VC Daily: Indian Ed Tech Startup Strengthens USA -2-


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Provi, a Chicago-based startup that is streamlining the alcohol ordering process for bars and restaurants, raised $ 75 million in Series C funding at a valuation of $ 750 million. D1 Capital Partners led the round, which included contributions from Bessemer Venture Partners, Nosara Capital and CPMG.

Battery Resourcers, a Worcester, Massachusetts-based lithium-ion battery recycling and manufacturing startup, closed a $ 70 million financing round. The new investor Hitachi Ventures was supported in the new financing by the existing donors Orbia Ventures, InMotion Ventures, Doral Energy, At One Ventures, TDK Ventures and Trumpf Venture.

Ripple Foods, a plant-based, dairy-free developer in Berkeley, California, has received $ 60 million in Series E funding. Rage Capital, Ajax Strategies and S2G Ventures led the round, which was supported by OurCrowd, GV, Prelude Ventures, Fall Line Capital and Tao Capital Partners, among others.

June Homes, a New York-based proptech startup looking to improve the rental experience for renters and small landlords, came out of the cover with $ 50 million in funding. The funding includes a recent Series B round of $ 27 million, a previously unannounced Series A round of $ 13 million and a seed investment of $ 10 million. The lead investor SoftBank Ventures Asia was supported in the rounds by TQ Ventures, FJ Labs, K50 Ventures, Reshape, Quiet Capital and others.

Almanach, a collaborative document editor for remote teams, has raised $ 34 million in Series A funding. Tiger Global Management led the investment, which included contributions from Floodgate Fund, General Catalyst, and others.

Advanced Farm Technologies Inc., a developer of robotic technology for farmers, has secured a $ 25 million Series B round. The main investor, Catapult Ventures, was Kubota Corp., Yamaha Motor Corp. and supported Impact Ventures with the new financing.

Nex, a San Jose, California and Hong Kong-based gaming startup that combines entertainment and fitness, completed a $ 25 million Series B round led by Blue Pool Capital.

Technical news

A representation of the St. John’s Terminal, which is currently under construction and expected to open in mid-2023. PHOTO: COOKFOX ARCHITECTS

Google buys office buildings in New York City for $ 2.1 billion

Uber says the first adjusted profit is possible this quarter

SEC is investigating Activision Blizzard over workplace practices and disclosures

U.S. sanctions against crypto exchanges accused of serving ransomware criminals

CIOs work with other executives to address cyber threats


All about the web

Despite blockbuster venture investments, the share of female founders in VC financing is falling (Crunchbase News)

(END) Dow Jones Newswires

Sep 22, 2021 10:03 AM ET (2:03 PM GMT)

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