Eclipse Ventures led the round and was joined by investors including Foundation Capital, Index Ventures, Forerunner Ventures, and WhiteStar Capital. Chord, a New York-based commerce software company, raised $18 million in Series A funding. Ketch, a San Francisco-based data privacy and security company, raised $23 million in Series A funding from CRV, super, Ridge Ventures, Acrew Capital, and Silicon Valley Bank. Morningside Ventures led the round and was joined by investors including Seligman Investments and Tao Capital Partners. Apnimed, a Cambridge, Mass.-based clinical-stage company focused on sleep apnea and related disorders, raised $25 million in Series B funding. GV led the round and was joined by investors including F-Prime Capital, Casdin Capital, and Brook Byers. Leyden Laboratories, an Amsterdam and Boston-based company targeting viruses, raised €40 Million ($47 million) in Series A funding. aMoon and NorthPond led the round, and were joined by investors including Echo Health Ventures, Khosla Ventures, and Alumni Ventures. Scipher Medicine, a Waltham, Mass.-based precision immunology company, raised $82 million in Series C funding. Spectrum Equity led the round and was joined by investors including Centana Growth Partners, Propel Venture Partners, Freestyle Capital, Compound Ventures, and Upside Partnership. Ease, a San Francisco-based HR and benefits software solution for small business and insurance carriers, raised $41 million in Series C funding. Investors included Mercado Libre, Globant, and Riverwood Capital. Digital House, a Brazil-based edtech focused on developing tech talent through remote courses, raised $50 million. PPRO, a London payments startup, raised an additional $90 million. Allianz X and Acrew Capital led the round. Pie Insurance, a Washington D.C.-based startup with workers’ compensation insurance for small businesses, raised $118 million in Series C funding. Canapi Ventures led the round and was joined by investors including CapitalG, Citi Ventures, Wells Fargo, and True Bridge Partners. Notarize, a Boston, Mass.-based notarization company, raised $130 million in Series D funding. Invesco Developing Markets Fund led the round and was joined by investors including GIC and Lake Bleu Capital. and Beijing-based company developing therapies for diseases including infectious diseases, liver diseases, and CNS diseases, raised $155 million in Series C funding. Partners of DST Global, Lightspeed Venture Partners, and VY Capital led the round, valuing it at $5.2 billion. , a London-based cryptocurrency wallet and exchange operator, raised $300 million in Series C funding. TCV, D1 Capital Partners, and Falcon Edge led the round. Dream Sports, a Mumbai-based company behind fantasy sports app Dream11, raised $400 million in a secondary raise valuing the firm at $5 billion. Byju’s, an India-based edtech, is in talks to raise over $600 million that could value it at $15 billion, per TechCrunch. Investors included Silver Lake, Fidelity Investments, Franklin Templeton, Neuberger Berman, Thrive Capital and Major League Baseball. Atomic still plans to grow its San Francisco presence, he adds.įANATICS: Sports merchandising company Fanatics has raised $320 million at a $12.8 billion valuation, over double its price tag less than a year ago. The venture studio, which both invests and creates its own startups, plans to have enough office capacity for 30 to 40 people to start. But then remote work meant talent could be accessed from anywhere. And as the pandemic worsened, Atomic decided to open up a shop in Miami.Īccess to talent was critical in its original decision to open up an office in New York, says Abraham. The time difference gave him a three-hour head start to much of the startup world on the west coast. He found himself becoming more productive during his lengthened trip. What was intended to be a short visit with friends became a month-and-a-half-long convalescence after Abraham contracted COVID, and inadvertently, he says, fell in love with what Miami had to offer. Openstore is one of three startups Atomic is currently working on out of Miami, where Abraham moved to from San Francisco in the summer. The idea for OpenStore came together in December of 2020, he says, after both he and Rabois agreed there was a gap in the “non-Amazon part of the market.” “We have plans to scale massively in Miami and make OpenStore the largest company in the city’s history,” Jack Abraham, founder and managing partner at Atomic, told Term Sheet on Wednesday.
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