Dynamic Business brings you this week’s most important fundraising for startups:
Adobe acquires Figma for $20 billion
Software giant Adobe buys startup Figma for nearly $20 billion in its largest transaction to date. The agreement enables Adobe to improve its products for creative workers.
During the pandemic, demand for Figma, which allows customers to collaborate on software as they build it, increased as more individuals worked remotely. Figma’s backers include venture capital firms Kleiner Perkins, Index Ventures and Greylock Partners.
Sonder raises AU$35m in Series B financing
Sonder, a leading wellness and safety company, today announced it has completed a series B financing round of AU$35 million. Blackbird Ventures led the oversubscription round, with the participation of new investors, including SEEK Investments and SecondQuarter Ventures, as well as existing investors.
In addition to Blackbird’s investment, Niki Scevak, Blackbird’s partner and co-founder, will join Sonder’s board.
Kaloom Raises $21 Million in Financing
Kaloom announced that it has secured an additional USD 21 million from the government of Quebec and current investor, Alternative Capital Group (ACG), matching the investment made by the government of Quebec.
This latest investment supports Kaloom’s go-to-market strategy and extends its current heterogeneous hardware strategy by supporting additional platforms such as SmartNICs and servers.
Suzuki invests in Australian technology, Applied EV
Applied EV has closed the first tranche of a two-part financing round, raising AUD $21M at a valuation of AUD $170M. Global auto giant Suzuki has taken a strategic stake in the company. St Baker Energy and Innovation Fund is also a key investor in this round.
Applied EV is an Australian technology company that has developed a vehicle control system based entirely on software known as the Digital Backbone for use in electric vehicles.
to autonomous driving applications.
Agtech startup Lleaf raises $3.5 million
Lleaf, a Sydney-based agtech company, has raised $3.5 million in a seed round for its light-emitting plastics for indoor farming.
The funding was led by Danish investment companies ALFA Ventures and 2 Degrees, with participation from The University of New South Wales and Cicada Innovations, where Lleaf is based.
HealthMatch Raises $10 Million Series C
HealthMatch, a clinical trial access startup, has raised $10 million in Series C funding. Folklore Ventures, the company’s original sponsor, led the round.
Square Peg Capital made an $18 million investment in Series B in December 2020 and later invested in Series C. In late 2019, Square Peg also led a $6 million Series A round.
OccuRx raises $16 million for kidney disease research
OccuRx, a biotech startup, has raised $16 million to fund clinical trials for its oral medication to treat chronic kidney disease (CKD), a primary cause of death. Brandon BioCatalyst and Uniseed led the funding, including a $1.5 million grant from the biomedical incubator CUREator.
New financing options for sustainable start-ups
Launching the 2022 eco-Disruptive initiative will give start-ups in Australia, New Zealand and Hong Kong the opportunity to receive funding from Bupa to create pilot solutions that benefit the environment and people’s health.
Now in its second year, the eco-disruptive program connects startups with specialized Bupa teams and provides select startups with approximately $40,000 in early funding to create radical solutions to the most pressing challenges facing our world. .
Selected start-ups will also compete for more than $300,000 in funding to further develop their product.
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This post Financing Round September 9 – September 16: Sonder, Kaloom and more
was original published at “https://dynamicbusiness.com/weekly-funding-roundup/funding-roundup-september-9-september-16-sonder-kaloom-and-more.html”