Venture Capital

Altimeter, Franklin Templeton Lead $100 Million Series F in Benchling

SAN FRANCISCO — Benchling, developer of the R&D Cloud powering the biotechnology industry, has raised $100 million in Series F funding at a $6.1 billion valuation. The round was co-led by new investor Franklin Templeton and existing investor Altimeter Capital, and joined by new investors Tiger Global and Lone Pine Capital, as well as other existing investors. Benchling plans to use […]

Venture Capital

Render Closes $20 Million Series A

SAN FRANCISCO — Render, which operates a Zero DevOps Cloud Platform, has closed its $20 million Series A investment round led by Addition, with participation from existing investors General Catalyst and the South Park Commons. This brings Render’s total funding to $26.75 million. Render offers a Zero DevOps Cloud Platform to developers and companies like Anker, Cypress.io, and Clearbit, helping […]

Venture Capital

$500 Million Funding is Possible for Impossible Foods

REDWOOD CITY — Plant-based food maker Impossible Foods has secured $500 million in its latest funding round, led by existing investor Mirae Asset Global Investments with participation from other existing investors. Impossible Foods is now the fastest-growing plant-based meat company in retail, outpacing the next 10 leading plant-based meat companies combined, according to custom IRI […]

News

NASA Launches DART Spacecraft to Hit Asteroid

NASA’s Double Asteroid Redirection Test (DART), the world’s first full-scale mission to test technology for defending Earth against potential asteroid or comet hazards, launched Wednesday at 1:21 a.m. EST on a SpaceX Falcon 9 rocket from Space Launch Complex 4 East at Vandenberg Space Force Base in California. Just one part of NASA’s larger planetary […]

Venture Capital

Kettle Cooks Up $25 Million Series A

SAN FRANCISCO — Kettle, a reinsurance startup that uses advanced deep learning to better protect people from the growing risks associated with climate change, has raised a $25 million Series A funding round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. Kettle is bringing advanced technology to the $400 billion-a-year reinsurance […]

Venture Capital

Deliverr Scoops Up $250 Million Round

SAN FRANCISCO — Deliverr, an e-commerce fulfillment and technology company that provides fast and affordable fulfillment services to e-commerce merchants on marketplace platforms like Shopify, Walmart, Amazon, eBay, Target, and others, has raised $250 million in a Series E fundraising round led by new investor Tiger Global. Existing investors, 8VC, Activant, GLP, Brookfield Technology Partners, […]