– Abra has raised $55m in Series C funding. The round was led by IGNIA and Blockchain Capital, with new investors including Kingsway Capital, Tiga Investments and the Stellar Development Foundation.
– The round brings Abra’s total funding to date to over $85m since inception.
– This new round will enable the company to further expand its world-class product team into new offerings for wealth management, trading, and payments; scale its marketing team; and develop the company’s fast-growing high net worth and institutional sales offerings.
– Abra has experienced tremendous growth over the past year. The company’s revenues have increased more than ten-fold, while custody services, Abra Trade and Abra Earn, went from zero to $1bn in AUM, with zero defaults.

– Outdoorsy, an Austin TX-based company focused on online RV rental and outdoor travel marketplace, raised $120M in equity and debt funding.
– The round was led by Moore Strategic Ventures, ADAR1 Partners, Monashee Capital, SiriusPoint (NYSE: SPNT), and Convivialite Ventures, Pernod Ricard, with participation from Altos Ventures, iAngels, and Greenspring Associates.
– Pacific Western Bank provided the $30m debt facility.
– The company intends to use the capital for customer growth in its marketplace, expansion of insurtech division Roamly, and advancement of new partnership with Collective Retreats.

– Beacons, a business platform for social media creators, announced a $6m seed funding round led by Andreessen Horowitz with participation from Li Jin’s Atelier Ventures, The Chainsmokers’ Mantis Fund, Night Ventures, Brazilian esports organization LOUD and Crush Music.
– The new capital will fuel the company’s rapid growth by accelerating product development and hiring. Beacons already supports more than a quarter of a million creative brands, with over 3,000 new accounts established daily.
– Creators and organizations using Beacons for link-in-bio include: Sia, Russell Brand, Green Day, Katie Thurston (the next Bachelorette), and Barstool Sports.

– French startup BlaBlaCar raised $115m funding.
– The round was led by VNV Global and joined by Otiva J/F AB and FMZ Ventures.
– The company started 15 years ago with a simple goal — matching empty car seats with passengers going in the same direction.

– Bankly, a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2m seed round.
– The round was led by 500 Startups and joined by other investors including the co-founder of Transferwise.
– The company is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria.

– Wefarm, a social networking platform aimed at independent farmers to help them meet each other, exchange ideas and get advice, and sell or trade equipment and supplies, has raised $11m funding.
– The funding is an extension to the company’s 2019 Series A, and is being led by Octopus Ventures.
– True Ventures (which led the 2019 round), Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder also participated.
– Wefarm has raised $32m since being founded in 2015.
– To date, London-based Wefarm has primarily found traction in countries in East Africa.
– Its service is available via a website, but most of its users are accessing without any internet use at all, via the company’s SMS interface.

– Realm, the first centralized data hub for homeowners, has raised $3M in seed funding from Primary Venture Partners, Lerer Hippeau, and Liberty Mutual Strategic Venture Partners.
– Founded in 2019, Realm helps homeowners get more out of their single biggest asset by showing them what their property could be worth and how to access more of its potential value.
– Realm analyzes thousands of unique data points to highlight opportunities to increase property value through square-foot add-ons, renovations, rental units, and more, helping families to enjoy their home more in the present while getting more value from it down the road.