Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain
US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.
PayPal to invest $100m in financial inclusion and gender equality efforts
PayPal pledged to invest more than $100m to advance financial inclusion and economic empowerment for women around the world over the next five years.
Go Ventures, Sequoia India’s Surge back Vara to digitise Indonesian SME payrolls
Indonesia-based staff management platform Vara raised $4.8m in seed funding from Go Ventures, the investment arm of super app Gojek, as well as RTP Global, Alpha JWC Ventures, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures.
Paris-based Spendesk bags €100m to help finance firms in Europe with spend management
Spend management platform for finance teams Spendesk raised €100m in Series C funding, bringing its total funds raised to €160m.
African neobank Kuda inks $55m at a $500m valuation to take on incumbents
London-based, Nigerian-operating startup Kuda closed a $55m Series B co-led by Valar Ventures and Target Global at a valuation of $500m.
Gusto secures $175m in highly subscribed Series E
Employee benefits business Gusto has reeled in $175m from a Series E funding round led by T. Rowe Price Associates.
Ex-Lazada execs’ insurance marketplace Lifepal fetches $9m in funding
Indonesian digital direct-to-consumer (D2C) insurance marketplace Lifepal raised an oversubscribed $9m Series A funding round, bringing the total capital raised to $12m.
UAE InsurTech Hala inks $5m to expand market footprint
Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.
InsurTech unicorn Groww in talks to close $250m in new investment round
Indian startup that helps millennials invest in mutual funds and stocks Groww is reportedly in talks to raise a new financing round at a $3bn valuation.
Coalition acquires broker platform Attune on back of strong Series E
Cyber insurance company Coalition has snapped up commercial insurance-focused broker platform Attune for an undisclosed fee.
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