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Briefing

The Briefing: Zapp Bags $200M, Skeleton Raises $43M, And More

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Here’s what you need to know today in startup and venture news, updated by the ¸½½üÉÏÃÅ News staff throughout the day to keep you in the know.

Zapp bags $200M for speedy grocery delivery

, a U.K.-based provider of fast grocery delivery services, raised $200 million in a Series B funding round led by and .

The financing brings total funding for the 2-year-old company to around $300 million, per ¸½½üÉÏÃÅ data. Zapp plans to use the latest financing to beef up its presence in London and expand in other cities.

— Joanna Glasner

Skeleton Technologies lands $43M

, an Estonian startup focused on supercapacitor and energy storage technology, announced that it raised 37.6 million euros ($43 million) in Series D3 funding led by .

— Joanna Glasner

Public offerings

More SPACs abandon IPOs: Special-purpose acquisition companies were all the rage in 2021, as a whopping 613 blank check IPOs raised over $144 billion, . But the space is slowing down this  year, with at least 14 SPACs withdrawing their IPO paperwork, more than in all of 2021.

— Joanna Glasner

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