Berlin Brands secures US $240M debt financing

Germany-based e-commerce company Berlin Brands Group secured $240 million debt financing from new and existing backers. The company, which creates and acquires online retail brands, currently sells more than 3,700 products through 14 of its own brands.

Global venture investments reached $125 billion in the first quarter of 2021, a 50 percent increase quarter over quarter and a whopping 94 percent increase year over year, Crunchbase data shows. We break down where the money went in our latest quarterly report, looking at investment across stages as well as exit activity.

British cybersecurity company Darktrace plans to go public on the London Stock Exchange, targeting a valuation of around $4 billion. In other news, The Honest Co., offering eco-friendly products for babies and homes, filed documents for a U.S. IPO at a valuation around $2 billion.

Source : Crunchbase