Venture investors are churning out big deals left and right, so many that any news team would have a hard time covering them all in depth. So we���ve rounded up the noteworthy financings from the day, including some from our own coverage.
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Here are some of the biggest deals which raised $50 million or more today.
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Indigo
蹤獲弝け News���s Savannah Dowling covered Indigo���s latest $250 million round and what its CEO, , said about the company���s new Marketplace initiative over email.
If you just want to know the details of the deal, here���s what happened: raised . Participants include institutional investors and , as well as government investors from the and the . The round values the company at $3.5 billion, post-money���more than double its Series D valuation it raised at in September 2017.
Postmates
In the 蹤獲弝け News morning report, Alex Wilhelm covered Postmates���s $300 million fundraise and possible plans to go public in 2019.
Here���s the details of the deal: raised which values the company at $1.5 billion, post-money. Postmates has now raised just under $600 million to-date.
Today In Other Supergiant Rounds
蹤獲弝け News colloquially refers to VC rounds of $100 million or more as ���supergiant.��� You can read more of our supergiant coverage here.
UiPath
Robotic automation software company raised co-led by and Alphabet investment arm . also participated in the deal, which also valued the company at over $3 billion, post-money.
As , the company says it works with major customers including HP, DHL, NASA, Airbus, Lufthansa and “nearly 2,000” others globally. According to VentureBeat, UiPath anticipates a 400 percent year-over-year bump in ARR. SaaStr founder Jason Lemkin UiPath ���went $10m to $100m [in ARR] in a year or so.��� The company plans to grow headcount by 300 percent, to 1,700, by the end of the year.
Aijia Home Furnishing Products
Chinese home goods upstart raised round led by . The round values the company at over $1 billion, making Aijia Home Furnishing Products the latest unicorn in China’s e-commerce market.
Other Notable Rounds
Enigma Technologies
Based in New York City, ingests and connects disparate datasets into knowledge graphs and builds interactive interfaces for the networked data. (A public-facing example is its .) The company sells its data infrastructure and services to enterprise clients.
Today, the company announced it . A number of investors participated in the round, including , , , and . The company’s valuation hasn’t been disclosed.
Ro
Today, , formerly known as Roman, announced it raised led by with participation from , , and . Prior to this round, the company had raised just . Ro has grown from five employees to seventy since January 2018.
What launched as an online pharmacy for erectile dysfunction medications has since rebranded to Ro. According , today the company unveiled a new $129 smoking cessation kit including nicotine gum and a prescription of bupropion, a common stop-smoking drug. This should come in handy for all the adults (and, chances are, some kids) who are hooked on Juul���s flavored nicotine vapor pods, as 蹤獲弝け News reported on last week.
Bread
Ever notice how an increasing number of big-ticket items are available to buy through monthly installments? is one of those companies offering online purchase financing through a customizable interface.
According to today’s announcements, Bread raised led by that also had participation from , , , , and . This brings the company’s .
WayRay
In the time between now and when cars can drive themselves, there’s a push to move parts of the dashboard to the windshield. is developing on holographic augmented reality heads up displays (HUDs) for cars.
WayRay raised round led by . , , , , and “several” unnamed sovereign wealth funds also invested in the round, . With the new capital, WayRay is valued at $500 million, post-money.
Porsche is not the only car company investing in startups. 蹤獲弝け News recently profiled the investment habits of automakers including Toyota, Daimler, Ford, and BMW, among others.
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