Briefing Venture

The Briefing: Bunq Raises $228M, Enpal Lands $118M, 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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Dutch neobank Bunq raises $228M

Amsterdam-based Bunq, a mobile banking provider operating in European markets, raised $228 million in a Series A round led by Pollen Street Capital.

The round, which Bunq calls the largest Series A ever for a European fintech, sets a valuation of $1.9 billion for the company.

Cleantech

Enpal raises $118M for solar power: Berlin-based Enpal, a provider of photovoltaic systems, raised $118 million in a funding round led by HV Capital. The company offers solar power installations for homeowners with no money upfront.

Enterprise

Intellimize picks up $30M: Intellimize, a startup offering tools for marketers to drive conversions by personalizing websites, raised $30 million in a Series B round led by Cobalt Capital. The round brings total funding for the Silicon Valley-based company to over $50 million.

— Joanna Glasner

Coda closes $100M Series C: San Francisco-based Coda raised a $100 million Series D at a $1.4 billion post-money valuation, led by Ontario Teachers’ Pension Plan via its Teachers’ Innovation Platform, with participation from all major investors including Kleiner Perkins, General Catalyst, Greylock, Khosla Ventures, Madrona Ventures, Underscore Ventures, NGP Capital and Renegade Partners.

Just last August, the document-sharing and productivity platform raised an $80 million Series C at a $636 million valuation. The company has raised a total of $240 million, according to Crunchbase data.

Coda, which competes with the likes of Notion, Airtable, Google and Microsoft, will use the funds for product development and to double its headcount this year.

— Chris Metinko

Illustration: Dom Guzman

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