¸½½üÉÏÃÅ

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.

Subscribe to the ¸½½üÉÏÃÅ Daily

Visa buying Currencycloud at $962M valuation

announced that it will acquire London-based , a global platform for banks and fintechs to provide cross-border payments, in a deal that values the company at £700 million ($962 million).

Currencycloud’s cloud-based platform offers a set of APIs enabling banks and financial services providers to offer currency exchange services, including real-time notifications on foreign exchange transactions, multi-currency wallets, and virtual account management.

Founded in 2012, Currencycloud previously raised at least $160 million in known funding, per ¸½½üÉÏÃÅ data. Visa was the lead investor in its last round, an $80 million Series E in January 2020.

Couchbase raises $200M in upsized IPO

, a provider of NoSQL database technology for application developers, raised $200 million in its IPO, setting an initial valuation of around $1.2 billion. The company priced shares at $24 each, above the projected range of $20 to $23.

Enterprise tech

• YOOBIC raises $50M for digital workplaces: , developer of a digital workplace for frontline teams, closed a $50 million Series C funding round led by . The round brings total funding to date to $80 million for YOOBIC, which markets its technology for retail workers, restaurant staff, fieldworkers and other types of frontline employees.

— Joanna Glasner

Health tech

• Woebot Health raises $90M for AI-powered mental health bot: , a San Francisco-based mental health startup, raised $90 million in Series B funding co-led by existing investors Ìý²¹²Ô»åÌý with participation from funds and accounts managed by ²¹²Ô»åÌý. Other investors included ,Ìý,Ìý,Ìý,ÌýÌý²¹²Ô»åÌý. Woebot operates an AI-powered mental health platform and claims its technology facilitates “a human-level therapeutic bond with users.”

Enterprise software

Interos hits unicorn valuation: Arlington, Virginia-based reached a $1 billion valuation after its $100 million raise led by , with and also participating. Intereos helps companies manage risk and continuously monitor their supply chain and business relationships to avoid disruptions. The company reported a compound annual growth rate of 303 percent in the last two years

Founded in 2005, Interos has raised nearly $130 million to date, according to ¸½½üÉÏÃÅ data.

— Chris Metinko

Illustration: