MobileCoin closes on $66 million in equity in Series B round

MobileCoin, a cryptocurrency business that counts founder Moxie Marlinspike of the encrypting messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors, including Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, Marc Benioff’s TIME Ventures, Vy Capital, and earlier backers General Catalyst and […]

Apeel bites into another $250M funding round, at a $2B valuation, to accelerate fresh food supply chains

Apeel developed a plant-based layer for the surface of fruits and vegetables, that is tasteless and odorless, and keeps moisture in, while letting oxygen out.

Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm

We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all that goes with it) — […]

South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By the way, Danggeun means carrot in Korean.) This round of funding was led by DST Global, with additional participation from Aspex Management, Reverent Partners […]

Maven’s comprehensive approach to women’s health earns it unicorn status

For Kate Ryder, the founder of women’s health clinic and benefits platform Maven, business is personal. During the first year of building her company, Ryder experienced a miscarriage. Maven began offering support for pregnancy loss and high-risk care management as the founder herself waded through the emotions and confusion of it. Ryder was then a […]

Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise

Just five months after raising $90 million, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. The financing values Nuvemshop — which some say is Latin America’s answer to Shopify — at $3.1 billion, and brings the São Paulo-based startup’s total funding in the […]

InfoSum raises $65M Series B as organizations embrace secure data sharing

InfoSum, a London-based startup that provides a decentralized platform for secure data sharing between organizations, has secured a $65 million Series B funding round led by Chrysalis Investments. The investment comes less than a year after InfoSum closed a $15.1 million Series A round co-led by Upfront Ventures and IA Ventures. Since, the data privacy […]

Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers

Branch, which has built a flexible workforce payments platform, announced today it has raised $48 million in Series B funding and closed on a $500 million credit facility. Lee Fixel’s Addition –– which has also backed the likes of Flipkart, Stripe and Coinbase – led the equity financing while the credit facility was secured in […]