Kavak, a Mexico-based used-car marketplace, scored $700 million in Series E funding, giving the company a valuation of $8.7 billion. General Catalyst led the round, which included participation from Tiger Global Management, Founders Fund, Ribbit Capital and others.
Dapper Labs Inc., developer of the digital collectibles platform NBA Top Shot, picked up a $250 million investment led by Coatue Management. New investors BOND and GIC also participated in the round, alongside previous backers Andreessen Horowitz, GV and Version One Ventures.
Opentrons Labworks Inc., a Brooklyn, N.Y.-based lab automation startup, landed $200 million in Series C funding. SoftBank Vision Fund 2 led the round, which included support from Khosla Ventures. In addition to the funding, Opentrons named Greg Greeley to the post of president and chief operating officer, and Myrtle Potter as chair of the board. Mr. Greeley was previously president of Airbnb. Ms. Potter is currently chief executive of Sumitovant.
FLYR Labs, a San Francisco-based provider of a revenue operating system for airlines, travel and transportation, secured $150 million in Series C funding. WestCap Group led the round, which included contributions from Silver Lake Waterman, WndrCo, Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures and Gopher Asset Management.
Lilac Solutions, an Oakland, Calif.-based lithium extraction technology provider, held the first close of a $150 million Series B round. Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates Inc. led the investment, which included participation from Mercuria Energy Trading, Valor Equity Partners, Breakthrough Energy Ventures and The Engine.
sunday, an Atlanta-based restaurant payment app, raised $100 million in Series A funding. Coatue Management led the round, which saw participation from partners of DST Global and others.
StreamElements, a Tel Aviv-based provider of engagement and monetization tools for live and video-on-demand content creators, nabbed a $100 million investment. SoftBank Vision Fund 2 led the funding, which included support from PayPal Ventures, State of Mind Ventures, Pitango and others. In addition to the round, StreamElements named Gil Hirsch as chief executive, Yuval Tal as chief operating officer, Jason Krebs as chief business officer, Udi Hoffmann as chief financial officer and Doron Nir as president.
Ocrolus Inc., a New York-based digital lending automation platform, grabbed $80 million in Series C financing at a valuation north of $500 million. Lead investor Fin Venture Capital was joined by Thomvest Ventures, Mubadala Capital, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Invicta Growth, Stage 2 Capital and Cross River Bank in the round. Logan Allin of Fin Venture Capital joined the company’s board.
Garuda Therapeutics, a Natick, Mass.-based developer of blood stem cell therapies, launched with an oversubscribed $72 million Series A round led by Aisling Capital, Northpond Ventures and Orbimed.
Iron Ox Inc., a San Carlos, Calif.-based indoor farming startup, completed a $53 million Series C round led by Breakthrough Energy Ventures. Previous investors in the company include Crosslink Capital, R7 Partners, Pathbreaker Ventures, Eniac Ventures, Amplify Partners, At One Ventures and Y Combinator.
6K, a North Andover, Mass.-based producer of sustainable advanced materials for energy storage and additive manufacturing powders, closed a $51 million Series C round. Lead investor Volta Energy Technologies was joined by Prithvi Ventures, LaunchCapital, Anzu Partners and others in the new funding.
Bigeye, a San Francisco-based data observability platform, secured a $45 million Series B round. Coatue Management led the funding, which saw participation from Sequoia Capital and Costanoa Ventures.
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