Verkor, a French electric-vehicle battery startup, raised €2.1 billion (about $2.25 billion) to help launch a planned factory. The company said the round includes €850 million from Macquarie Asset Management, Meridiam, Renault, EQT Ventures, EIT InnoEnergy and Sibanye-Stillwater, €600 million from the European Investment Bank, and €650 million from French government subsidies. Funding from the French government is pending approval from the European Union while the capital from other investors is subject to standard regulatory approval, Verkor said.
Databricks, a data and artificial intelligence platform, grabbed over $500 million in Series I funding, giving the company a valuation of $43 billion. Funds and accounts advised by T. Rowe Price Associates led the round, which included additional support from Andreessen Horowitz and others.
Helsing, a Munich-headquartered defense company specializing in artificial intelligence-based software technologies, landed €209 million (about $222 million) in Series B funding led by General Catalyst. Saab contributed €75 million toward the round for a 5% stake in the company.
Pixis, a San Francisco-based developer of artificial intelligence technology for growth marketing, secured $85 million in Series C1 funding. Touring Capital led the round, which included participation from General Atlantic, Celesta Capital and others.
UBQ Materials, an Israel-based startup that has created a plastic substitute made from unrecyclable household waste, closed a $70 million investment led by Eden Global Partners.
Tarana Wireless, a Milpitas, Calif.-based wireless broadband technology provider, picked up a $50 million investment led by Digital Alpha Advisors.
floLIVE, a London-based cellular data network provider, raised $47 million in Series C funding co-led by Greenfield Partners and 83North.
Beam Benefits, an employee benefits provider offering dental, vision, life, disability and supplemental health coverage, collected a $40 million investment led by Georgian.
Kin, a Chicago-based home insurance startup, completed a $33 million Series D extension led by QED Investors, bringing the Series D total to $142 million.
ELSA, a Los Gatos, Calif.-based company leveraging machine learning and speech recognition technology to teach English, fetched $23 million in Series C funding led by UOB Venture Management.
Pahdo Labs, a New York-based game studio, secured $15 million in Series A financing led by Andreessen Horowitz.
Optera, a Boulder, Colo.-based ESG and carbon management software provider, raised $12 million in Series A funding led by Next Frontier Capital. The company helps companies reduce their environmental impact by providing carbon accounting technology, actionable insights and forecasts, and tools to collaborate with supply chain and investment partners.
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