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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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GetYourGuide lands $133M note

Germany’s , an online platform for booking tours and travel activities, that it raised €114 million ($133 million) in a convertible note financing.

led the financing round, joined by a consortium of GetYourGuide’s existing investors.

The company said it is anticipating sharp growth in business in 2021 and 2022, based on forecasts for a double-digit rebound for global tourism after the pandemic resolves, traveler confidence increases, and pent-up demand is unlocked.

Founded in 2009, GetYourGuide says it has extended offerings to travelers from over 170 countries, who have booked more than 45 million tours, activities and attraction tickets through its platform to date.

Q32 raises $60M Series B to fight autoimmune diseases

, a biotech startup working on treatments for autoimmune and inflammatory diseases, on Thursday announced the close of a $60 million Series B funding led by and and said it has started Phase 1 clinical trials of its ADX-914 antibody.

The latest funding comes about five months after Cambridge, Massachusetts-based Q32 emerged from stealth with a $46 million Series A funding round.

The Series B funds will be used to support development of ADX-914, Q32 Bio said, as well as support growth of its pipeline and platform. The ADX-914 antibody was developed to re-regulate and restore healthy immune regulation in numerous autoimmune and inflammatory diseases. The company is also working on another antibody, ADX-097, to provide tissue-targeted regulation. That treatment is expected to enter clinical trials in late 2021.

Other investors in the Series B round included , , , , and . As part of the funding, of Acorn Bioventures and of OrbiMed Advisors will join the Q32 Bio board.

“The closing of our Series B financing and entry into the clinic are pivotal milestones for Q32 Bio,” Q32 Bio CEO said in a statement. “The initiation of the Phase 1 trial for ADX-914 represents an important achievement and a significant step toward bringing a powerful new treatment option to patients with autoimmune disease. We expect to continue to make major advances over the coming year as we move ADX-097 into the clinic.”

Jiko banks $40M Series A for fintech product launch

Berkeley, California-based , a fintech startup, said Thursday that it closed a $40 million Series A funding round, co-led by and ., with participation from , , and all existing investors.

The latest funding round follows on Jiko’s of Minnesota-based , for an undisclosed sum. Jiko said that deal was the first purchase ever of a regulated bank by a fintech startup.

The startup, which is part of Jiko Group Inc., a Federal Reserve-regulated bank holding company, said its latest funding will be used for growth and to develop a new consumer finance product. The startup has now raised $47.7 million to date, including equity and debt.

“Money storage is what makes Jiko different from any existing bank or fintech,” the startup said in an announcement of its Series A funding. “Instead of opaquely investing or lending customer deposits, the money in a Jiko account is automatically invested in liquid US government-backed securities, and users receive 100% of the yield. Jiko’s distributed core technology powers this transparent model and allows for cutting-edge banking features in the mobile app. These features allow for added safety with tokenized accounts and card numbers, help maximize earnings with an all-in-one account, offer cashback rewards on all purchases, and much more to come.”

The company said it has more than 50,000 people on its waitlist ahead of launching its product.

Fundings

• Pulumi raises $37.5M for cloud engineering: , a Seattle-based cloud engineering startup, said it has secured $37.5million in Series B funding in a round led by with participation from and . The company said it will use the new funds to accelerate its R&D and sales and marketing efforts. Along with the funding, NEA partner will join S. Somasegar, managing director of Madrona Venture Group and , managing director of Tola Capital, on Pulumi’s board of directors.

• Voltus plugs into $25M for energy resources platform: Distributed energy resources platform said Thursday that it has raised $25 million in Series B funding. The round was led by  and included existing investors and . Voltus said the latest funding infusion will be used to hire and to develop new products.

• Human API raises $20M+ for health platform: , a startup with a platform that lets consumers share electronic health data with companies they trust in real time, said it has raised more than $20 million in a Series C funding round. Investors in the round include , , and . Also joining the round were , and .

• Funding U lands $14M for student loans: , a fintech startup that provides high-performing, underrepresented college students with loans, said it has closed a $14 million debt and equity round of funding. It has also added to its roster of credit providers, with a $10 million line of credit. Investors in the $4 million equity portion of the funding include , , , and . Funding U said the proceeds from the raise will be used to scale its operations and lending. While traditional banking lenders rely on parents’ credit scores to make student loan decisions, Funding U says its lending platform uses AI and earnings data to assist student borrowers whose parents can’t or don’t wish to co-sign a loan.

• Donut raises $12M for to foster connections in the workplace: , a New York City-based platform that aims to better connect employees in the workplace, said Thursday that it’s raised $12 million in funding led by , with participation from , , , and founders from , InVision and Codecademy. The startup aims to create more human connections in the workplace by making employee introductions via workplace collaboration tool Slack.

• Slingshot Aerospace raises $8M for situational awareness technology: , a startup working on situational awareness technology, said it has raised $8 million in Series A funds in a round led by . Other investors included ’s , and . Angel investors that participated in the round include , the former CEO of the and current principal consultant for Plum Run; and , co-founders of ; and Glenn Degenaars.

• Priori Legal gets $6.3M to link companies, lawyers: said this week that it raised $6.3 million in Series A funding for its legal talent marketplace. The startup helps companies hire outside legal counsel. Its Series A funding comes from , which the startup noted is also a Priori customer, as well as , Jambhala, , , ’s Legal Technology Fund, and , former general counsel of .

• Atmos lands $4M for custom homebuilding: , a startup to come out of the most recent batch, raised $4 million in a round led by, according to Forbes. Other investors in the round include and a group of TikTok stars. Atmos makes it easier for people to build custom homes and is operational in Raleigh-Durham and Charlotte, per .

• Hip eCommerce collects $5.33M for collectibles marketplaces: , the Raleigh, North Carolina-based startup behind online marketplaces to connect buyers and sellers of collectibles such as stamps, comic books and postcards, said Thursday that it has raised $5.33 million in a Series A round led by . Hip eCommerce said it will use the latest capital infusion to accelerate its product roadmap and build new features. The company operates the websites , and .

• Agrofy raises $3M for agricultural marketplace: , an Argentina-based agricultural marketplace, said this week that it has raised $3 million in Series B funding from Brazil’s and U.S.-based investor . Agrofy currently operates in Brazil, Argentina and other Latin American countries, but says it plans to enter the U.S. market sometime in the next few years.

• Shotcall scores $2.2M seed round for interactive gaming: , an Atlanta-based global interactive gaming platform and marketplace, said it has raised a $2.2 million seed round led by and and closed by . Shotcall says its platform offers an ecosystem for gamers, creators, celebrities and influencers to better engage with their fans and communities over popular games such as League of Legends, Fortnite and Call of Duty Warzone.

• Assurely closes seed round for insuretech: , an Austin-based insurtech, said it closed a seed round led by , bringing its total funding to $3.7 million.

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