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Thrasio Holdings raises $1B Series D

Boston-based announced the initial closing of a $1 billion Series D. The round was led by alongside existing investor —which remains Thrasio’s largest shareholder.

Other existing investors , funds managed by , and also participated.

Founded in 2018, Thrasio buys and scales third-party merchants selling on and other marketplaces. The company has now raised $3.4 billion.

— Chris Metinko

Berlin’s TIER raises $200M for micromobility

Berlin-based e-scooter company raised $200 million in a Series D funding round led by 2 and .

Launched in 2018, TIER says that to date it has deployed 135,000 e-scooters, e-bikes and e-mopeds across 150 cities in 16 countries. The company plans to use the new funds for acquisitions and investments, as well as expanding its international coverage and building up its fleet in Europe and the Middle East.

With a $2 billion valuation, TIER has raised a total of $660 million in equity and debt funding to date.

— Joanna Glasner

E-commerce

Allbirds sets terms for IPO: Sustainable footwear brand plans to raise around $250 million in its upcoming initial public offering, with a proposed share price range of $12 to $14, according to a new securities filing. Founded in 2015, the San Francisco-based company booked $244 million in sales for the 12 months ended June 30, 2021.

— Joanna Glasner

Edtech

Teachmint raises $78M: Bangalore-based , a startup that helps teachers build virtual classrooms, raised $78 million in a Series B funding round led by and .

— Joanna Glasner

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