Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
OpenSea raises $300M, hits $13.3B valuation
New York-based OpenSea closed a $300 million Series C at a $13.3 billion post-money valuation. Paradigm and Coatue led the new round, which included participation from new and existing investors.
Founded in 2017, the company, which serves as a marketplace for crypto collectibles and non-fungible tokens, has now raised a total of $427 million, according to Crunchbase.
— Chris Metinko
Miro lands $400M for collaboration tools
Miro, developer of an online collaboration platform popular with remote workforces, announced it raised $400 million in a Series C financing round backed by ICONIQ Growth, Accel, Atlassian, Dragoneer, GIC, Salesforce Ventures1 and TCV.
The round sets a valuation of $17.6 billion for Miro, which says it is currently profitable. The company plans to use the money to invest in product development and global expansion.
Co-headquartered in San Francisco and Amsterdam, the 11-year-old company previously raised around $76 million in known funding, per Crunchbase data.
— Joanna Glasner
Zupee snags $72M
Mumbai-based Zupee, an online gaming platform, reportedly raised $72 million from Nepean Capital as part of a round totaling $102 million. The financing sets a valuation for the company of around $600 million.
— Joanna Glasner
Funding rounds
Growve adds $225M in funding: St. Petersburg, Florida-based brand aggregator Growve raised an additional $205 million in funding after amending and upsizing its existing senior credit facility. The company now has a total borrowing capacity of up to $380 million. In addition, the company announced a $20 million equipment line through Truist.
Money recently has poured into aggregation companies that buy up brands on large marketplaces like Amazon.
— Chris Metinko
DNA Script picks up $200M: Paris-based DNA Script, a developer of DNA synthesis technology for life sciences research, raised $200 million in a Series C funding round backed by a long list of investors including T. Rowe Price and Baillie Gifford. The financing brings total funding to date for the 8-year-old company to $315 million.
— Joanna Glasner
Illustration: Dom Guzman
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