糖心视频

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.

Subscribe to the Crunchbase Daily

Paxos pulls in $300M for blockchain infrastructure

New York-based , provider of a regulated blockchain infrastructure platform, that it closed a $300 million Series D funding round at a valuation of $2.4 billion.

led the round, which brings total financing to date for 9-year-old Paxos to well over $500 million.

The startup says it wants to build a better financial system that “allows assets to move instantaneously, anywhere in the world, at any time, in a trustworthy way.” The company partners with others, including and , to add cryptocurrency features to their offerings.

— Joanna Glasner

Rho Technologies closes $100M debt

Rho Technologies, the financial technology parent of said it raised $100 million in debt financing from .

The new financing comes on the heels of a $15 million Series A round, led by, announced in January.

It will enable Rho, headquartered in New York, to invest in strategic initiatives and broaden its service offerings to business clients.

— Christine Hall

Fintech and e-commerce

ElasticRun bags $75M: India-based said it raised $75 million in its Series D financing round, co-led by existing investors and , to give the company a total of $130.5 million in funding since it was founded in 2015. The new funding will enable the company to expand its reach further into rural markets.

Keeper Tax secures $13M: Gig worker tax-filing software , which monitors purchases for tax deductible expenses, raised $13 million in Series A funding. Backers included , and . The San Francisco-based company intends to use the new funding to grow its team, customer support and technology development.

Kickfurther inks $5.9M: , a marketplace for users to buy inventory directly from suppliers and partner with businesses to sell the inventory, raised $5.9 million in seed 鈥減lus鈥� funding led by . The Colorado-based company provides a way for small and medium-sized product entrepreneurs to find capital at competitive rates to fund their growth. It intends to invest the new funding in technology and marketing.

— Christine Hall

Health care

Capsida debuts with $140M: , a Thousand Oaks, California-based developer of tissue-targeted gene therapies, emerged from stealth mode with $140 million in capital, which included $50 million in Series A funding from and , as well as $90 million in upfront and equity capital from as part of a strategic partnership.

RapidDeploy raises $29M: Austin-based emergency response company closed on $29 million in Series B funding to provide 911 centers with data, tactical mapping and analytics. led the round, which will be used to fund RapidDeploy鈥檚 go-to-market strategy and R&D. Digital transformation is hitting this area, with a聽-濒别诲听$3.5 million seed round into this week. New York-based MD Ally is developing a program that incorporates telehealth and mental health services into 911 and first-responder dispatches.

CareCar revs growth with $3M: , a tech-enabled benefit manager and value-based health care services platform, announced a $3 million seed round led by and . The Denver-based company currently manages supplemental benefits for approximately 150,000 patients in California and North Carolina. It plans to use the funds to expand into new markets and offer additional senior home care services.

MentalHappy inks $1.1M: San Francisco-based , a social network designed to make mental health care accessible, affordable and stigma-free for everyone, raised $1.1 million in a round led by . Peer support groups are led by health and wellness professionals, and the platform includes science-backed toolkits and other premium features.

— Christine Hall

Agriculture

Modern Meadow raises $130M: , a New York-based producer of biofabricated textiles, raised $130 million in Series C funding led by . The company also announced it has appointed board member , former CEO, to succeed as CEO.

— Christine Hall

New funds

CVS Health launches VC fund with $100M: announced the launch of CVS Health Ventures, a corporate venture capital fund that will invest in and partner with early-stage companies focused on making health care more accessible, affordable and simpler. CVS infused its fund with an initial $100 million for investments in digital health care companies. CVS Health said it has already made more than 20 direct investments, including and .

Capchase creates $100M fund for women, minority business owners: New York-based , which enables SaaS companies to finance the growth of their operations with cash tied up in future monthly payments, said it would set aside approximately $100 million to exclusively fund woman- and minority-led businesses.

— Christine Hall

Public markets

Ascend Wellness prices IPO: priced its of 10 million shares of stock at $8 per share, aimed at raising total gross proceeds of $80 million. The Boston-based multistate cannabis operator is listing its shares on the . Shares are expected to begin trading on May 4 under the ticker symbol AAWH. Ascend, having raised in known funding, is among a group of venture-backed companies developing the infrastructure and support system for America鈥檚 cannabis industry.

— Christine Hall

Regtech

TerraTrue raises Series A: San Francisco-based privacy compliance company closed a $15 million Series A, led by with participation from and . The company, which helps its customers identify risks and violations to privacy rules and laws, has now raised a total of $19.5 million.

鈥� Chris Metinko

Illustration: