Venture Financings Pick Right Back Up, Acquisitions Proceed As Planned In An Effective 3-Day Week

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Much needed weekend, indeed. Trust you have caught your breath after transferring deposits (and, in some cases, transferring them back). This week was full of Financing and M&A action.

Here is how it all played out.

John

??Last Week’s Most Popular Link??

??Datalogz, a Business Intelligence (BI) Ops platform bridging the gap between BI and analytics, closed a $2.3 million Seed round of funding led by Squadra Ventures, with participation by Berkeley SkyDeck, Trajectory Capital Partners and Mana Ventures. (More in MarTech Series)

?? M&A ??

??Via, a New York, NY-based on-demand shuttle service and transit tech company that recently raised $110 million at a $3.5 billion valuation in a round led by 83North, with participation from Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures and ION Crossover Partners, acquired Citymapper, a London, U.K.-based startup that produces a popular urban mapping App and had raised ~$60 million from investors including Index Ventures and Balderton, at an undisclosed valuation. (More in TechCrunch)

??BlaBlaCar, a Paris, France-based long-distance carpooling company that had raised ~$580 million from investors like VNV Global, Otiva J/F AB and FMZ Ventures, acquired Klaxit, a Paris, France-based carpooling service for daily commutes that had raised ~$5.3 million from investors like RATP Group and Sodexo Ventures. (More in TechCrunch)

???Grafana Labs, a New York, NY-based company building open source software for visualizing operational data that had raised $540 million from investors including J.P. Morgan, Sequoia Capital, Coatue, Lightspeed Venture Partners and Lead Edge Capital, acquired Pyroscope, a company building open source continuous profiling software. (More in TechCrunch)

??FairMoney, a Paris, France-based credit-led digital banking platform that had raised over $50 million from investors including Tiger Global, DST Partners, Flourish Ventures, Newfund and Speedinvest, acquired PayForce (sub-brand of YC-backed CrowdForce, a San Francisco, CA-based offline data and financial services distribution network for emerging markets that had raised ~$4 million from investors including Aruwa Capital Management, HAVAíC and AAIC), in a “cash-and-stock transaction in the range of $15 to $20 million”. (More in TechCrunch)

???Automattic, a San Francisco, CA-based company behind WordPress.com, Tumblr and other web publishing tools, acquired ActivityPub for WordPress plugin. (More in TechCrunch)

?? Sourcing Ideas ??

(Companies that had raises reported ~1 year ago, on or around Mar 18, 2022)

????Dorian, a San Francisco, CA-based women-first game platform for creators, streamers and players, raised $14 million in a Series A funding round led by Raine Group, with participation from March Gaming, London Venture Partners, VGames, Gaingels and Graham & Walker. (More in FinSMEs)

??Modern Intelligence, an Austin, TX-based AI startup focused on the defense sector, raised $5 million in a Seed funding round led by Bedrock, with participation from Vine Ventures, Air Street Capital and Contrary Capital. (More in FinSMEs)

??Liveblocks, a Wilmington, DE-based real-time collaboration API startup, raised $5 million in a Seed funding round led by Boldstart, with participation from Atlassian, Kima Ventures and Seedcamp. (More in TechCrunch)

?? VC Deals ??

??Prescient AI, a Miami, FL-based marketing attribution platform for DTC brands, raised $4.5 million in a Seed funding round led by Blumberg Capital, with participation from CEAS Investments and Darling Ventures. (More in Accesswire)

??Nimble Robotics, a San Francisco, CA-based autonomous logistics and AI robotics startup, raised $65 million in a Series B funding round led by Cedar Pine, with participation from insiders DNS Capital, GSR Ventures and Breyer Capital, bringing its total funding to ~$110 million. (More in TechCrunch)

??Andes, an Alameda, CA-based ClimateTech startup, raised $30 million in a Series A funding round, with participation from Leaps by Bayer, Cavallo Ventures and Germin8, bringing total funding to $38 million. (More in Crunchbase News)

??SpectrumAi, a Los Angeles, CA-based company developing solutions to improve autism care, raised $20 million in a Series A funding round led by CVS Health Ventures, with participation from Cobalt Ventures, F-Prime, Frist Cressey and Autism Impact Fund. (More in MobiHealthNews)

??Engrain, a Denver, CO-based provider of interactive mapping technology and data visualization software for the built environment, raised $12 million in a Series A funding round led by RET Ventures. (More in FinSMEs)

??Trala, a Chicago, IL-based tech-enabled online music school, raised $8 million in a Series A funding round led by Seven Seven Six, with participation from Lachy Groom Fund, Altman Capital, Next Play Ventures, and Concrete Rose Ventures, bringing total funding to $15 million. (More in FinSMEs)

??Zed Industries, a San Francisco, CA-based creator of a multiplayer code editor, raised $10 million in a Series A funding round led by Redpoint Ventures, with participation from Root Ventures and a number of angel investors, bringing total funding raised to date to $12.5 million. (More in TechCrunch)

???OpenLoop, a Des Moines, IA-based provider of white-label telehealth support services, raised $15 million in a Series A funding round led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, as well as existing investors SpringTide Ventures and ManchesterStory. (More in FinSMEs)

??Cast AI, a Miami, FL-based cloud-native automation and cost management startup, raised $20 million in a funding round led by Creandum. (More in TechCrunch)

??Wingspan, a New York, NY-based provider of a payroll platform purpose-built for flexible workforces, raised $14 million in a Series A funding round led by Andreessen Horowitz, with participation from Distributed Ventures, Long Journey Ventures, Ludlow Ventures and 186 Ventures, bringing total capital raised to $23.5 million. (More in TechCrunch)

??Fairmatic, a New York, NY-based AI-powered commercial fleet insurance company, raised $46 million in a funding round led by Battery Ventures, with participation from current investors and Bridge Bank, bringing its total financing to $88 million. (More in TechCrunch)

??Seldon, a London, U.K.-based machine learning operations (MLOps) platform provider, raised $20 million in a Series B funding round led by new investor Bright Pixel, with participation from existing investors AlbionVC, Cambridge Innovation Capital and Amadeus Capital Partners. (More in TechCrunch)

??Deeploi, a Berlin, Germany-based startup that is building an IT-as-a-Service platform, raised a $3.2 million Seed funding round led by Cherry Ventures, with participation from a group of angels. (More in TechCrunch)

????Fount, a Culver City, CA-based health and performance advisor, raised $12 million in a Series A funding led by Amity Ventures, with participation from Elysian Park Ventures, Not Boring Capital, Allen & Co. and Champion Hill Ventures. (More in Fitt Insider)

??Adept, a San Francisco, CA-based startup building AI that “enables humans and computers to work together creatively to solve problems,” raised $350 million at a valuation of “at least” $1 billion, in a Series B funding round co-led by General Catalyst and Spark Capital, with participation from Addition, Greylock, Atlassian Ventures, Microsoft, Nvidia, Workday Ventures, Caterina Fake, Frontiers Capital, PSP Growth, SV Angel and A.Capital. (More in Forbes)

??Maribel Health, a Hanover, NH-based partner for health systems looking to design, build, and operate home and community services, raised $25 million in a Series A funding round led by General Catalyst. (More in MobiHealthNews)

??Soul Wallet, a San Jose, CA-based startup offering an online, self-custodial Ethereum wallet, raised $3 million in a Seed funding round with participation from Struck Crypto, Game7DAO, NGC Ventures, Dispersion Capital, Alchemy, Ankr and Signum Capital. (More in TechCrunch)

??Verity, a Zurich, Switzerland-based provider of a commercial inventory tracking solution powered by autonomous indoor drones, raised $32 million in a Series B funding round led by A.P. Moller Holding, with participation from Exor Ventures, as well as other existing and new investors. (More in TechCrunch)

??Clever Care Health Plan, a Huntington Beach, CA-based company that delivers a culturally sensitive approach to overall care to scale up Medicare Advantage plans integrating Eastern and Western medicine, raised a $41 million series C funding round led by GV (Google Ventures), with participation from new investor Point32Health, as well as existing investors Norwest Venture Partners, Health Velocity Capital, Prudential Ventures, Brighton Health Partners, Windham Venture Partners, Figure 8 Investments and AV8. (More in Fierce Healthcare)

??Solarcycle, an Oakland, CA-based tech-driven recycling company, raised $30 million in a Series A funding round, led by Fifth Wall and HG Ventures, with participation from Prologis Ventures, as well as existing investors Urban Innovation Fund and Closed Loop Partners, bringing total funding to $37 million. (More in FinSMEs)

??Medwing, a Berlin, Germany-based digital HR management platform for healthcare, raised $47 in a Series C funding round led by Hambro Perks, with participation from Quadrille Capital, Cathay Innovation, Northzone, Cherry Ventures and Atlantic Labs, bringing the total amount raised to ~$78 million. (More in TechCrunch)

??Mayan, a Las Vegas, NV-based company which builds optimization and automation technology for Amazon sellers, raised $5 million in a Series A funding round led by Bright Pixel. (More in FinSMEs)

??HealthPlix, a Bangalore, India-based startup that helps doctors digitize their practice with an AI-powered EMR platform, raised $22 million in a Series C funding round led by Avataar Venture Partners and SIG Venture Capital, with participation from its existing investors, including Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, Chiratae Ventures and Blacksoil Capital. (More in TechCrunch)

??Alex, a decentralized Bitcoin exchange startup, raised $2.5 million from Trust Machines, Gossamer Capital and other investors, bringing the total raised over $8 million. (More in CoinMarketCap)

??Pitchly, a San Francisco, CA-based no-code enterprise data productivity suite, raised $7 million in a Series A funding round led by Homegrown Capital, with participation from Launch Fund & Syndicate, Next Level Ventures, ISA Ventures, Great North Ventures, M25 and Cabra.vc. (More in FinSMEs)

??Elate, an Indianapolis, IN-based provider of cloud-based strategic planning software, raised $4.9 million in a Series A funding round led by WestWave Capital, with participation from The Pritzker Group Venture Capital, Hyde Park Angels (HPA) and Capital Midwest Fund. (More in FinSMEs)

??Mitiga, a New York, NY-based cloud security firm offering a subscription-based service to help companies prepare for cloud and software-as-a-service (SaaS) attacks, raised $45 million in a Series A financing round led by ClearSky Security, with participation from Samsung Next, Blackstone, Atlantic Bridge and DNX. (More in TechCrunch)

??DressX, a Los Angeles, CA-based fashion multi-brand store of digital collections from brands and 3D designers, raised $15 million in a Series A round of financing led by Greenfield, with participation from Slow Ventures, Warner Music, The Artemis Fund, Red Dao and other investors. (More in VentureBeat)

??Tilia, a San Francisco, CA-based payments platform for all-in-one payment platform for digital economies, raised $22 million in a funding round led by Dunamu. (More in Finovate)

??Captain Experiences, an Austin, TX-based platform for booking outdoor sports guides, raised $2 million in a funding round led by Bullish, with participation from TechNexus Venture Collaborative, Cartograph Ventures, Carnrite Ventures, Victorum Capital, Riverside Ventures and Mana Ventures. (More in FinSMEs)

??Evergreen Theragnostics, a Springfield, NJ-based clinical stage contract development and manufacturing organization (CDMO), raised $15 million in a Series B funding round from undisclosed financial backers. (More in FinSMEs)

??Jungle, a S?o Paulo, Brazil-based web3 gaming publisher, raised $6 million in a financing round co-led by Bitkraft and Framework Ventures, with participation from Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros, 32bit Ventures, Stateless Ventures, Snackclub and Norte Ventures. (More in VentureBeat)

We will be back in just 7 days with a report on how sustainable this rally is.

John

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