Briefing

The Briefing: Plug In Digital Raises $75M, Park+ Picks Up $25M, 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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Plug in Digital raises $75M

Plug in Digital, a Montpellier, France-based game publisher and distributor, announced a $75 million funding round with Bridgepoint Development Capital, with financing provided by Eurazeo.

Founded in 2012, Plug in Digital currently operates as a full-service games distributor and publisher across PC, cloud, console and mobile platforms through its two publishing labels, Dear Villagers and PID Games. The company said it has seen yearly growth of  50 percent-plus over the past five years.

— Joanna Glasner

Park+ picks up$25M

Park+, an India-based startup that provides parking and other services to car owners, raised $25 million in a Series B funding co-led by Sequoia Capital India, Matrix Partners India and Epiq Capital.

— Joanna Glasner

Technology news

Samsung to build $17B Texas chip plant: Samsung announced plans to invest around $17 billion to build a new semiconductor factor in Taylor, Texas. The South Korean technology giant expects building work to commence in the first half of 2022 and hopes to have the site in operation by the second half of 2024.

— Joanna Glasner

Illustration: Dom Guzman

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