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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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Vivino raises $155M for wine recommendation app

, an app that provides wine recommendations and sells bottles, has raised $155 million in a round led by Sweden’s .

The fundraise follows a period of sharp growth for the 11-year-old company, which has seen increasing demand amid the pandemic as people shift their fine dining to home.

The company, which is headquartered in San Francisco and has offices in five countries, previously raised $63.8 million in known funding, per Crunchbase data.

— Joanna Glasner

Payoneer to enter public market via SPAC

Cross-border payment company is the latest fintech to that it is going public via a blank-check company.

The New York-based company, founded in 2005 by , is merging with , led by founder .

When the merger closes, the new company will be renamed Payoneer Global Inc. and is expected to be valued at $3.3 billion, according to the company. The deal also includes $300 million private investment in public equity (PIPE) from a group consisting of existing investor , as well as and .

Over the past 16 years, Payoneer worked on building an ecosystem that includes banks, suppliers and marketplaces connected to an integrated global platform. The company said it processed more than $44 billion in volume in over 7,000 trade corridors in 2020. This deal will provide the company with the necessary scale and resources to accelerate its mission of democratizing access to financial services, while driving growth for digital businesses.

The company raised a total of in known venture capital investments, according to Crunchbase News. Its most recently disclosed funding was a round in 2016, led by .

Meanwhile, the market has witnessed in excess of $70 billion in gross proceeds from more than 200 SPACs so far this year, according to, and investors expect a robust pipeline in 2021.

Last month, online lender said it will enter the public markets through a, a special-purpose acquisition company led by billionaire.

— Christine Hall

Enterprise software

Tealium raises $96M: , a provider of customer data orchestration tools, that it has raised $96 million at a post-money valuation of $1.2 billion. Existing investors and led the Series G financing for the San Diego-based company.

— Joanna Glasner

E-commerce

Zetwerk lands $120M for parts marketplace: Bangalore-based , a 3-year-old startup that operates a business-to-business marketplace for manufacturing items,  $120 million in a a Series D financing round led by existing investors and .

— Joanna Glasner

Good Eggs bags $100M to expand in California: Online grocery delivery service , headquartered in San Francisco, announced $100 million in new funding led by . Citing , Good Eggs said the U.S. online grocery delivery market was poised to reach $150 billion in sales by 2026.

— Christine Hall

Health care and wellness

Flywheel, Oxefit, Bot MD raise rounds: , a data management platform for medical research and collaboration based in Minneapolis, $15 million in Series B funding co-led by and 1. Using Flywheel’s tool, organizations such as life sciences, clinical and academic institutions, can streamline and scale their research and machine-learning workflows.

Strength training system , based in Plano, Texas, closed on an oversubscribed $12.5 million Series A round led by . The company is developing an integrated fitness platform utilizing advanced robotics and artificial intelligence combined with proprietary hardware to offer targeted content and data-driven workout programs.

Meanwhile, in Singapore, raised $5 million in Series A funding to accelerate growth within the Asia Pacific region for its AI-powered clinical assistant aimed at improving patient care. The round was led by and included existing and new investors , and .

— Christine Hall

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