Series B funding round.
– The round was co-led by Kinnevik and Atomico, with participation from Series A investors Octopus Ventures, Triple Point Ventures and Startup Health.
– The company will use the funds to fuel expansion of its platform in the U.S..

– Swiggy, a food delivery startup, raised $1.25bn funding.
– The round was led by SoftBank Vision Fund 2 and Prosus Ventures.
– It includes the $800m investment the Bangalore-based startup had disclosed to employees earlier this year.
– The new financing round gives the six-year-old food delivery startup a post-money valuation of $5.5bn.

– Sundae is a San Francisco, CA-based residential real estate marketplace.
– The company closed $80m in Series C funding.
– The round was co-led by Fifth Wall and General Global Capital, with participation from QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels, and Oberndorf Ventures.
– The company intends to use the funds to continue expanding to new markets, investing in its online marketplace platform and digital tools for sellers and buyers, and building brand awareness to reach more homeowners and property investors across the country.