Bird’s SPAC filing shows scooter-nomics just don’t fly

Scooter unicorn Bird is going public, per an agreement to merge with a special purpose acquisition company, or SPAC. After rumors and reports circulated for months about an imminent deal, it has finally arrived. First, a quick overview of the agreement and the players involved: Bird is merging with

Planck, the insurance data analytics platform, raises $20M growth round

"attachment_2150890" aria-describedby="" style="width: 1024px">Planck co-founders (from left to right): David Schapiro, CEO Elad Tsur and CTO Amir Cohen. Image Credits: Planck Planck, the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth

Atomized lands $500K pre-seed to help developers deploy infrastructure faster

Atomized, an early-stage startup that wants to create a modern tool to help developers deploy infrastructure faster, announced the first step of its funding journey today, a $500,000 pre-seed round from Zing Capital, Y Combinator and several unnamed angels. Company co-founder and CEO Nik Kotov says

Bird to go public via SPAC, at an implied value of $2.3B

Bird, the shared electric scooter startup that operates in more than 200 cities across three continents, said Wednesday it is going public by merging with special purpose acquisition company Switchback II with an implied valuation of $2.3 billion. The announcement confirms earlier reports, includin

Stampli raises $50 million in Series C to help companies intelligently manage invoices

This morning Stampli, a software platform that optimizes corporate invoice management, announced a $50 million Series C financing round, led by Insight Partners with participation from Signalfire and Nextworld Capital. The company launched in 2015 with the goal of simplifying the process of invoice

Collective, a back-office platform for the self-employed, raises $20M from Ashton Kutcher’s VC

With so much focus on the “creator economy”, and countries hit by the effects of the pandemic, the self-employed market is “booming”, for good or for ill. So it's not too much of a surprise that Collective, a subscription-based back-office platform for the self-employed

Amplitude acquires Iteratively

Amplitude, the well-funded product intelligence startup that helps businesses use their data to predict which features will drive the best business outcomes for them, today announced that it has acquired Iteratively, a startup that helps businesses build trustworthy data pipelines. Since data is at

Treasury Prime raises $20M to scale its banking-as-a-service biz

This morning Treasury Prime, a banking-as-a-service startup that delivers its product via APIs, announced that it has closed a $20 million Series B. The capital comes around a year since the startup announced its Series A, and around 1.5 years since it raised its preceding round. For Treasury Prime

Unmind raises $47M for a platform to provide mental health support in your workplace

Mental health has been put into the spotlight in a big way in recent times. For many of us, our lives and lifestyles have changed massively in the last year, and alongside that, we’re collectively facing pandemic-fueled mortality on a global scale in a way that hasn’t existed for genera

Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19

Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120 million. The latest funding round is led by 83North, with participation from existing investors Prime Ventures, EQT Ventur

UK fashion portal Lyst raises $85M in a ‘pre-IPO’ round at a $700M valuation

E-commerce continues to be a huge focus for investors watching consumer behavior and spending patterns in the wake of the Covid-19 pandemic. In the latest development, UK startup Lyst, a portal for high fashion brands and stores to sell directly to users, has picked up $85 million, in what the star

Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B

The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its own in the last year of lockdown living as a popular and trusted way to buy and sell things. Now one of the larger players in that system — the clothes and

Huma, which uses AI and biomarkers to monitor patients and for medical research, raises $130M

While much of the world eagerly watches to see if the vaccination rollout helps curb and eventually stamp out Covid-19, one of the companies that has been helping to manage the spread of the virus is announcing a big round of funding on the heels for strong demand for its technology. Huma, which co

Cybersecurity startup Panaseer raises $26.5M Series B led by AllegisCyber Capital

Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor Nationa