Financing Round News

Financing Round News

• Karuna Announces $68 Million Series B Financing
  
  BOSTON--(BUSINESS WIRE)--Karuna announced the completion of a $68 million Series B financing round led by ARCH Venture Partners.
  Business Wire.  Mon, 18 Mar 2019 07:00:00 UTC.
• SoftBank is leading a $1 billion investment in logistics start-up Flexport
  
  A day after announcing a $200 million financing round in Clutter, SoftBank said it led a $1 billion investment in Flexport.
  CNBC.  Thu, 21 Feb 2019 16:48 GMT.
• Why Tofurky Waited For Financing Without Too Many Strings Attached
  
  Tofurky has remained independent and family owned since it launched 39 years ago, and its first financing round of $7 million won't change that, says CEO Jaime Athos.
  By Janet Forgrieve, Contributor.  Forbes.  Thu, 14 Feb 2019 19:44:00 -0500.
• Reddit raises $300M in finance round led by China's Tencent
  
  Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent
  ABC News.  Tue, 12 Feb 2019 09:55:05 -0500.
• Latest Funding Values Reddit at $3 Billion
  
  Reddit was valued at $3 billion after a new financing round for the discussion forum that brought in Chinese internet giant Tencent as an investor.
  Wall Street Journal.  Mon, 11 Feb 2019 21:27:41 EST.
• Zwift Raises $120M To Expand Its Virtual Cycling Technology To Esports
  
  Virtual reality cycling startup Zwift announced it was raising a Series B financing round of $120m as the company looks to get into eSports. The company has now raised a total of $166 million.
  By Simon Ogus, Contributor.  Forbes.  Fri, 21 Dec 2018 15:35:00 -0500.
• Indonesia's Tokopedia secures $1.1 billion in latest financing round
  
  Indonesian e-commerce company Tokopedia on Wednesday said it secured $1.1 billion in the latest funding round led by SoftBank Group Corp's Vision Fund and Alibaba Group Holding Ltd .
  Reuters.  Tue, 11 Dec 2018 22:30:25 -0500.
• Driverless startup Zoox removes CEO
  
  Zoox, an autonomous driving startup, dismissed its CEO, Tim Kentley-Klay, after closing a massive financing round in July.
  AutoNews.com.  Wed, 22 Aug 2018 21:14:51 EST.  Subscription may be required.
• Peloton's Financing Round Values Stationary-Bike Maker at $4.15 Billion
  
  Peloton Interactive Inc. is raising a $550 million round of financing as the maker of video-streaming stationary bikes contemplates an initial public offering as soon as next year.
  Wall Street Journal.  Fri, 03 Aug 2018 11:49:44 EDT.

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