Flink ink $ 240 million, SentinelOne files for IPO, etc.
Here’s what you need to know today in startup and business news, updated by Crunchbase News staff throughout the day to keep you in the know.
Subscribe to Daily Crunchbase
German grocer Flink wins $ 240 million Series A
Founded in 2020, the company operates in a number of European cities, most of them in Germany, with plans for continued expansion to new metropolitan areas.
The funding round comes as competition continues to intensify in the European grocery delivery market, with several startups considering a chance to take a significant stake in what is expected to be a large and growing industry.
– Joanna Glasner
SentinelOne files for IPO: Cybersecurity company SentinelOne has filed its IPO prospectus for an offer scheduled on the New York Stock Exchange under the stock symbol S. Founded in 2013, the Silicon Valley-based company previously raised nearly $ 700 million in known funding, according to data from Crunchbase.
Teemyco raises $ 3.2 million for a virtual office: Based in Stockholm Teemyco, developer of a customizable virtual desktop platform, raised $ 3.2 million in a round led by 42CAP. The startup aims to provide an online platform that promotes spontaneous interactions between employees in remote locations.
– Joanna Glasner
Fintech and e-commerce
Hungryroot Bags $ 40 Million: Hungry root, an AI-powered personalized grocery service, announced a $ 40 million Series C funding round led by L Catterton. Founded in New York City in 2015, the new investment gives Hungryroot a total of $ 75.4 million in known venture capital, according to data from Crunchbase. The company said it would invest the new funds in increasing the number of grocery stores and recipes on offer, team growth, technology development and marketing.
FQX raises $ 4.7 million: based in Germany FQX SA received $ 4.7 million in seed funding led by Earlybird venture capital. The company facilitates trade finance and money markets using eNotes, a short-term financing and payment instrument based on blockchain technology.
Banks Foundation Devices $ 2 million: Foundation devices, a Boston-based integrated device and services design company that delivers a best-in-class user experience for a cryptocurrency user base, has raised more than $ 2 million in seed funding. Lock drives the investment.
– Christine Hall
Drawing: Dom guzman
Keep up to date with the latest rounds of fundraising, acquisitions and more with Crunchbase Daily.