ÌÇÐÄÊÓƵ

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

Andela lands $200M to help hire engineers in developing countries

, a startup that matches companies with remote talent primarily in developing countries, announced it has raised $200 million in a Series E financing that values the company at $1.5 billion.

2 led the round, with participation from new investor and existing investors including , Ìý²¹²Ô»å .

Launched in Africa in 2014, Andela currently represents engineers from more than 80 countries, with a footprint that covers Africa, South America, Eastern Europe and other geographies.

— Joanna Glasner

Semios scores $100M for precision farming

Vancouver-based , a provider of precision agriculture technology, raised $100 million in funding led by , bringing total investment to over $225 million. The company operates a network of sensors that provide more than 500 million data points measuring climate, soil moisture, insect and disease activity daily, applying big data analytics and machine learning to reduce and mitigate crop risks.

— Joanna Glasner

EquityBee raises $55M Series B to help employees sell options

Palo Alto, California-based , which helps employees receive capital to exercise stock options, closed  $55 million in Series B funding, led by existing investor , with participation from , , , and .

Since 2020, EquityBee has seen over 500 percent year-to-year growth, it said in a release. The company says it plans to use the new investment for further development of its platform and expanding its offerings.

Founded in 2018, EquityBee’s now raised a total of $83 million in funding, according to the company.

The deal comes just weeks after , an online marketplace for buying and selling shares of private companies, announced plans to go public by merging with a special-purpose acquisition company that values it at $2 billion.

— Chris Metinko

Public offerings

Allvue Systems postpones IPO: , a provider of technology for alternative investments, announced it is postponing its planned IPO, which was expected to raise $275 million for the Miami-based company. Allvue said it “made the decision based on adverse market conditions despite receiving strong interest and positive indications from the broader institutional investor market.”

— Joanna Glasner

Illustration: