The Funding Warrior is a weekly news feature that runs down this week’s leading funding stories. Here’s a list of top startup funding stories (Jan 6-8, 2022):

Jan 8
Labelbox, a San Francisco, California-based company that provides a training data platform for machine learning applications, raised $110 million in Series D funding round. This latest funding round was led by SoftBank’s Vision Fund 2 with participation from Snowpoint Ventures and Databricks Ventures. Previous investors Andreessen Horowitz, B Capital Group, and Catherine Wood (CEO and founder of ARK Invest) also joined the funding round.

Jan 7
Zuddl, a US and India-based virtual and hybrid events platform that helps enterprises design immersive experiences, raised $13.35 million in Series A funding round. Alpha Wave Incubation (AWI) led this funding with participation from existing investors GrowX and Waveform Ventures. Zuddl’s customers include big tech companies such as Microsoft and Google.

Jan 7
OpenSea, the popular NFT marketplace that allows creators and developers to sell their NFT collections, raised $300 million in Series C Funding, bringing a post money valuation to a whopping$13.3 billion. Paradigm and Coatue led this funding round with participation from new and existing investors.

Jan 7
HawkEye 360, a Herndon, Virginia-based commercial provider of space-based radio frequency (RF) data and analytics, raised $5 million investment from Leidos. This latest investment brings the total value of Series D funding to $150 million. PJT Partners along with existing investors led this latest funding round.

Jan 7
Pendulum, a US-based provider of AI/Machine Learning-powered technology platform for companies and government organizations, raised $5.9 million in seed funding. Madrona Venture Group led this latest investment round with participation from Cercano Management and others.

Jan 7
Avataar, a Bangalore, India-based company that provides an AI and Computer Vision platform that powers large global eCommerce marketplaces and D2C brands, raised $45 million in Series B funding round. Tiger Global led this funding with participation from existing investor Sequoia Capital India.

Jan 7
AN2 Therapeutics, a Menlo Park, California-based a clinical-stage biopharmaceutical company that focuses on developing novel therapies to treat serious infectious diseases, completed an $80 million Series B redeemable convertible preferred stock financing, which led by RA Capital Management. BVF Partners L.P., Surveyor Capital, Avidity Partners, Monashee Investment Management, and Hatteras Venture Partners also joined this financing round.

Jan 7
Remilk, a Tel Aviv, Israel-based global player in the development of animal-free dairy food products, received $120 million fresh funding in Series B funding round. US-based Hanaco Ventures led this funding round with participation from Precision Capital, Rage Capital, CPT Capital, Intercap, OurCrowd, Aliya Capital, and Chartered Group. Tal Ventures, Indorama Ventures, Fresh Fund, Idan and Gil Ofer, Izaki Ventures, and Paradigm Shift Fund also joined the funding round.

Jan 6
VeriSIM Life, a San Francisco, California-based company that developed a computational platform that leverages advanced AI and ML techniques to improve drug discovery and development, completed its $15 million Series A funding round. Morpheus Ventures led this funding round with participation from Debiopharm Innovation Fund and Colorcon Ventures, and existing investors Intel Capital, OCA Ventures, Serra Ventures and Susa Ventures.

Jan 6
Symbridge Holdings LLC, a Greenwich, Connecticut.-based company that provides trading solutions and a wide range of digital assets to investors and traders, received $9 million strategic funding. New investor Traxys North America LLC, (a physical commodity trader and merchant in the industrial sector) led this funding round.

Jan 6
Angel Studios, a Provo, Utah-based community-driven movie studio that powers crowdfunded shows, raised $47 million in fresh funding. Gigafund and Uncorrelated Ventures led this funding round, with participation from Alta Ventures and Kickstart Fund.

Jan 6
PayFit, a France-based provider of next-gen payroll and HR management solution for small businesses, raised €254 million in Series E funding. General Atlantic led this funding round with participation from existing investors Accel Ventures, Eurazeo, and Bpifrance.

Jan 6
Lineage Logistics, LLC, a Novi, Michigan-based company that provides temperature-controlled industrial REIT and logistics solutions, completed over $1.7 billion in equity funding. Backers included BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan (HOOPP), and NYSTRS. QuadReal Property Group, OP Trust, Rabobank, Oxford Properties, and StepStone also joined the funding round.

Jan 6
ReadyWorks, a New York City-based company that provides a digital platform conductor (DPC), secured a $8 million Series A financing. The funding round was led by Credit Suisse Asset Management’s NEXT Investors. ReadyWorks’ technology solutions, which leverages AI and intelligent automation, helps companies address the risk and cost of IT infrastructure transformation.

Jan 6
Sunrate, a Shangai, China-based fintech company that provides global payment and treasury solutions for business clients, completed its Series C financing round of undisclosed amount. SoftBank Ventures Asia led this latest round of investment, with participation from new investors Banyan Pacific Capital (BPC), and TDF Impact Investment. Previous investors China Growth Capital, Redpoint China, JAFCO Asia, and K2VC also joined the funding round.

Jan 6
iProov, a market-leading provider of online facial biometric authentication solutions that used by companies and government agencies, raised $70 million in growth funding. Sumeru Equity Partners led this latest funding. As part of the investment deal, Kyle Ryland, Managing Partner of Sumeru, will be joining the iProov board. iProov, a world leader in online facial biometric authentication, operates and maintains offices in London, Maryland and Singapore.




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