Let's have a look at the notable closed funding rounds as of 15.02.23
We are sure we did not cover many startups worth sharing, feel free to add more in the comment section below!
Biggest mentions
Boston-based Bain Capital has raised $2.4B to invest in late-stage startups.
The firm will focus on cybersecurity, healthcare IT, and fintech.
Mineralys therapeutics has raised $192M in its IPO to develop therapies for diseases caused by elevated aldosterone, such as hypertension. The company is listed on the Nasdaq Global Select Market at $16 per share.
NatWest Group has acquired 85% of U.K.-based fintech and pension investment company Cushon for $175M. The deal is currently pending regulatory approval.
Merchant Money has raised a $140M funding round to provide funding to SMEs in the U.K.
Barclays Bank led the funding round.
The European Investment Bank announced a €3.57B ($4.02B) fund of funds in partnership with five European nations to back technology startups in the region. The initiative, dubbed European Tech Champions Initiative (ETCI), received €1B ($1B) capital each from Spain, Germany, and France. Italy and Belgium contributed €150M ($161M) and €100M ($107M), respectively.
InsuranceDekho secured $150M in Series A funding, the largest round to date for an Indian insurance technology startup. Goldman Sachs Asset Management co-led the equity and debt funding round along with TVS Capital Funds. The firm intends to use the proceeds to accelerate product development, enter new markets, scale business, and back strategic acquisitions as it gears up to expand its reach in rural areas of India.
Singaporean B2B neobank Aspire secured $100M in Series C funding led by Lightspeed and Sequoia Capital SEA. The firm aims to use the funds to back its expansion across Southeast Asia by backing product development and growing its headcount.
Switzerland-based digital asset infrastructure startup Taurus secured $65M in Series B funding led by Credit Suisse. Taurus will expand its team size and open new offices in Paris and Dubai with the incoming funds.
Transportation
- VIA (New York), offers micro-transit, paratransit, corporate shuttles, and other transportation services: $110M Growth led by 35 North.
- Tallinn-based e-bike maker Ampler has announced in a joint press conference with Kõu Mobility Group that the two are joining forces to, “strengthen their position in the micromobility industry and to continue making emotive zero-emission commuting accessible for everyone.”
Fintech
- Taurus (Switzerland), provides a digital infrastructure for financial institutions in Europe: $65M B led by Credit Suisse with participation from Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis.
- Omnio (U.K.), a cloud-based banking-as-a-service company: $12.9M Growth led by Opentech.
- Landytech (U.K.), provides an investment reporting platform: $12M B led by Aquiline Technology Growth with participation from Adelie Capital.
- kennek (U.K.), offers an operating system that enables lenders and loan investors to streamline their operations and operate cost-efficiently.-based: $4.5M Pre-Seed led by Dutch Founders Fund, ffVC, and Plug and Play Ventures
Venture Capital
- Ocean 14 Capital (U.K.), an impact fund that invests in businesses that use ocean resources: $32M Growth led by Ingka Investments.
Energy
- Complete Solaria (California), a solar technology, services, and installation company: $10M Growth led by Foris Ventures.
Agtech
- Croptimistic (Canada), aims to help farmers become more efficient through software products: $9.1M B led by Forage Capital Partners.
Insurtech
- Curacel (Nigeria), offers cloud-based tools for insurance companies in Africa: $3M Seed led by Tencent, Elefund, Blue Point Capital Partners, Pioneer Fund, Olive Tree Capital, and Y Combinator.
