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Briefing

The Briefing: Rokt Lands $325M, Infarm Gets $200M, And More

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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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Rokt lands $325M

New York-based , a provider of marketing technology for online shopping, raised $325 million in pre-IPO financing, according to a reportÌý¾±²Ô .

led the financing, which reportedly values the company at $1.95 billion. Founded in 2012,  Rokt previously raised at least $162 million in known funding, per Crunchbase data.

The latest funding comes as Rokt is reportedly laying the groundwork for a potential initial public offering, likely to come in 2023.

— Joanna Glasner

Infarm raises $200M

Amsterdam-based , which builds vertical farms to grow fruits and vegetables, announced it has raised $200 million in a Series D funding round backed by the y, , , , Ìý²¹²Ô»å . The new capital will go toward expanding its existing vertical farming network in the United States, Canada, Japan and Europe, as well as entering new markets in Asia-Pacific and the Middle East.

— Joanna Glasner

Dialpad raises $170M at $2.2B valuation

San Francisco-based , a cloud-based business phone and messaging platform, closed on a $170 million funding, which valued the company at $2.2 billion, up from $1.2 billion in October 2020. The funding was led by with participation from , , , , and .

— Gené Teare

Gtmhub closes $120M round

Denver-based raised a $120 million round led by with participation from and returning investors , and . The company has developed an objectives and key results (OKR) tracking platform, which helps companies determine if they are executing on their strategy.

The new round comes less than 12 months after it raised a $30 million Series B. Founded in 2015, the company has now raised a total of $161 million.

— Chris Metinko

Fintech

Stocktwits raises $30M Series B: New York-based , a social platform for traders, raised $30 million in a funding led by Hong Kong-based , a cryptocurrency and digital assets investor, alongside new investor , and existing investors , , and . The company has 5 million monthly users and showed 50 percent growth year over year in 2021 according to its .

— Gené Teare

Funds

Fintech investor Anthemis Group closes on $700M: New York and London-based has closed on $700 million across multiple funds bringing its assets under management to $1.2 billion. As part of this announcement, has been promoted from COO to CEO of Anthemis. The company announced a , a partnership with Barclay to expand the and has led investments in , , ²¹²Ô»åÌý.Ìý

Blue Cloud Ventures closes on $350M fourth fund: New York-based (BCV) closed on a $350 million fourth fund. This includes its main fund and co-investment commitments from its limited partners which hail from the U.S., Europe, Middle East and Asia Pacific. BCV invests in cloud software companies with $5 million to $10 million in ARR. The firm is flexible and can lead, co-lead or participate and typically invests $5 million to $30 million in a funding round.Ìý

— Gené Teare

Public offering

Reddit files confidentially to go public: Online discussion forum said that it filed confidentially for an initial public offering. Founded in 2005, the San Francisco-based company has been a prodigious fundraiser, pulling in a total of $1.3 billion to date, per Crunchbase data, including a $410 million Series F round in August led by .

— Joanna Glasner

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