Funding news today
Here are some funding news updates from around the world:
Startups
- Fintech startup, Stripe, raises $600 million in funding: Stripe, a payment processing company, has raised $600 million in funding from investors including Andreessen Horowitz, Sequoia Capital, and General Catalyst. The company is valued at $35 billion. (Source: The Information)
- E-commerce startup, Instacart, raises $225 million in funding: Instacart, a grocery delivery company, has raised $225 million in funding from investors including Fidelity Management & Research Company, T. Rowe Price, and JPMorgan Chase. The company is valued at $14.7 billion. (Source: CNBC)
- Healthtech startup, Ro, raises $200 million in funding: Ro, a healthcare company that offers telemedicine services, has raised $200 million in funding from investors including General Catalyst, Thrive Capital, and 8VC. The company is valued at $5 billion. (Source: Forbes)
Venture Capital
- VC firm, Sequoia Capital, raises $1.1 billion for new fund: Sequoia Capital, a leading venture capital firm, has raised $1.1 billion for its new fund, Sequoia Capital Fund XIII. The fund will focus on investing in early-stage startups in the US and Asia. (Source: Crunchbase)
- VC firm, Andreessen Horowitz, raises $2.7 billion for new fund: Andreessen Horowitz, a leading venture capital firm, has raised $2.7 billion for its new fund, Andreessen Horowitz Fund VII. The fund will focus on investing in early-stage startups in the US and Asia. (Source: The Information)
IPOs
- DoorDash files for IPO: DoorDash, a food delivery company, has filed for an initial public offering (IPO) with the US Securities and Exchange Commission. The company is seeking to raise up to $2.5 billion in the IPO. (Source: Bloomberg)
- Snowflake files for IPO: Snowflake, a cloud-based data warehousing company, has filed for an IPO with the US Securities and Exchange Commission. The company is seeking to raise up to $100 million in the IPO. (Source: CNBC)
Other Funding News
- Google invests $1 billion in Indian digital payments company, Paytm: Google has invested $1 billion in Paytm, an Indian digital payments company, as part of a larger funding round. The investment values Paytm at $16 billion. (Source: Reuters)
- Chinese e-commerce company, JD.com, raises $2.5 billion in funding: JD.com, a Chinese e-commerce company, has raised $2.5 billion in funding from investors including Tencent Holdings and Hillhouse Capital. The company will use the funding to expand its logistics and technology capabilities. (Source: Bloomberg)
These are just a few examples of the funding news from around the world. If you're interested in staying up-to-date on the latest funding news, I recommend following reputable sources such as Crunchbase, PitchBook, and The Information.