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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Lunar raises $47M for online banking
The latest round brings total funding to date for the Copenhagen, Denmark-based company to more than $120 million. Founded in 2015, the startup began as a personal finance app and later pivoted into banking.
The company reportedly currently has 5,000 business users and 200,000 private users across Denmark, Sweden and Norway.
- Sirnaomics secures $105M: Gaithersburg, Maryland-based biopharmaceutical company Sirnaomics announced a $105 million Series D financing round that was co-led by existing investor Rotating Boulder Fund, new investor Walvax Biotechnology and Sunshine Riverhead Capital. The company intends to use the proceeds for RNAi treatments for human disorders, including cancers, fibrosis diseases, metabolic diseases and viral infections.
- OnSite Waste Technologies bags $3.5M for medical waste sterilization: OnSite Waste Technologies, a company that makes a medical waste sterilization product, said it recently raised $3.5 million in an oversubscribed Series A funding round. The company said it’s now raised a total of $8.5 million in capital. The latest round was led by Mark IV Capital.
- Flipkart buys stake in Aditya Birla: Flipkart, the Walmart-owned Indian online retail giant, is reportedly spending just over $200 million to acquire a 7.8 percent stake in apparel company Aditya Birla Fashion and Retail.
Illustration: Dom Guzman