Snyk Ltd., a Boston-based cloud-native application security provider, scored a $530 million Series F round co-led by Sands Capital Ventures and Tiger Global Management, giving the company a valuation of $8.5 billion. New investors Baillie Gifford, Koch Industries, Lone Pine Capital, T. Rowe Price and Whale Rock Capital Management also contributed to the funding, alongside previous backers including Accel, Addition, Atlassian Ventures, funds managed by BlackRock, Boldstart Ventures, Canaan Partners, Coatue Management, Geodesic Capital, Salesforce Ventures and Temasek Holdings. In addition
to the new funding, Synk added Dino DiMarino as chief revenue officer. He previously held the same position at Mimecast.
Varo Bank NA, a San Francisco-based digital banking startup, picked up a $510 million round of growth capital led by Lone Pine Capital. Other new investors Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners/Stockbridge, and funds and accounts managed by BlackRock also participated in the new funding, along with returning backers including Warburg Pincus, The Rise Fund, Gallatin Point Capital and HarbourVest Partners.
Solugen Inc., a Houston-based manufacturer of chemicals such as hydrogen peroxide from plant-based materials, raised over $350 million in Series C funding. GIC and Baillie Gifford led the round, which included additional support from Temasek Holdings, funds and accounts managed by BlackRock, Carbon Direct Capital Management, Refactor Capital and Fifty Years.
Aviatrix, a Santa Clara, Calif.-based provider of networking and security services to multicloud enterprises, raised $200 million in Series E funding led by TCV, bringing the company’s valuation up to $2 billion. Additional new investors Insight Partners and Tiger Global Management also participated in the round, along with existing backers CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners. Tim McAdam, general partner at TCV, will join the Aviatrix board.
Scalapay, a Milan-based startup that breaks up payments to merchants into three installments with no interest, secured $155 million in Series A financing at a $700 million valuation. Tiger Global Management led the round, which included support from Baleen Capital, Woodson Capital, Fasanara Capital and Ithaca Investments.
Mammoth Biosciences Inc., a Brisbane, Calif.-based startup using genome-editing technology to tackle problems in industries such as healthcare and biodefense, grabbed a $150 million Series D round. Redmile Group led the investment, which included participation from Foresite Capital, Senator Investment Group, Sixth Street, Greenspring Associates, Mayfield, Decheng Capital, NFX and Plum Alley Investments.
MNT-Halan, a Cairo-based lender to the unbanked, secured about $120 million in funding from investors including Apis Partners, Development Partners International, Lorax Capital Partners, Middle East Venture Partners and Endeavor Catalyst.
Attralus Inc., a South San Francisco, Calif.-based developer of transformative medicines to treat patients with systemic amyloidosis, completed a $116 million Series B round. Lead investor Logos Capital was joined by Janus Henderson Investors, Redmile Group, Samsara BioCapital, Sarissa Capital Management, Surveyor Capital, Vivo Capital and venBio in the funding. Jake Bauer along with Alexander Denner, chief investment officer of Sarissa Capital Management, will join the board.
Beauty Pie, a luxury beauty-product membership club, closed a $100 million Series B round. Index Ventures and Insight Partners co-led the funding, which included participation from Balderton Capital and General Catalyst.
Lexeo Therapeutics Inc., a New York-based gene-therapy startup, landed $100 million in Series D funding. D1 Capital Partners and Eventide Asset Management led the round, which included contributions from Longitude Capital, Omega Funds, Lundbeckfonden Ventures, PBM Capital, Alexandria Venture Investments and others.
Orchard, a New York-based home buying and selling startup, snagged $100 million in Series D funding, at a valuation of over $1 billion. Accomplice led the round, which saw participation from FirstMark Capital, Revolution, Juxtapose and others.
Affinity, a San Francisco-based relationship intelligence platform for dealmakers, secured $80 million in Series C financing. Lead investor Menlo Ventures was joined by Advance Venture Partners, Sprints Capital, Pear Ventures, Sway Ventures, MassMutual Ventures and others in the round.
SingleStore, a San Francisco-based database services provider, fetched an $80 million Series F round. Insight Partners led the funding, which saw additional participation from Hewlett Packard Enterprise, Khosla Ventures, Dell Technologies Capital, Glynn Capital and GV.
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