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.
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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 Siemens, Next47 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.
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