Dynamic Business brings you the key startup fundraising from this week:
Clear Dynamics (Series B)
How much: $35 million (USD$25 million)
Participants: Co-led by Colinton Capital Partners and OIF Ventures and joined by new investments from family offices and private investors.
Clear Dynamics is a software company founded in Australia to remove the business agility constraints inherent in today’s enterprise software models.
Curious Thing (Pre-Series A)
How much: $7 million
Participants: Led by private investment firm Hawkstone with participation from Blacksheep Capital, January Capital and return investors Reinventure and Qualgro.
Curious Thing raised AUD$1.5 million from Reinventure and Qualgro in 2019.
Curious Thing is a voice AI communication platform that provides businesses with a productive and scalable way to make voice calls to customers while maintaining that crucial human touch.
Velocity Global (Series B)
How much: $400m
Participants: Led by Eldridge and Partners, which join Series A investor FFL Partners on Velocity Global’s board.
Velocity Global provides a comprehensive suite of talent solutions, including global Employer of Record and Contractor Management, to assist businesses in onboarding, managing, and paying talent in over 185 countries and all 50 states.
How much: $80 million ($50 million in equity and $30 million in debt)
Participants: Fifth Wall led the equity financing with returning backers Battery Ventures, Andreessen Horowitz (a16z) and GGV Capital.
Belong is a three-sided marketplace that offers home management services to both homeowners who are landlords and renters, claiming to make owning a rental home easier.
How much: $300 million
Participants: Led by Coatue and Insight Partners, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital.
Xendit is a payments infrastructure platform for Southeast Asia.
How much: 15 million
Participants: Led by Next47, and YCombinator.
Tractian has created streamlined hardware-software solutions that provide maintenance technicians and decision-makers complete control over their operations.
How much: $5 million
Participants: Led by Blackbird and Square Peg Capital
Blinq lets you share a snapshot of your professional identity, make great first impressions and manage your ongoing relationships.
How much: $110 million (Equity and debt)
Participants: Led by returning investor Mithril Capital and debt funding from BlackRock
GreyOrange provides retailers with a fulfilment platform that includes adaptive learning and continuous process automation.
Fashinza (Series B)
How much: $100 million
Participants: Led by Prosus, Westbridge Capital
Fashinza provides fashion brands with complete apparel manufacturing solutions. It assists fashion retail brands in identifying the right suppliers, data-driven fabric pre-booking, and inventory forecasting error reduction.