Forum Brands secures $100M in debt financing to acquire more e-commerce brands
Forum Brands, an e-commerce acquisition platform, announced today that it has secured $100 million in debt funding from TriplePoint Capital.
The financing comes just over two months after the startup raised $27 million in an equity funding round led by Norwest Venture Partners.
Bren
Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo
Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million.
Blueprint Title raises $16M Series B to grow its title-focused insurtech business
Blueprint Title, an insurtech startup working in the title insurance space, announced this morning that it closed a $16 million Series B. The new round was led by Forté Ventures. The startup previously raised an $8.5 million Series A in the final weeks of 2019.
While Blueprint is an insurtech star
Cox Automotive acquires battery health company Spiers as ‘EVs take center stage’
Cox Automotive is getting into the electric vehicle battery lifecycle business.
The company said Wednesday it acquired Oklahoma City-based Spiers New Technologies (SNT), a business that provides repair, remanufacturing, refurbishing and repurposing services for EV battery packs.
The
Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market
Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding.
Anthemis and 500 Startups co-led the investment, which included participation from ALLVP and Expa. Previously, Flat.mx had raised a total of $10 million in equity an
Dear Sophie: How can I present a strong O-1A or EB-1A application?
Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says
Anima, a no-code tool that turns designs into code, raises $10 million Series A
Anima, the YC-backed platform that turns designs into code, has today announced the close of a $10 million Series A financing. The round was led by MizMaa Ventures with participation from INcapital and Hetz Ventures.
We’ve been following Anima, which was bootstrapped until last year, for a wh
Vista Equity to acquire majority stake in SaaS startup Drift, taking it to unicorn status
Private equity firm Vista Equity Partners announced today that it is taking a majority stake in Drift, a company which aims to be the Amazon of businesses, with a “growth investment” that propels the venture-backed startup to unicorn status.
Unfortunately, neither party would disclose the a
General Catalyst, Abstract back Wanderlog's $1.5M round for collaborative travel
Twin brothers Harry Yu and Peter Xu grew up traveling all over, an aspect of their lives that continued even into their careers. What they didn't enjoy was figuring out all the logistics, which has become more difficult during the pandemic: vacations that could be taken quickly now require more
‘Knowledge-as-a-service’ platform Lynk lands funding from UBS' Investment Bank
Lynk, the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added to its previously announced Series B $5 million raised from UBS' Investment Bank division. This brings the round's new total to $29 million.
The strategic investment marks the first
Carbon Robotics secures $27M for its autonomous field weeders
Agricultural robotics firm Carbon Robotics (not to be confused with our former Battlefield contestant) announced this week that it has secured $27 million in funding. The round — which features Anthos Capital, Ignition Capital, FUSE and Voyager Capital — follows an $8.4 million Series A
LastPad is a reusable menstrual pad that does away with disposable towels
Direct to consumer online sales have helped a number of female-focused startups get products to market in recent years — often pitching better designed and generally more thoughtful feminine hygiene products than mainstream staples.
The lack of innovation in the mainstream market for feminine
Danish startup Responsibly raises $2M to benchmark supply chains on climate, diversity
If the world is to reach net zero, and avoid climate disaster, it needs to make every product sustainable, and that means every purchase. But to do that you need a lot more transparency, so that means more data on suppliers to improve sourcing and benchmarking companies. While companies are often d
‘Autonomous accounting’ platform Vic.ai raises $50M round led by ICONIQ Growth
Vic.ai, a startup that has built an AI-based platform it claims can “automate” enterprise accounting, has raised a $50 million Series B round led by ICONIQ Growth, with participation from existing investors GGV Capital, Cowboy Ventures and Costanoa Ventures, bringing total capital raise