$500m And Above

Transmit Security transfers Citi to $543m round
The cybersecurity software developer is raising the cash at a $2.2bn pre-money valuation in a series A round that now includes Citi Ventures.
Snyk snaps up $530m
Atlassian Ventures and Salesforce Ventures have returned to back a primary and secondary series F round for the app security platform developer that included Koch Strategic Platforms.
Varo Bank cashes in with $510m round
The Progressive-backed neobank has secured the fresh funding at a reported $2.5bn valuation, seven months after it closed a $63m round.
FerroTec conducts $511m series B round
The semiconductor wafer maker intends to ramp up its production capacity with funding from investors including Yangtze Optical FC.
Analysis: Databricks lays out $1.6bn
The data analytics software producer, which counts Alphabet, Salesforce and Amazon among as backers, raised a $1.6bn series H at $38bn valuation. It is a case in point for the upward pressure in valuations of companies from this space which we have been seeing.
Databricks lays out $1.6bn in series H
Amazon Web Services, CapitalG, Salesforce Ventures and Microsoft had previously invested in the data analytics software producer, which has been valued at $38bn in its series H round.
Zeekr sees its way to $500m
Bilibili, CATL and Intel were among the investors that have backed the smart EV developer’s pre-series A round, valuing the Geely spinoff at $9bn.
PhonePe closes $700m round
Flipkart’s digital payment spinout has secured the $350m second close led by Walmart and backed by Tencent and Tiger Global, valuing it in the range of $5.5bn to $5.7bn.

Other News

Nuvemshop snags $500m
Qualcomm Ventures helped the e-commerce platform provider raise a series E round which took its overall funding to over $620m.
Chime hits $25bn valuation in $750m round
SoftBank helped the digital financial services provider raise a series G round led by Sequoia Capital, reaching a post-money valuation of $25bn.
Carta darts to $500m series G
Goldman Sachs-backed Carta used its own equity funding management software to set the $6.9bn pre-money valuation at which it raised the cash.
Reddit revs up $700m series F
Fidelity has provided the first $410m for a round set to value the Tencent-backed social media platform developer at $10bn post-money.
Eruditus graduates to $650m round
The executive education provider's latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.
SoftBank helps send $1.5bn to Trendyol
The diversified e-commerce platform was valued at $16.5bn in a round co-led by SoftBank Vision Fund 2, following $350m from Alibaba in March.

Editor's Picks

Reddit revs up $700m series F
Fidelity has provided the first $410m for a round set to value the Tencent-backed social media platform developer at $10bn post-money.
Eruditus graduates to $650m round
The executive education provider's latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.
Rivian recharges with $2.5bn
The electric truck developer has closed a round co-led by Amazon and Ford Motor Company, pushing its overall funding past the $10bn mark.
Northvolt plugs into $2.75bn
The lithium-ion battery provider's latest financing came through a private placement co-led by Volkswagen that also featured Scania.
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