The Briefing: Rokt Lands $325M, Infarm Gets $200M, And More

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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.

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Rokt lands $325M

New York-based Rokt, a provider of marketing technology for online shopping, raised $325 million in pre-IPO financing, according to a report in The Wall Street Journal.

Tiger Global led the financing, which reportedly values the company at $1.95 billion. Founded in 2012,  Rokt previously raised at least $162 million in known funding, per Crunchbase data.

The latest funding comes as Rokt is reportedly laying the groundwork for a potential initial public offering, likely to come in 2023.

— Joanna Glasner

Infarm raises $200M

Amsterdam-based Infarm, which builds vertical farms to grow fruits and vegetables, announced it has raised $200 million in a Series D funding round backed by the Qatar Investment Authority, Partners in Equity, Hanaco, Atomico, Lightrock and Bonnier Ventures. The new capital will go toward expanding its existing vertical farming network in the United States, Canada, Japan and Europe, as well as entering new markets in Asia-Pacific and the Middle East.

— Joanna Glasner

Dialpad raises $170M at $2.2B valuation

San Francisco-based Dialpad, a cloud-based business phone and messaging platform, closed on a $170 million funding, which valued the company at $2.2 billion, up from $1.2 billion in October 2020. The funding was led by ICONIQ Capital with participation from Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32 and T-Mobile Ventures.

— Gené Teare

Gtmhub closes $120M round

Denver-based Gtmhub raised a $120 million round led by Index Ventures with participation from Visionaries Club and returning investors Insight Partners, Singular and CRV. The company has developed an objectives and key results (OKR) tracking platform, which helps companies determine if they are executing on their strategy.

The new round comes less than 12 months after it raised a $30 million Series B. Founded in 2015, the company has now raised a total of $161 million.

— Chris Metinko


Stocktwits raises $30M Series B: New York-based Stocktwits, a social platform for traders, raised $30 million in a funding led by Hong Kong-based Alameda Research, a cryptocurrency and digital assets investor, alongside new investor Times Bridge, and existing investors True Ventures, Foundry Group, ffVC and Social Leverage. The company has 5 million monthly users and showed 50 percent growth year over year in 2021 according to its announcement.

— Gené Teare


Fintech investor Anthemis Group closes on $700M: New York and London-based Anthemis Group has closed on $700 million across multiple funds bringing its assets under management to $1.2 billion. As part of this announcement, Briana van Strijp has been promoted from COO to CEO of Anthemis. The company announced a SPAC earlier this year, a partnership with Barclay to expand the Female Innovators Lab and has led investments in Branch, Atomic, Weavr and LocoNav

Blue Cloud Ventures closes on $350M fourth fund: New York-based Blue Cloud Ventures (BCV) closed on a $350 million fourth fund. This includes its main fund and co-investment commitments from its limited partners which hail from the U.S., Europe, Middle East and Asia Pacific. BCV invests in cloud software companies with $5 million to $10 million in ARR. The firm is flexible and can lead, co-lead or participate in growth or secondary rounds and typically invests $5 million to $30 million in a funding round. 

— Gené Teare

Public offering

Reddit files confidentially to go public: Online discussion forum Reddit said that it filed confidentially for an initial public offering. Founded in 2005, the San Francisco-based company has been a prodigious fundraiser, pulling in a total of $1.3 billion to date, per Crunchbase data, including a $410 million Series F round in August led by Fidelity.

— Joanna Glasner

Illustration: Dom Guzman

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