VENTURE DEALS
- PlusAI Inc, a Cupertino, Calif.-based developer of self- driving trucks, is close to raising approximately $200 million in funding at a valuation of more than $1 billion, according to Bloomberg. Investors will include Sequoia and Full Truck Alliance. Read more.
- thredUP, a San Francisco-based fashion resale marketplace, raised $175 million in funding. Park West Asset Management and Irving Investors led the round, and were joined by investors including Goldman Sachs Investment Partners, Upfront Ventures, Highland Capital Partners and Redpoint Ventures.
- H2O.ai, a Mountain View, Calif.-based provider of artificial intelligence and automatic machine learning for the enterprise, raised $72.5 million in Series D funding. Goldman Sachs and the Ping An Global Voyager Fund led the round.
- Starship Technologies, a San Francisco-based provider of autonomous delivery service, raised $40 million in Series A funding. Investors include TDK Ventures.
- WeTransfer, an Amsterdam-based provider of file-sharing services, raised $40 million in Series B funding. HPE Growth led the round, and was joined by investors including Highland Europe.
- Zendrive, a San Francisco-based developer of traffic data tracking application, raised $37 million in Series B funding. XL Innovate led the round, and was joined by investors including Hearst Ventures, BMW iVentures, ACME Capital, NYCA, and SignalFire.
- Homeis, a New York and Tel Aviv-based digital platform for immigrant communities, raised $12 million in Series A funding. Canaan and Spark Capital co-led the round.
- Fund That Flip, a New York-based fintech platform and marketplace lender of residential real estate loans, raised $11 million in funding from Edison Partners.
- BDS Analytics, a Boulder, Colo.-based cannabis research firm, raised $7 million in funding. KEY Investment Partners, Altitude Investment Management and 7thirty led the round.
- JRNI (formerly BookingBug), a Boston-based customer engagement platform for omnichannel conversion, raised a $6 million extension to its Series C funding. PeakSpan Capital led the round, and was joined by investors including Downing Ventures and Somerston Group.
- Versatile Natures, an Israel-based startup using machine learning and AI in a non-intrusive manner to optimize construction processes, raised $5.5 million in seed funding. Robert Bosch Venture Capital GmbH led the round, and was joined by investors including Conductive Ventures, Leigh Jasper, Rob Phillpot, and Root Ventures.
- SpotQA, a London-based provider of automated software testing, raised $3.25 million in seed funding. Crane Venture Partners led the round, and was joined by investors including Forward Ventures, Downing Ventures and Acequia Capital.
- Brainbase, a Los Angeles-based maker of intellectual property licensing platforms, raised $3 million in seed funding. Struck Capital led the round, and was joined by investors including Tectonic Capital, Bonfire Ventures, Sterling Road and Watertower Ventures.
- Blooma, a San Diego-based provider of an AI-powered platform for automated and expedited commercial loan origination, raised $2.75 million in funding. Floodgate led the round.
- Voyager, a company focused on the bulk commodity shipping market, raised $1.5 million in seed funding. Investors include ATX Venture Partners, Blue Bear Capital, GreenHawk Capital, and Phaze Ventures.
- Outlier, an Oakland, Calif.-based provider of an automated business analysis platform, raised funding of an undisclosed amount, from Capital One Growth Ventures.
- Auxbus, an Asheville, N.C.-based developer of audio creation tools, raised seed funding of an undisclosed amount, from Ideaship.
PRIVATE EQUITY DEALS
- Lightview Capital agreed to make an investment in Buchanan Technologies, a Grapevine, Texas-based provider of IT support and services. Financial terms weren't disclosed.
- Genesis Innovation Group's cultivate(MD) Capital made an investment in Genesis Software Innovations, a Grand Rapids, Mich.-based developer of software solutions for the orthopedic space. Financial terms weren't disclosed.
- Rizing, which is backed by One Equity Partners, acquired Transcend Spatial Solutions, a Charlotte, N.C.-based geographic information system services and solutions provider. Financial terms weren't disclosed.
- Mobileum, a portfolio company of Audax Private Equity, acquired WeDo Technologies, a Portugal-based provider of risk and business management solutions for communication service providers. Financial terms weren't disclosed.
- Polytek, which is backed by Arsenal Capital Partners, acquired Stone Coat Countertops, an Oregon-based provider of epoxy coating systems, casting systems and related accessories. Financial terms weren't disclosed.
IPOs
- Uhuru, a Japanese firm connecting devices to cloud services, is preparing an IPO in London. SoftBank backs the firm. Read more.
EXITS
- DoorDash acquired Scotty Labs, a San Francisco-based tele-operations company developing technology to enable people to remotely control self-driving cars. Financial terms weren't disclosed. Scotty Labs had previously raised $6 million in venture funding from investors including Gradient Ventures, Graph Ventures, Social Capital, and Horizons Ventures.
- Jacobs Holding agreed to acquire North American Dental Group, a Pittsburgh, Penn.-based dental services organization. The sellers include Abry Partners and The Riverside Company. Financial terms weren't disclosed.
- CenterOak Partners LLC has sold TruRoad Holdings, Inc, a Woburn, Mass.-based automotive glass and claims management company, to Belron Group subsidiary Safelite Group Inc. No financial terms were disclosed.
- PressReader acquired News360, a San Mateo, Calif.-based content personalization platform for news readers and publishers. Financial terms weren't disclosed. News360 had raised approximately $7.5 million in funding from investors including Oradell Capital.
FIRMS + FUNDS
- Arian Simone and Keshia Knight Pulliam have raised $5 million for The Fearless Fund, a vehicle that will invest in "women of color-led businesses seeking pre-seed, seed level, or series A funding."
PEOPLE
- Gauge Capital named David Friedman as a principal.
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