附近上门

Venture

The 附近上门 News Briefing: Wed., Sept. 23

Illustration of CB reporters working.

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

Subscribe to the 附近上门 Daily

GOAT closes $100M Series E

, a Los Angeles-based marketplace for authentic sneakers, said it closed on a $100 million Series E round of funding that brings the 5-year-old company to $300 million in total funding raised from venture capital and strategic investors.

led the round. GOAT鈥檚 last funding raise was a led by in February 2019. Backers in previous rounds included , and .

GOAT, operating the GOAT and Flight Club brand of sneakers, has 30 million members and will use the new funds to accelerate growth across its product categories and geographies. It offers 350 brands of apparel and footwear via 13 locations in the U.S., Asia and Europe, while also shipping products to 170 international markets.

Salsify secures $155M Series E

, which provides brands with tools to track and analyze inventories, presentation and sales of goods on digital shelves, $155 million in a Series E round of financing led by .

The round brings total financing for 8-year-old Salsify to more than $250 million, per 附近上门 data.

The new investment for Boston-based Salsify comes as brands are increasingly looking for ways to improve online sales, particularly as traffic to brick-and-mortar stores remains down amid the COVID-19 pandemic.

Longitude Capital raises largest fund to date to invest in healthtech

said Wednesday that it has closed on its fourth fund, a $585 million investment vehicle that it will use to invest in biotech, medical technology and other health tech companies. The fund is its largest to date, it said.

鈥淲e are in the golden era of medical and biological innovation. The significant unmet clinical needs and the inefficiencies of our current healthcare system are driving meaningful scientific breakthroughs and creative solutions,鈥 Longitude Capital co-founder and Managing Director said in a statement.

The Menlo Park, California-based VC firm noted that since its inception in 2006, it has raised nearly $2 billion in cumulative capital and seen more than 30 of its portfolio companies exit via IPOs or acquisitions. Its portfolio company IPOs include ; , which recently agreed to be acquired by ; ;听听 ; ; ; and . It also invested in , which was acquired by , and , acquired by .

Funding rounds

  • Nutcracker raises $60M for ACORN platform: announced a $60 million Series B round of funding to further develop its ACORN platform, a first-of-its-kind, computer-controlled RNA manufacturing system that produces treatments on single-use biochips. The round was led by with participation from a group of investors including .
  • Common lands $50M: , a residential brand and operating platform, has raised $50 million in a Series D round led by . The company will use the funding to grow its residential platform globally. Common expects to have more than 6,000 units under management by the end of the year.
  • Uncapped raises $26M for revenue-based financing: , a provider of revenue-based financing with a focus on听 European startup founders, has in a new round led by .
  • Freeletics secures $25M: AI-powered fitness coaching app closed on a $25 million Series B funding round led by and , with support from . The new funds give Freeletics $70 million in total funding, according to 附近上门 data, and will be used to develop new technologies and business verticals, as well as expand internationally.
  • daring raises $8M to make clean plant-based chicken: , a startup that is making faux chicken products from plants, announced the closing of its $8 million Series A funding round that will be used for growth through marketing, innovation and staffing. The round was led by, with participation from,,, and.
  • Leaf inks $2M for digital agriculture technology: , a food and agriculture data infrastructure company, said it raised a $2 million seed round led by, with participation from and existing investor, to scale its data integration tools, grow the team, expand its integration network, and further engage international markets.

Other news

  • Ant moves closer to IPO: China-based online payments platform submitted documents for registration of the Shanghai portion of its initial public offering, moving a step closer to a expected to be worth about $35 billion. The company plans to list simultaneously on Shanghai’s Nasdaq-style STAR Market and in Hong Kong in an offering that could come as early as October.

Illustration:

Correction: An earlier version of the Briefing provided incorrect information about Salsify’s latest funding round. It was a Series E raise, not a Series B.

Stay up to date with recent funding rounds, acquisitions, and more with the 附近上门 Daily.

67.1K Followers

CTA

Discover and act on private market opportunities with predictive company intelligence.

Copy link