Business and Economy

February VC funding stayed high at $35B by Crunchbase

February VC funding stayed high at $35B

Global venture funding in February continued at a strong pace, tracking at just under $35 billion, or an average of $1.7 billion each working day, according to Crunchbase data. Investors also minted 22 new unicorn startups in February, in sectors spanning crypto, SaaS, and security.

Qualify leads and understand buying power with our new employment signals

Identify companies that are growing and steer clear of companies that aren’t with Crunchbase’s newest employment signals. Actively hiring and layoffs data make it easy to find new accounts with positive growth signals and no reported recent layoffs. Now you can quickly qualify leads with employment signals, firmographic information, funding data, and other buying signals in Crunchbase.

M1 Finance banks $75M Series D

M1 Finance, a free platform for people to manage their money and investments, nabbed $75 million in a Series D round led by Coatue. The financing marks the third significant round of funding in less than a year for the Chicago-based company.

Smart glass maker View set to start trading

Smart glass maker View is set to begin trading on the Nasdaq after going public through a SPAC merger. CEO Rao Mulpuri tells Crunchbase News he sees the offering as a financing event, not a liquidity event.

Privacera closes on $50M for data security

Data governance and security provider Privacera closed a $50 million Series B as it looks to build on momentum from last year. New investor Insight Partners led the financing for the five-year-old, Fremont, California-based company.

Pipe pulls in $50M for tradable revenue streams

Los Angeles-based Pipe, creator of a first trading platform for recurring revenue streams, brought in $50 million in an equity financing round led by SiemensNext47 and Raptor Group. The platform launched in 2020 and currently has tradable annual recurring revenue in excess of $1 billion.

Zeni raises $13.5M for digital bookkeeping

Palo Alto-based Zeni emerged from stealth with the launch of its AI-powered finance concierge service for startups. The company also announced $13.5 million in funding to-date, including a Series A portion led by Saama Capital.

IonQ going public via SPAC, Starling Bank lands $376M

IonQ, a quantum computing hardware and software company, announced it will go public through a merger with a blank-check firm. In other news, U.K.-based digital banking provider Starling Bank raised $376 million in a Series D round led by Fidelity Management and Research.

Why homebuying startups are on a tear

Venture-backed startups in the real estate and property investment space have raised more than $8.7 billion in funding since last March. The red-hot U.S. residential real estate market in particular has been driving growth for a host of startups aiming to make it easier to buy, sell, and manage homes.

Keep up with the Crunchbase News Briefing

To keep up on breaking news throughout the day, check out the Crunchbase News Briefing. This continuously updated daily feature on our main news site has summaries of notable funding announcements, IPOs, M&A, and other happenings in the startup world

Leave a Reply