Weekly Funding Insights
Hey there!
Here are some interesting insights on the funding activity that happened over the last week.
Over $17.2B were invested in 461 companies worldwide.
Funding rounds that caught our eye
Zipline
2014 | United States | $483M
💰 Raised $250M in Series E led by Temasek Holdings, Baillie Gifford, Katalyst Ventures at a valuation of $2.75B
Zipline designs manufacture and operates drones to deliver vital medical products to everyone, no matter where they live.
Zipline’s Competitive Landscape
Zipline’s focus has been confined to delivering health supplies, however, it plans to expand in other industries as well. The company has ongoing partnerships with UPS in Rwanda, the Toyota Group in Japan, and Novant Health & Walmart in the U.S.
Noticeable companies that raised funding
CMR Surgical
2014 | United Kingdom | $975M
💰 Raised $590M in Series D led by SoftBank Vision Fund, Ally Bridge Group
CMR Surgical is developing the next-generation surgical robotic system for minimal access surgery.
Kitopi
2018 | United Arab Emirates | $504M
💰 Raised $415M in Series C led by SoftBank Vision Fund
Kitopi is a cloud kitchen startup that provides delivery-only services for restaurants.
Olive
2012 | United States | $856M
💰 Raised $400M in Series H led by Vista Equity Partners
Olive has developed an artificial intelligence workforce for the health care industry.
DataRobot
2012 | United States | $1001M
💰 Raised $250M in Series G led by Altimeter Capital, Tiger Global Management
DataRobot brings AI technology and ROI enablement services to global enterprises.
4G Clinical
2015 | United States | $252M
💰 Raised $230M led by Goldman Sachs Asset Management
4G Clinical provides software and services for clinical drug trials specifically in randomization and trial supply management (RTSM).
Gympass
2012 | Brazil | $520M
💰 Raised $220M in Series E from Valor Capital Group, Kaszek, Moore Strategic Ventures, General Atlantic, SoftBank Vision Fund
Gympass is a fitness discovery platform connecting the world's network of fitness facilities to companies and their employees.
Digit Insurance
2016 | India | $444M
💰 Raised $200M from Sequoia Capital India, Faering Capital, IIFL Asset Management
Digit Insurance is a financial services company that provides general insurance services.
ShipBob
2014 | United States | $331M
💰 Raised $200M in Series E led by Bain Capital Ventures
ShipBob is a global logistics company that offers an e-commerce fulfillment order platform for direct-to-consumer brands.
Moveworks
2016 | United States | $305M
💰 Raised $200M in Series C led by Tiger Global Management, Alkeon Capital
Moveworks offers an AI platform that revolutionizes how companies support their employees.
Dream Games
2019 | Turkey | $213M
💰 Raised $155M in Series B led by Makers Fund, Index Ventures
Dream Games is a mobile game development company.