News

Divido, a whitelabel platform for retail finance, has raised $30 million in Series B funding.

Master Ventures has launched a $30 million venture fund.

Silicon Valley-based Faction Technology Inc, a developer of driverless solutions based on light electric vehicles, has raised $4.3 million in seed funding.

eStoreMedia, a digital shelf software for Fortune 500 brands, has secured $30 million in funding.

Locus, a platform that automates supply chain decisions, has raised $50 million in Series C funding.

Celonis, a provider of execution management solutions, has secured $1 billion in Series D funding.

Unicorn Capital Partners, an Asian venture capital fund-of-funds manager, has raised $450 million for its fourth fund.

Vancouver-based Precision NanoSystems, a provider of technologies and solutions for the development of genetic medicines, has been acquired by Danaher Corp.

The Biden administration and the Democrats’ slim majority in Congress offer a window for changes to policy, including increases to capital gains, closing the carried interest loophole, and anti-trust legislation. It could prove serious for the venture capital industry.

Boston-based Wefox, a digital insurance company has raised $650 million in Series C funding.