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NextBillion ai Adds $6 25M to its Series A from M12, Microsoft s Venture Fund - Brazil Business Today

NextBillion ai Adds $6 25M to its Series A from M12, Microsoft s Venture Fund - Brazil Business Today
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WorkBoard Raises $75M in Series D Funding

Today in European Tech: UiPath s IPO, Trendyol nabs $330 million, BlaBlaCar raises $115 million, new EU rules on use of AI, and more

- Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a capital increase. With this injection of capital, Alibaba now holds an 86.5% stake in the company. - UK fintech and pensions provider PensionBee arrived on the London Stock Exchange this morning with its shares priced at 165p, giving it a valuation of £365 million on admission. - French startup BlaBlaCar has raised a new $115 million funding round. While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace. - ATAI Life Sciences, a biopharmaceutical company aiming to make psychedelic drugs to treat mental health disorders, announced that it is planning to raise $100 million in an initial public offering. The Berlin-headquartered company, which counts billionaire investor Peter Thiel as one of its main backers, has submitted an S-1 filing to the SEC.

Israeli startup RapidAPI raises $60m

Israeli startup RapidAPI raises $60m The pandemic has pushed companies to the RapidAPI platform to advance their digital initiatives and accelerate the delivery of their software and services to the market. Israeli API platform RapidAPI announced today that it has completed a $60 million Series C financing round led by Green Bay Ventures with new investor Stripes and existing investors including Andreessen Horowitz, DNS Capital, M12 (Microsoft’s Venture Fund), Viola Growth, and Grove Ventures. This brings the total amount raised by RapidAPI to $122.5 million. The company was founded in 2015 by CEO Iddo Gino when he was 18. RapidAPI has 110 employees including 50 in Israel and plans to double its workforce over the next year.

Unicorns of 2021: CRED and Meesho latest entrants to $1B club; total number rises to 6

Unicorns of 2021: CRED and Meesho latest entrants to $1B club; total number rises to 6
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