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Enable bags $45M for B2B rebate management platform

TechCrunch

Enable , a startup developing a cloud-based software tool for business-to-business rebate management, announced Wednesday a $45 million Series B funding round. The round is led by Norwest Venture Partners with participation from existing investors Menlo Ventures and Sierra Ventures, and a group of angel investors.

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FreshToHome nets $104m in Series D led by Amazon Smbhav Venture Fund

AsiaTechDaily

The round was lead by Amazon Smbhav Venture Fund and was also participated by existing investors like Iron Pillar; Investcorp or the Investment Corporation of Dubai, which is the principal investment arm of the Government of Dubai; and Ascent Capital, among others. Government’s development finance institution – DFC.

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Indonesian social commerce app KitaBeli gets $10M led by Go Ventures

TechCrunch

The round was led by Gojek’s investment arm Go Ventures, with participation from returning investors AC Ventures and East Ventures. Its new funding will be used to expand KitaBeli’s operations in Java, growing its logistics network and developing its mobile app.

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Nylas, maker of APIs to integrate email and other productivity tools, raises $120M, passes 40K developers

TechCrunch

This is more than double what Nylas had raised up to now ($55 million since being founded in 2015), and when it last raised — a $16 million Series B in 2018 — it said it had “thousands of developers” among its users. Now, that number has ballooned to 40,000, with Nylas processing some 1.2

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Insight Partners leads $30M round into Metabase, developing enterprise business intelligence tools

TechCrunch

million in funding since it was founded in 2015. Metabase was developed within venture studio Expa and spun out as an easy way for people to interact with data sets, co-founder and CEO Sameer Al-Sakran told TechCrunch. Metabase previously raised $8 million in Series A funding back in 2019, led by NEA.

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Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

TechCrunch

The fund, created with the backing of Oxfam Novib Impact Investments, will provide venture debt with a focus on mezzanine finance, which is a debt that can be turned into equity. The fund targets high-impact tech-enabled businesses, “because the combination of tech and brick-and-mortar works best in these environments.

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Will quantum computing remain the domain of the specialist VC?

TechCrunch

McKinsey expects the chemical and pharma industries to be the first potential users of quantum computing, enabling the accurate simulation of larger numbers of atoms and molecules, which is not possible today using classical supercomputers. The company was founded in 2015, and it went public in 2021 through a SPAC at a $2 billion valuation.

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