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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

PE firm TPG lists at a $9B valuation

San Francisco-based private equity firm raised $1 billion in its public debut valuing the company at $9 billion. It is the first U.S. listing in 2022, and is trading on under the ticker symbol TPG. The firm invests across five areas; capital, growth, impact, real estate and market solutions, and has $109 billion in assets under management, according to its announcement.聽

— Gen茅 Teare

Flipdish picks up $100M for online ordering

, provider of a platform for food purveyors to offer branded online ordering, raised $100 million in a Series C funding round.

led the financing, which sets a valuation of over $1.25 billion for the 7-year-old company. The deal follows a $48.5 million investment from in February 2021. The latest investment will be used to grow global operations, fund R&D and support new customers like hotels, stadiums, movie theaters, and airports.

— Joanna Glasner

Funding rounds

Lead School lands $100M:聽Mumbai-based , which provides technology to schools with a focus on digital learning, raised $100 million in a Series E round backed by and . The financing pushes the 10-year-old company’s valuation into unicorn territory.

— Joanna Glasner

Observable raises $35.6M: , provider of a data visualization platform for enterprises, announced it raised $35.6 million in a Series B funding round led by . Existing investors and also participated in the round.

— Joanna Glasner

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