Briefing

The Briefing: Nuro Fuels Up With Another $600M, Everlaw raises $202M, And More

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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Nuro lands $600M Series D

Self-driving car startup Nuro raised a $600 million Series D from investors including Google and Tiger Global Management. The new round of funding brings Nuro’s valuation up to $8.6 billion, TechCrunch reported, and the company will also partner with Google Cloud.

Nuro is backed by investors that include the SoftBank Vision Fund and T. Rowe Price.

— Sophia Kunthara

Everlaw raises $202M at $2B valuation

Oakland, California-based litigation platform Everlaw closed $202 million in a Series D led by TPG Growth at a $2 billion valuation.

The company’s platform helps firms with internal investigations, e-discovery and case preparation. Everlaw has watched total cases on its platform more than double since its $62 million Series C in March 2020. Companies in the legaltech sector have seen increased interest from investors this year as the COVID-19 pandemic has forced more firms to adopt cloud-native technologies.

Founded in 2010, the company has raised just less than $300 million to date, according to Crunchbase data.

— Chris Metinko

Klarna acquires PriceRunner

Sweden-based buy now, pay later platform Klarna is acquiring PriceRunner, a provider of product review and price comparisons, for around $124 million.

PriceRunner describes itself as the leading comparison shopping service in the Nordic region. It has businesses in Sweden, Denmark, Norway and the United Kingdom and compares 3.4 million products from 22,500 retailers in 25 countries.

The purchase tops an acquisitive year for Klarna, which has bought at least six companies in 2021, per Crunchbase data.

—  Joanna Glasner

Blockchain

The Sandbox piles up $93M: The Sandbox, a gaming startup that describes itself as an “open NFT metaverse” in which users build, play and monetize creations in the blockchain, raised $93 million in a funding round led by SoftBank Vision Fund 2.

—  Joanna Glasner

Infrastructure

Permutive raises $75 million: London-based Permutive, a provider of privacy-safe infrastructure for publishers and advertisers, raised $75 million in a Series C round led by SoftBank Vision Fund 2. The financing brings total funding to date to $105 million.

—  Joanna Glasner

Illustration: Dom Guzman

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