Funding roundup September 9 – September 16: Sonder, Kaloom and more

Dynamic Company provides you the critical startup fundraising from this week: 

Adobe acquires Figma for $20 billion

Program giant Adobe will buy startup Figma for nearly $20 billion in its biggest transaction to date. The settlement will make it possible for Adobe to boost its solutions for creative personnel.

For the duration of the pandemic, desire for Figma, which allows customers to collaborate on software program as they created it, enhanced as far more people today worked remotely. Figma’s backers incorporate venture cash companies Kleiner Perkins, Index Ventures and Greylock Partners.

Sonder raises AU$35m in Sequence B funding

Sonder, a primary wellbeing and protection organization, has currently introduced closing an AU$35 million Series B funding spherical. Blackbird Ventures led the oversubscribed round, with participation from new investors, including Find Investments and SecondQuarter Ventures, and current investors.

Together with Blackbird’s financial investment, Niki Scevak, Blackbird’s partner and co-founder, will sign up for Sonder’s Board.

Kaloom Secures $21 million in Funding 

Kaloom announced it secured an additional USD 21 million from the Quebec authorities and present investor, Alternative Capital Group (ACG), who matched the government of Quebec’s expenditure.

This latest investment will assist Kaloom’s go-to-sector technique and increase its current heterogeneous components approach by supporting more platforms like SmartNICs and Servers. 

Suzuki invests in Australian tech, Used EV

Used EV has shut the first tranche of two-part funding round, boosting AUD $21M at a valuation of AUD $170M. International automotive huge, Suzuki, has taken a strategic stake in the enterprise. St Baker Strength and Innovation Fund is also a major trader in this spherical. 

Utilized EV is an Australian Engineering business that has produced a car or truck control method centered fully on program regarded as the Electronic Spine for use in electrical cars focused
to autonomous driving programs.

Agtech startup Lleaf raises $3.5 million

Lleaf, a Sydney-based agtech company, has secured $3.5 million in a seed spherical for its light-emitting plastics for indoor agriculture.

The financing was led by Danish investment decision companies ALFA Ventures and 2 Degrees, with participation from The College of New South Wales and Cicada Innovations, in which Lleaf is located.

HealthMatch lands $10 million Sequence C

HealthMatch, a medical trials access startup, has lifted $10 million in Series C funding. Folklore Ventures, the company’s original backer, led the round.

Sq. Peg Capital produced an $18 million Sequence B investment in December 2020 and later invested in Collection C. In late 2019, Square Peg also led a $6 million series A round.

OccuRx raises $16 million for kidney condition trial

OccuRx, a biotech startup, has secured $16 million to fund medical trials for its oral treatment to take care of chronic kidney condition (CKD), a principal trigger of dying. Brandon BioCatalyst and Uniseed led the funding, which provided a $1.5 million grant from biomedical incubator CUREator.            

New funding prospects open up for sustainable start off-ups

By way of the start of the 2022 eco-Disruptive initiative, begin-ups in Australia, New Zealand, and Hong Kong will have the opportunity to receive income from Bupa to generate pilot options that profit the surroundings and people’s wellbeing. 

The eco-Disruptive programme, now in its second 12 months, connects start out-ups with specialised Bupa teams although delivering selected start off-ups with approximately $40,000 in early funding to generate radical solutions to the most urgent troubles struggling with our earth.

Selected start-ups will also contend for additional than $300,000 in funding to even more acquire their product or service.

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