Rokk3r acquires AdMobilize and Matrix Labs for $19.5M

Miami-based AdMobilize and its spin-off, Matrix Labs, announced this morning that they are being acquired for $19.5 million. The buyer is Rokk3r, a Miami-based holding company that invests in creating, acquiring and integrating companies. AdMobilize quantifies digital advertising in the physical wo

Codecademy eyes the enterprise with $40 million in new capital

After going over four years without raising any capital, coding class platform Codecademy has raised a new tranche of money: a $40 million Series D round led by Owl Ventures, with participation from Prosus and Union Square Ventures. The startup is the latest edtech business to bring on capital afte

Y Combinator company Axle Health is bringing on-demand home testing services to telehealth providers

While usage of telehealth services has surged during the COVID-19 epidemic, there are some times when health professionals need to be around in person to conduct diagnostics tests. Axle Health, a company currently enrolled in the latest cohort from the Y Combinator accelerator, can help those teleh

Plume picks up $270M at a $1.35B valuation to power smart home Wi-Fi for broadband providers

The last year of life under a global health pandemic has seen a massive surge of people working from home — a shift that has thrown a stark light on the iffy quality of our broadband networks. Today a startup called Plume — which has built a mesh-Wi-Fi platform that helps optimize broad

Anuvia raises $103 million to commercialize its novel fertilizer

Anuvia Plant Nutrients has raised $103 million to commercialize its novel fertilizer technology. The company, backed by investors like TPG ART, Pontifax Global Food and Agriculture Technology Fund, Generate Capital and Piva Capital, is now ready to roll out its tech, which is already used on rough

IronSource acquires video and playable ad platform Luna Labs

Mobile advertising company ironSource is announcing its second acquisition of the year — Luna Labs, a startup that’s built a platform allowing app developers to create and manage video and playable ads. When I first wrote about the startup in 2019, its main selling point was the ability to

Better Origin, which turns flies into food for chickens, raises $3M from… Fly Ventures

It turns out, where there are flies, there’s brass. Better Origin is a startup that converts waste food into essential nutrients using insects fed to chickens inside a standard shipping container. It's now raised a $3 million seed round led by Fly Ventures and solar entrepreneur Nick Boyl

South African digital bank TymeBank lands $109M from UK and Philippines investors

The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. This time, a startup from Africa has joined the party. Tym

ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options

ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. Headquartered in Singapore, with operations in Indonesia and the Philippines, the startup announced today it has raised a $5 million Series A, co-led by Monk's Hill Ventures and Qua

2150 launches with $240M fund to reduce the carbon footprint of the world’s growing cities

A new VC fund, 2150, is launching with the first close of a €200 million ($240 million) fund which will back technologies aimed largely at reducing the carbon footprint of cities. For example, startups that inject carbon into concrete, or monitor the energy of buildings. The final close is antici

Katana raises $11M Series A to be the SaaS powering ‘manufacturing entrepreneurs’

Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding. Leading the round is European venture capital firm Atomico, with participation from angel investors Ott Kaukver (Checkout.com CTO), Ste

Lucid Motors strikes SPAC deal to go public with $24 billion valuation

Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp., in the largest deal yet between a blank-check company and an electric vehicle startup. The combined company, in which Saudi Arabia’s sove

India’s Zomato valued at $5.4 billion in new $250 million investment

Zomato has raised $250 million, two months after closing a $660 million Series J financing round, as the Indian food delivery startup builds a war-chest ahead of its IPO later this year. Kora (which contributed $115 million), Fidelity ($55 million), Tiger Global ($50 million), Bow Wave ($20 million

EquityBee raises $20M to help startup employees actually afford their stock options

"speakable-summary" dir="ltr">EquityBee, a stock option marketplace startup, has raised $20 million in a Series A round of funding. Group 11 led the financing, which also included participation from Oren Zeev Ventures, Battery Ventures and ICON Continuity Fund. It brings the company's total rais