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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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Hackers nab $600M from DeFi platform Poly Network

Poly Network, a decentralized finance platform, had $600 million worth of cryptocurrency stolen, in a hack the company reported in a Twitter .

In a strange turn of events Wednesday, CNBC , the hackers began returning some of the stolen funds. They reportedly sent a message to Poly Network embedded in a cryptocurrency transaction saying they were 鈥渞eady to return鈥� the funds.

— Joanna Glasner

People.ai hits $1.1B valuation

Redwood City, California-based raised a $100 million Series D funding co-led by of and of . The round, which gives the company a post-money valuation of $1.1 billion, also included participation from existing investors including and .

People.ai helps generate insights to make revenue teams more productive. Founded in 2016, the company has raised more than $200 million to date, according to Crunchbase data.

鈥� Chris Metinko

Transporation tech

Los Angeles-based , a rideshare platform focused on shuttling kids to school, reportedly 聽in a Series C funding round.

— Joanna Glasner

Fintech

鈥� Afilio raises $13M for estate planning: Berlin-based , provider of a centralized location for families to create and consolidate personal estate management, legal, financial and retirement/end-of-life planning, raised $13 million. led the financing for the 4-year-old company.

— Joanna Glasner

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