10º "Traditional” SW - 8th July

News

Startups raising funds

  • Cart.com, an Austin, Texas-based provider of e-commerce enablement solutions, raised $60m in Series C funding at a $1.2b valuation from B. Riley Venture Capital, Kingfisher Investment Advisors, Snowflake Ventures, Prosperity7 Ventures and Legacy Knight. Link
  • JuliaHub, a Cambridge, Mass.-based platform for modeling, simulation and user built applications, raised $13m led by AEI HorizonX. Link
  • ShopZetu, a Kenyan fashion e-commerce startup, raised $1m in pre-seed funding led by Chui Ventures. Link
  • Unaric, a London-based Salesforce product suite, raised $10m in seed equity from LocalGlobe, Concentric, FJ Labs and Atempo Growth. It also secured $15m in debt. Link
  • Parabola, an SF-based workflow automation startup, raised $24m in Series B funding. OpenView led, and was joined by Flexport, Webflow and insiders Matrix Partners and Thrive Capital. Link
  • Memphis.dev, an Israeli event streaming startup, raised $5.5m in seed funding co-led by Angular Ventures and Boldstart Ventures. Link
  • Embat, a Spanish financial planning and treasury management company, raised €5m. Samaipata led, and was joined by 4Founders and Venture Friends. Link
  • Intelecy, a Norwegian no-code software developer, raised $3.5m. Yara led, and was joined by GC Rieber, Aidiom and Investinor. Link
  • Everytable, a Los Angeles-based subscription meal service startup, has raised a $25m Series C-2 preferred stock financing led by the Dohmen Company Foundation. Existing investors Creadev, Gullspang, Re:foods and Kaiser Permanente Ventures are also participating. Link
  • Revcast, a Raleigh, N.C.-based revenue planning platform, raised $3m in seed funding. CRV led, and was joined by Coughdrop Capital, Firsthand Alliance, IDEA Fund Partners, Lorimer Ventures and Tiferes Ventures. Link
  • Topkey, an SF-based expense management startup for property managers, raised $5.2m in seed funding led by Felicis Ventures. Link
  • Infisical, an SF-based provider of secrets and app configuration management, raised $2.8m in seed funding led by Gradient Ventures. Link
  • Formaloo, an Estonian no-code collaboration platform for building business apps, raised €2m in seed funding. Change Ventures led, and was joined by Hyde Park Venture Partners, Mana Ventures and Startup Wise Guys. Link
  • EGYM, a Munich-based connected fitness company, raised $225m in Series F funding. Affinity Partners led, and was joined by insiders Mayfair Equity Partners and Bayern Kapital. Link
  • Abound, an Indian cash-back and rewards app, raised $10m from the Times Group. Link

M&A and Private equity deals

  • General Atlantic invested around €150m into Odoo, a Belgian provider of SME productivity software. Link
  • IBM (NYSE: IBM) agreed to buy Apptio, a Bellevue, Wash.-based business management software provider, for $4.6 billion from Vista Equity Partners. Link
  • Silver Lake and CPPIB completed their $12.5b take-private buyout of Qualtrics (Nasdaq: XM), a Utah-based maker of survey and customer experience software. Qualtrics also secured a total of $1 billion in new investment from early backer Accel ($500m), BDT & MSD Partners ($250m) and DFO Management ($250m). Link

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