July Was a Big-Money Month
Got a cybersecurity startup? You’re in the money!
It’s been a month of breathtaking funding rounds and heavenly valuations. The capital surge is not slowing down for the summer months. Especially if investors find an opportunity to put money into a cybersecurity startup.
July was a month when the figure of $200 million often appeared in private funding round news. Two companies raised exactly $200 million in their initial public offerings. Sixteen companies raised more than $200 million in their IPOs; three of them raked in $1 billion and up.
And even The New York Times caught on to the trend of big funding rounds for cybersecurity companies.
In short, it’s a good time to be a startup.
Diversity Efforts
Another month in 2021 and there’s been bringing more diversity into investing and startups.
Everyone has a mother or has had a mother in their life. With that broad demographic, New York-based Peanut, a social network for women who are mothers, or mothers-to-be, is launching a microfund called StartHER, which will invest in early-stage, pre-seed businesses, helping to get such startups off the ground and eventually make their way into rounds of funding.
“The assumption that founders should have networks able to invest in their businesses creates an unfair starting line for most groups. If we don’t remove barriers to that initial funding by providing access to capital, how can we ever hope to see a changing founder profile further through the fundraising funnel?” Peanut CEO Michelle Kennedy says in a statement about the fund’s launch. “Peanut’s StartHER fund opens the door to founders looking for that early funding. It’s our opportunity to finally level the playing field. We want to be the family these founders can turn to, opening the door to our professional networks too.”
Another new fund is Sweater Ventures, which is gathering a waitlist of potential investors.
Anu Duggal, founding partner of Female Founders Fund, discusses how her fund has grown since its launch in 2014. She raised about $32 million in the firm’s first two funds, and this month closed on a third fund of $57 million, bringing its total money under management to $95 million.
Canada Pension Plan Investment Board promoted Suyi Kim to head of Asia operations. Atlas Venture hired Jodie Morrison as a venture partner. Lucy Fan joined North Sky Capital as a vice president. Jennifer Brown joined Adams Street Partners as a partner and global head of consultant relations. Shelby Wanstrath joined Vista Equity Partners as managing director of corporate growth initiatives. Laura Grattan joined Crosspoint Capital Partners as a managing director. Sacha Mann joined Takeda Ventures as a partner. Cécile Cabanis joined Tikehau Capital as deputy CEO. Andreessen Horowitz promoted Arianna Simpson to general partner. Melissa Klafter joined AE Industrial Partners as a partner and CFO.
Initial Public Offerings
A quick digest of July IPOs, including SPACs.
Robinhood Markets raised $1.89 billion in its IPO.
Ryan Specialty Group raised $1.3 billion in its IPO.
Faraday Future raised about $1 billion through a reverse merger.
Stevanato Group raised $672 million in its IPO.
Duolingo raised $521 million in its IPO.
Phillips Edison raised $476 million in its IPO.
AltC Acquisition raised $450 million in its IPO.
Paycor raised $426 million in its IPO.
Dole raised $400 million in its IPO.
VTEX raised $361 million in its IPO.
F45 Training raised $325 million in its IPO.
Bridge Investment Group raised $300 million in its IPO.
Instructure raised $250 million in its IPO.
Snap One raised $249 million in its IPO.
Sight Sciences raised $240 million in its IPO.
CS Disco raised $224 million in its IPO.
Absci raised $200 million in its IPO.
Couchbase raised $200 million in its IPO.
Nuvalent raised around $165.75 million in its IPO.
Outbrain raised $160 million in its IPO.
Kaltura raised $150 million in its IPO.
Zenvia raised $150 million in its IPO.
Zevia raised $150 million in its IPO.
Agrico Acquisition raised $125 million in its IPO.
TScan Therapeutics raised $100 million in its IPO.
Rani Therapeutics raised $73 million in its IPO.
Candel Therapeutics raised $72 million in its IPO.
Reverse Mergers
Faraday Future had the blockbuster reverse merger of the month, combining with Property Solutions Acquisition Corp., a special-purpose acquisition company (SPAC), to become publicly traded at long last. The developer of electric vehicles had a history of near-death events. The SPAC originally aspired to invest in real estate companies; now it’s in the EV business, not RE. Faraday picked up $1 billion in the reverse merger and related transactions. The car company slightly extended its official name to Faraday Future Intelligent Electric, trading on the Nasdaq Global Select market with the FFIE ticker symbol. And so it goes.
The SPAC field is going through a quieter stage from the first quarter of 2021, when dozens of IPO filings and the resulting public offerings were happening. SPAC filings dwindled to about 30 during the month of May, falling farther still to 25 filings in June. SPAC filing activities saw a slight rebound in July, with more than 30 filings. One factor is the greater scrutiny SPACs will get from the Securities and Exchange Commission.
Mega-Rounds
There were more than 135 mega-rounds in July, about the same total as June. They were mostly in the nine figures, from $100 million to $999 million, while a few companies broke into the 10 figures in funding.
India’s Flipkart Internet, an e-commerce behemoth, raised $3.6 billion in new funding, valuing the company at $37.6 billion. GIC, CPP Investments, the SoftBank Vision Fund 2, and Walmart led the round. Flipkart has raised a total of $12.6 billion in private funding, according to Crunchbase.
Rivian, a developer of electric vehicles, raised $2.5 billion in private equity funding, bringing its private funding total to $10.7 billion.
Indonesia’s GoTo is raising $2 billion before going public in Jakarta and the U.S.
Yanolja, a Korean leisure platform, raised $1.7 billion from the SoftBank Vision Fund.
New York-based Articulate Global raised $1.5 billion in Series A funding co-led by Blackstone Growth, ICONIQ Growth, and General Atlantic at a $3.75 billion valuation. The company offers e-learning and training software.
India’s Swiggy, a restaurant food delivery service, raised $1.25 billion in Series J funding co-led by SoftBank Vision Fund 2 and Prosus (a Dutch investor in consumer markets and in technology).
Mergers & Acquisitions
Aon and Willis Towers Watson, insurance brokers, called off their $34 billion merger agreement, only five weeks after the U.S. Department of Justice sued to can the combination.
Intel is reportedly negotiating to acquire GlobalFoundries, which is owned by Mudabala Investment, The Wall Street Journal reports. The purchase price may be about $30 billion if a deal is reached.
Salesforce completed its $27.7 billion acquisition of Slack.
Shareholders of Deutsche Wohnen did not approve of Vonovia buying the company for €18 billion (more than $21 billion).
Broadcom was considering the acquisition of SAS Institute, a software vendor, at a price of $15 billion to $20 billion, The Wall Street Journal reports.
Sydney Airport Holdings rejected a $17 billion takeover offer from IFM Investors, QSuper, and Global Infrastructure Partners.
Zoom agreed to acquire Five9 for $14.7 billion in stock.
Private equity firms are jostling to acquire Wm Morrison, a British supermarket chain; this may take some time to work this out. There is a £6.3 billion (about $8.76 billion) offer on the table.
Thoma Bravo agreed to acquire Stamps.com for $6.6 billion in cash.
Thoma Bravo agreed to acquire Medallia for $6.4 billion in cash.
Morgan Stanley was hired by Deutsche Telekom to locate a potential buyer for T-Mobile Netherlands, which could be worth €4.5 billion ($5.33 billion), Bloomberg News reports.
EQT Infrastructure agreed to acquire Covanta for $5.3 billion in cash.
PerkinElmer agreed to acquire BioLegend for $5.25 billion in cash and stock. The cash involved is $2.2 billion.
Platinum Equity agreed to acquire Solenis from Clayton, DuBilier & Rice and BASF for $5.25 billion, including debt.
The Carlyle Group agreed to sell Atotech to MKS Instruments for about $5.1 billion in cash and stock.
Nordic Capital is in negotiations to purchase Inovalon, which has a market capitalization of more than $5 billion, according to Bloomberg.
Advent International agreed to sell Allnex to PTT Global Chemical for €4 billion ($4.74 billion).
Bain Capital and Cinven completed their $4.53 billion acquisition of Lonza’s specialty ingredients business.
Prudential Financial agreed to sell its retirement business to the U.S. unit of LifeCo for $4.45 billion.
Spark Infrastructure agreed to allow KKR and Ontario Teachers’ Pension Plan Board to examine its books; the suitors are willing to pay $3.77 billion to buy the Australian electricity utility.
Citizens Financial Group agreed to acquire Investors Bancorp for $3.5 billion in cash and stock.
Brookfield Business Partners agreed to acquire DexKo Global from KPS Capital Partners for $3.4 billion.
Carrier Global agreed to sell its Chubb business unit to APi Group for $3.1 billion in cash.
ABB is negotiating to sell its mechanical power transmission unit to RBC Bearings for about $3 billion, per Bloomberg.
Kite Realty Group Trust agreed to acquire Retail Properties of America for $2.8 billion.
TA Associates agreed to acquire the medical unit of Smiths Group for nearly $2.8 billion, according to the Daily Mail.
Silicon Laboratories completed the divestiture of its Infrastructure & Automotive business to Skyworks Solutions for $2.75 billion in cash.
Infor agreed to sell its enterprise asset management group to Hexagon for about $2.7 billion in cash and stock.
Stonepeak Infrastructure Partners agreed to acquire the Latin American business of Lumen Technologies for $2.7 billion.
Amgen agreed to acquire Teneobio for up to $2.5 billion, including $900 million upfront.
Adecco Group agreed to acquire AKKA Technologies for €2 billion ($2.38 billion).
Permira agreed to acquire a 33% equity stake in Adevinta from eBay for $2.25 billion.
TPG Capital agreed to sell Transplace to Uber Freight for $2.25 billion in cash and stock.
The Blackstone Group agreed to acquire a 9.9% stake in AIG’s life and retirement unit for $2.2 billion.
Achronix Semiconductor and ACE Convergence Acquisition, a SPAC, agreed to terminate their proposed $2.1 billion merger.
Hillhouse Capital Management is closing in on the King Koil China mattress company from Advent International for more than $2 billion, Bloomberg reports.
Lone Star Funds is negotiating to purchase AOC Resins from CVC Capital Partners for more than $2 billion, Bloomberg reports.
Cobepa is considering a sale of BioAgilytix Labs for more than $2 billion, per Bloomberg.
Sumitomo Mitsui Financial Group agreed to acquire an equity stake of nearly 75% in Fullerton India for $2 billion.
Starwood Capital Group made an unsolicited $1.8 billion takeover bid for Monmouth Real Estate Investment Corp., exceeding an existing deal made by Equity Commonwealth.
Veritas Capital agreed to sell Alion to Huntington Ingalls Industries for $1.65 billion in cash.
Verizon Communications agreed to sell certain Yahoo trademarks and related technology infrastructure to an affiliate of SoftBank for about $1.6 billion.
Carlisle Companies agreed to acquire the Henry Company for almost $1.6 billion in cash.
EQT agreed to sell a majority stake in Igenomix to Vitrolife at an enterprise value of €1.25 billion (nearly $1.5 billion).
Philip Morris agreed to acquire Vectura for £1.05 billion ($1.46 billion).
Together Financial Services hired Rothschild for a potential sale of the company, which may be worth £1 billion (about $1.4 billion).
KPS Capital Partners agreed to pay $1.3 billion for a control stake in the commercial sweeteners unit of Tate & Lyle.
Tencent agreed to acquire Sumo Digital for $1.27 billion.
Bain Capital reportedly agreed to acquire PartsSource from Great Hill Partners for $1.25 billion.
Novo Nordisk agreed to acquire an experimental heart therapy from Prothena for up to $1.23 billion.
Sycamore Partners agreed to acquire Ste. Michelle Wine Estates from Altria Group for $1.2 billion.
DP World agreed to acquire syncreon NewCo for an enterprise value of $1.2 billion.
Starbucks is selling 50% of its equity in its South Korea joint venture with E-Mart at a valuation of $2.35 billion. GIC is getting 32.5% of the venture, while E-Mart will hold 17.5%; the transaction is worth a total of $1.175 billion.
Qualtrics agreed to acquire Clarabridge for $1.125 billion in stock.
Daily Mail & General Trust, which owns the Daily Mail newspaper, is considering a sale of the media company for $1.1 billion.
Accenture is one of the most acquisitive companies in American business. This month, it made eight acquisition deals that it publicized, and there may be more that were not disclosed. In June, Accenture announced eight acquisitions. Accenture Ventures made a strategic investment in Imburse, a provider of a cloud-based payments-as-a-service platform. In May, the company purchased five companies, while Accenture Ventures was an investor in ForgeRock, a provider of identity management software for enterprises, which was planning to go public. During the month of April, Accenture revealed details of seven acquisitions. Accenture Ventures took part in seed funding for Okra, a fintech startup in Nigeria. Accenture announced seven acquisition deals in March. TeamViewer, a German company, acquired Upskill of Vienna, Va., which counted Accenture Ventures among its investors, who put about $65 million into the augmented-reality software startup. During February, Accenture announced five acquisition deals. Touchcast in February raised $55 million in Series A funding led by Accenture Ventures. At the beginning of 2021, Accenture made deals to buy three companies, while selecting Appian in January as a core partner in its INTIENT network platform for the life sciences.
Agtech/Foodtech
Pivot Bio raised $430 million in Series D funding co-led by DCVC and Temasek.
Nature’s Fynd raised $350 million in Series C funding led by the SoftBank Vision 2 Fund.
NotCo raised $235 million in new funding led by Tiger Global Management.
Market Kurly raised $200 million in Series F funding.
Licious raised $192 million in Series F funding. Temasek Holdings and Multiples Alternate Asset Management co-led and were joined by insiders 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund, and Vertex Ventures.
JOKR raised $170 million in Series A funding co-led by GGV Capital, Balderton Capital, and Tiger Global Management.
Rohik raised €100 million (nearly $119 million) in Series C funding
Aleph Farms raised $105 million in Series B funding
Choco raised $100 million in Series B funding led by Left Lane Capital.
ByHeart raised $90 million in Series B funding
Nobell Foods raised $75 million in Series B funding
HappyFresh raised $65 million in Series D funding co-led by Naver Financial and Gafina.
Kadenwood raised $50 million in Series B funding.
Meati Foods raised $50 million in Series B funding.
Little Spoon raised $44 million in Series B funding led by Valor Equity Partners.
MaxAB, an Egyptian business-to-business food and grocery delivery startup, raised $40 million in Series A funding. RMBV led and was joined by IFC, Flourish Ventures, Crystal Stream, Rise Capital, Endeavour Catalyst, Beco Capital, and 4DX Ventures.
Aruna raised $35 million in Series A funding.
FreshRealm raised $32 million in new funding.
Comet Bio raised $22 million in Series C funding led by Open Prairie.
Next Gen Foods raised $20 million in seed funding.
Spinn raised $20 million in new funding led by Spark Capital.
Urban Remedy raised $18 million in Series D funding led by Manna Tree Partners.
Collectiv Food raised more than $16 million in Series A funding.
The New Primal raised $15 million in Series B funding from Manna Tree.
Acelerate raised $14.4 million in Series A funding led by Sequoia Capital.
Wicked Kitchen raised $14 million in Series A funding led by Unovis Asset Management.
Undercover Snacks raised $13.7 million in funding led by Octagon Capital Holdings.
ConverseNow raised $13 million in Series A funding led by Craft Ventures.
Micropep raised €8.5 million (more than $10M) in Series A funding.
Quinn raised $10 million in Series B funding.
Protera raised $10 million in Series A funding led by Sofinnova Partners.
Rise Gardens raised $9 million in Series A funding led by Telus Ventures.
86 Repairs raised $5.3 million in seed funding.
Agro Club raised $5 million in Series A funding.
Frizata raised $5 million in Series A funding led by SP Ventures.
Traptic raised $5 million in Series A funding.
KAMEREO raised $4.6 million in new funding.
XED Beverage raised $4.5 million in seed funding.
Temple Lifestyle, doing business as Buddha Brands, raised $3 million in new funding.
BEPPS Snacks raised about $550,000 in seed funding.
In other news: Zomato filed for an IPO that could raise $1.3 billion for the food delivery company in India; Agrico Acquisition, an agtech SPAC, raised $125 million in its IPO; Danone Manifesto Partners acquired a majority stake in Harmless Harvest.
Artificial Intelligence/Machine Learning
AnyVision, an Israel-based facial recognition startup, raised $235 million in Series C funding. SoftBank Vision Fund 2 and Eldridge Industries co-led and were joined by Robert Bosch, Qualcomm Ventures, and Lightspeed Management.
Deep Genomics raised $180 million in Series C funding led by the SoftBank Vision Fund 2.
Woebot Health raised $90 million in Series B funding
Blaize raised $71 million in Series D funding co-led by Franklin Templeton and existing investor Temasek.
Aidoc raised $66 million in Series C funding.
VisiQuate raised $50 million.
VEDA Data raised $45 million in Series B funding led by Oak HC/FT.
Cape Analytics raised $44 million in Series C funding.
LinkSquares raised $40 million in Series B funding led by Sorenson Capital.
Clearview.ai raised $30 million in Series B funding from Hal Lambert and two other investors.
Intellimize raised $30 million in Series B funding.
Aleph Alpha raised €23 million (about $27.3 million) in Series A funding.
Kili Technology raised $25 million in Series A funding led by Balderton Capital.
Nym Health raised $25 million in new funding led by Addition.
Orum raised $25 million in Series A funding from Craft Ventures, Unusual Ventures, and Neo.
Lambda raised $24.5 million in debt/equity funding.
BlueOcean raised $15 million in Series A funding by Insight Partners.
ClimateAI raised $12 million in Series A funding led by Radical Ventures and Footprint Coalition Capital.
Zone7 raised $8 million in Series A funding led by Blumberg Capital.
LitLingo raised $7.5 million in Series A funding led by Breyer Capital.
Obviously AI raised $4.7 million in seed funding.
Kuano.ai raised about $1.4 million in seed funding.
OneScreen.ai raised $1 million in pre-seed funding.
Automotive/Mobility
Rivian raised $2.5 billion in private equity funding.
Ola raised $500 million in new funding led by Temasek and Warburg Pincus.
Onto raised $175 million in debt and Series B equity funding.
Spinny raised more than $103 million in Series D funding.
Ghost Locomotion raised $100 million in Series D funding.
Shopmonkey raised $75 million in Series C funding.
Heart Aerospace raised $35 million in Series A funding.
Sonatus raised $35 million in Series A funding led by Translink Capital.
Niron Magnetics raised $21.3 million in new funding from Volvo Cars Tech Fund and Volta Energy Technologies.
Algolux raised $18.4 million in Series B funding led by Forte Ventures and Drive Capital.
Flock raised $17 million in Series A funding led by Social Capital.
Lacuna raised $16 million in Series A funding.
Veo raised $16 million in Series A funding.
Venti Technologies raised about $8 million in seed funding co-led by LDV Partners and Alpha JWC Ventures.
WeVee raised $7 million in seed funding.
Ridepanda raised $3.75 million in seed funding co-led by Porsche Ventures, Yamaha Motor Ventures, and Proeza Ventures.
In other news: SES Holdings agreed to go public in a reverse merger with publicly held Ivanhoe Capital Acquisition (NYSE: IVAN), valuing the manufacturer of lithium-metal rechargeable batteries for EVs at $3.6 billion. SES had raised about $320 million from investors like Applied Ventures (the venture arm of Applied Materials), Vertex Ventures China, and Temasek; Clarios International, a Milwaukee-based manufacturer of car batteries, postponed its $1.85 billion IPO at the end of July, citing market conditions.
Biotech
Wugen raised $172 million in Series B funding led by Abingworth and Tybourne Capital Management.
Rakuten Medical raised $166 million in Series D funding led by General Catalyst.
Sirnaomics raised $105 million in Series E funding led by Rotating Boulder Fund.
Bota Bio raised $100 million in Series B funding led by Sequoia Capital China.
Strata Oncology raised $90 million in Series C funding led by Wellington Management.
Ankora Heart raised $80 million in new funding.
Turnstone Biologics raised $80 million in Series D funding.
Hemab raised $55 million in Series A funding co-led by Novo Holdings, HealthCap, and RA Capital.
Entos raised $53 million in Series A funding led by Coatue Management.
PAQ Therapeutics raised $30 million in Series A funding led by Sherpa Healthcare Partners.
Slingshot Biosciences raised $23 million in Series A funding led by Northpond Ventures.
IMIDomics raised $16.5 million from DNS Capital, Bristol Myers Squibb, The Pritzker Organization, and Tao Capital.
Glyphic Biotechnologies raised $6 million in seed funding led by OMX Ventures.
Axonis Therapeutics raised $5 million in seed funding led by Alexandria Venture Investments.
PEP-Therapy added $3 million to its Series A funding.
Incisive Genetics raised $2.5 million in seed funding.
Psilera (formerly known as Psilera Bioscience) raised $2.5 million in seed funding.
In other news: Rani Therapeutics raised $73 million in its IPO; Nuvalent raised about $165.75 million in its IPO.
Cybersecurity
Netskope raised $300 million in private funding led by ICONIQ Growth.
Cybereason raised $275 million in Series F funding led by Liberty Strategic Capital.
1Password raised $100 million in Series B funding led by Accel.
Active Fence raised $100 million in Series A and Series B funding.
AuthenticID raised $100 million in private equity funding led by Long Ridge Equity Partners.
Virsec raised $100 million in Series C funding.
Friss raised $65 million in Series B funding led by Accel-KKR.
AttackIQ raised $44 million in Series C funding led by Atlantic Bridge, Saudi Aramco Energy Ventures, and Gaingels.
Unit21 raised $34 million in Series B funding led by Tiger Global.
Safe Security raised $33 million from BT Group.
DNSFilter raised $30 million in Series A funding from Insight Partners.
Stytch raised $30 million in Series A funding led by Thrive Capital.
Magic raised $27 million in Series A funding led by Northzone.
SecurEnds raised $21 million of Series A funding led by Elephant.
Noectic Cyber raised $20 million in Series A funding.
SolCyber raised $20 million from ForgePoint Capital.
Kno2 raised $15 million in Series A funding co-led by Health Enterprise Partners (HEP) and Providence Ventures.
VU raised $12 million in Series B funding.
Infinipoint raised $11 million in new funding.
ThreatWarrior raised $10 million in Series A funding led by Ecliptic Capital.
Opaque raised $9.5 million in seed funding led by Intel Capital.
Smile Identity raised $7 million in Series A funding led by Costanoa Ventures.
ShardSecure raised $2.5 million in pre-Series A funding.
InsightFinder raised $2 million in debt funding.
In other news: Vigilante, a dark-web threat intelligence firm, was acquired by ZeroFox; financial details were not disclosed.
Digital Health
Olive raised $400 million in Series H funding co-led by Vista Equity Partners and Base10 Partners and joined by Tiger Global Management.
Carbon Health raised $350 million in private equity funding led by The Blackstone Group.
OM1 raised $85 million in Series D funding.
SWORD Health raised $85 million in Series C funding.
Ribon Therapeutics raised $65 million in new funding co-led by Deerfield Management and U.S. Venture Partners.
Linus Health raised $55 million in Series B funding led by Morningside Ventures.
Swift Medical raised $35 million in Series B funding led by Virgo Investment Group.
Babson Diagnostics, an Austin, Texas-based maker of a quick-draw blood device for use at pharmacy counters, raised $31 million in Series B funding. Emerald Development Managers led and was joined by existing investors Siemens Healthineers, Prism Ventures, and Lago Consulting Group.
MedRhythms raised $25 million in Series B funding led by Morningside Ventures and Advantage Capital.
Qure4u raised $25 million in new funding from Volition Capital.
Eucalyptus raised $22.3 million in Series B funding.
Eyenuk raised $6.2 million in new funding led by AXA IM.
BeatO raised $5.7 million in Series B funding.
Hertility Health raised €4.8 million ($5.7 million) in seed funding.
Evvy raised $5 million in seed funding.
Oliva raised $2.2 million in pre-seed funding led by Moonfire Ventures.
DynamiCare Health raised $1.5 million in seed funding led by Early Light Ventures.
Robotics
Path Robotics raised $100 million in Series B funding led by Tiger Global.
Covariant raised $80 million in Series C funding led by Index Ventures.
In other news: ABB bought ASTI Mobile Robotics.
Software
Sourcegraph raised $125 million in Series D funding led by Andreessen Horowitz.
Bubble raised $100 million in Series A funding led by Insight Partners.
DevRev raised $50 million in seed funding.
RC2 raised $27 million in Series B funding led by Felicis Ventures.
Microverse raised $12.5 million in Series A funding led by Northzone and joined by General Catalyst and All Iron Ventures.
Butlr Technologies raised $7.9 million in seed funding led by Hyperplane.
WhenThen raised $6 million in seed funding from Cavalry Ventures and Stride.vc.
Mobile.dev raised $3 million in seed funding led by Cowboy Ventures.
Semiconductors
PsiQuantum raised $450 million in Series D funding.
Neuralink raised $205 million in Series C funding led by Vy Capital.
Wiliot raised $200 million in Series C funding led by SoftBank Vision Fund 2.
Untether AI raised $125 million in Series A funding from Tracker Capital Management and Intel Capital.
Phononic raised $50 million in growth funding led by Goldman Sachs.
Paradromics raised $20 million in seed funding led by Prime Movers Lab.
Ascenium added $16 million to its Series A funding, bringing it to a total of $25 million in the round.
floLive raised $15.5 million in Series B funding led by Intel Capital.
Atom Computing raised $15 million in Series A funding.
HaptX raised $12 million in Series A-1 funding led by Verizon Ventures.
Visionary Machines raised A$7.50 million ($5.5 million) in seed funding led by Folklore Ventures.
In other news: CeramTec and Excelitas are for sale.
Odds and Ends
San Francisco-based Zipline raised $250 million in Series E funding from investors including Katalyst Ventures, Baillie Gifford, GV, Temasek, Goldman Sachs, and The Rise Fund.
Australia’s Gilmour Space raised A$61 million (about $44.8 million) in Series C funding. Fine Structure Ventures led and was joined by Blackbird Ventures, Main Sequence, HESTA, Hostplus, and NGS Super.
ArtSugar raised $500,000 in seed funding from Curate Capital.
Fundraising
A quick compendium of fundraising by private equity and venture capital firms during the month of July: Hellman & Friedman raised $24.4 billion; Cinven is trying to raise more than $12 billion; TPG raised $5.4 billion for its planned $7 billion Rise Climate Fund; Index Ventures raised $3.1 billion for three funds; General Atlantic raised more than $3 billion; General Atlantic is raising $4 billion for a growth equity fund for climate technologies; Stonepeak Infrastructure Partners raised $2.75 billion for its first renewable energy fund; Pritzker Private Capital raised $2.7 billion; Nautic Partners is raising up to $2.5 billion; Blue Owl Capital raised $2 billion for its first Owl Rock Opportunistic Fund; Generate Capital raised $2 billion for a green energy/sustainable infrastructure fund; H.I.G. WhiteHorse raised $1.65 billion; Ares SSG raised more than $1.6 billion; and Q-Energy raised €1.1 billion (about $1.3 billion) for renewable energy investments.