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Briefing

The Briefing: Pattern Sews Up $225M, Huboo Lands $82M, 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.

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E-commerce accelerator Pattern sews up $225M

Lehi, Utah-based , provider of an accelerator platform for brands to scale faster on major online marketplaces, raised $225 million in funding from growth investor .

Founded in 2013, Pattern says it is profitable, with a current operation of more than 900 employees across 18 countries supporting more than 100 global brands. The company works with brands listing on marketplaces including , , , , Tmall, JD and .

— Joanna Glasner

Huboo lands $82M

Bristol, U.K.-based , a provider of fulfillment services for e-commerce sellers, raised £60 million ($82 million) in a Series B round led by . The 4-year-old company, which saw revenue climb 10x in 2020, said it plans to use the funds to expand across continental Europe.

— Joanna Glasner

Artificial intelligence

Aquant picks up $70M: New York-based , a provider of AI-enabled software for service industry teams, announced that it has raised $70 million in a Series C funding round led by , and . The financing brings total funding to date for the 5-year-old company to $110 million.

— Joanna Glasner

Data analytics

NeuroBlade secures $83M: Israel-based raised an $83 million Series B funding led by . The company, which has developed a data analytics architecture that helps eliminate data bottlenecks, has now raised a total of $110 million.  The new money will be used to expand the company’s engineering teams and build out its sales and marketing teams. 

— Chris Metinko

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