San Francisco-based Alchemy just announced a new $200 million “Series C-1” in a round of financing led by Lightspeed and Silver Lake that nearly triples its valuation—to $10.2 billion—in less than four months.An unprecedented number of European companies—86 total—joined the Crunchbase Unicorn Board in 2021, per Crunchbase data. This is more than 5x the count of new unicorns in 2020 from Europe, and more than 3x the previous record in 2019.
San Francisco-based Alchemy transformation into a $10.2B Decacorn
Zurich-based Scandit closed a $150 million Series D led by Warburg Pincus that gives the scanning and data capture company a valuation of more than $1 billion. Others participating in the round include existing investors Atomico, Forestay Capital, G2VP, GV, Kreos, NGP Capital, Schneider Electric, Sony Innovation Fund by IGV and Swisscom Ventures. Peloton said Tuesday that CEO John Foley will step down and the company will slash 2,800 jobs after seeing demand for its product wane. We take a look at funding to the connected-fitness sector and ask, what’s next?
Palo Alto-based TripActions, a provider of integrated travel, corporate card and expense management tools, has raised over $550 million in growth funding and $500 million in debt financing since being founded. Now, the 7-year-old company is demonstrating it can spend big too with its acquisition of Comtravo. The trend toward speedy, last-mile delivery has grown exponentially worldwide in the past five years. Here’s what you need to know. Funding to supply chain startups last year almost doubled to $11.3 billion. The numbers show not just the effects of a pandemic that shocked every aspect of the supply chain, but a building acceptance of tech in an industry known to run on pen, paper and spreadsheets, experts say.
Eastern Europe generated a record number of unicorns and decacorns in 2021. In this column, East-West Digital News Chief Editor Adrien Henni covers key tech and venture trends from Russia, Ukraine and Belarus to offer insight into how the region kept its appeal to tech investors in 2021.
Source : Crunchbase
