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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.

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Fabric sews up $200M for robotic fulfillment

New York-based , a provider of robotic fulfillment technology for retailers, announced it closed a $200 million Series C funding round led by existing investor .

The financing pushes Fabric’s valuation above $1 billion. Founded in 2015, the company runs micro-fulfillment operations for grocery and general merchandise retailers in New York City, Washington, D.C., and Tel Aviv. Recently, the company announced partnerships with , 听补苍诲 .

— Joanna Glasner

DNA Script lands $165M

, a developer of enzymatic DNA synthesis and DNA printing on-demand technology, raised $165 million in a Series C funding round led by and . The round brings total capital raised to date to $280 million for DNA Script, which was founded in 2014 and is based in Paris and the San Francisco Bay Area.

— Joanna Glasner

New funds

Tiger Global raises $8.8B: has attracted $8.8 billion in the first close of its biggest venture fund on record, according to a Bloomberg , with employees reportedly contributing about $1.5 billion of the total. The fundraise follows an extraordinarily active investing streak for Tiger, which led 53 rounds valued at $7.2 billion in Q3 and participated in another 29 rounds, per Crunchbase data.

— Joanna Glasner

Khosla Ventures closes on $1.4B fund: The $1.4 billion seventh fund marks fifth consecutive fund over $1 billion, . Founded in 2004 by , the firm is dedicating $400 million of the amount to a seed-stage fund. The company’s sixth fund was announced in March 2018 at $1.4 billion.聽

— Gen茅 Teare

Marcy Venture Partners closes $325M Fund II: , the VC firm co-founded by , 听补苍诲 , announced the close of its second fund at $325 million. The firm, which was founded in 2018, raised $85 million for its first fund and invested in companies like , 听补苍诲 . MVP, which is a majority Black-owned firm, focuses on the areas of consumer and culture, and the majority of its portfolio companies were founded or are operated by women or people of color, according to a statement from the firm.

–Sophia Kunthara

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