Shipping Platform Sendcloud raises USD $177M
Sendcloud, a Dutch startup that connects retailers to shipping service providers, reportedly raised $177 million in a Series C funding round led by SoftBank Vision Fund 2.
Inspired Capital, founded by Learnvest CEO and founder Alexa von Tobel and former U.S. Secretary of Commerce Penny Pritzker, has raised its second fund, oversubscribed at $281 million.
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The supposed death of Silicon Valley appears to be greatly exaggerated, writes Alberto Onetti, chairman of innovation advisory firm Mind the Bridge. But while there will likely be multiple clusters in different places able to get beyond critical mass, there’s no new Silicon Valley in sight.
The IPO market for software startups was already hot, and this month it’s poised to get even hotter. Over the next few weeks, public market investors are gearing up for multiple debuts of cloud companies with initial valuations around or above the $10 billion mark.
Venture-backed startups in the beauty and cosmetics industry have raised at least $4 billion since the start of 2020, Crunchbase numbers show. We speak with investors in the space about what’s driving the surge of interest in funding startups offering cosmetics, skincare, haircare and wellness products.
TCV (Technology Crossover Ventures) has been investing in private and public technology companies for the past 26 years. The firm was one of the first investors in Netflix and Zillow, but perhaps more notable than the success of its early bets is its penchant for playing the long game with its portfolio companies, some of which it continues to invest in after they’ve gone public.
Source : Crunchbase
Piyush Verma
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