Misfits Market bags US $200M
Food delivery service Misfits Market raised $200 million in a Series C round at a valuation of over $1 billion. Accel and D1 Capital led the financing for the Pennsauken, New Jersey-based company, which plans a nationwide expansion of its service offering discounted meat, produce and pantry staples.
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Shares of New York-based UiPath closed up 23 percent in the first day of trading. The process automation software provider raised $1.34 billion in the offering and ended the day with a market value of around $35.6 billion.
A couple more companies added their names to the IPO pipeline. New York-based online advertising platform Outbrain confidentially filed for a public offering. And Berlin-based ATAI Life Sciences, a startup developing mental health disorder treatments, including psychedelic and digital therapeutics, announced plans to raise $100 million in a U.S. IPO.
Welcome Tech, a startup focused on expanding financial inclusion for immigrants moving to the United States, raised $35 million in a Series B round led by TTV Capital, Owl Ventures and SB Opportunity Fund. The Los Angeles-based startup connects immigrants with services around finance, education and health care.
Telehealth startup Summus Global pulled in $21 million in Series B funding led by Sator Grove Holdings. The New York-based company provides virtual visits with specialists as an employee benefit.