Funding & Deal Highlights:
Syte, an e-commerce visual search platform from Tel Aviv, gets $30MM Series C to expand in the US and Asia markets.
RVshare, an RV rental company from Akron, Ohio, raised $100MM to capitalize on vacationers looking to travel safely. The company has seen a 650% increase in bookings between April to May 2020.
BrightFarms, a foodtech startup from New York, lands $100MM Series E funding to expand high-tech indoor farming across America. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors.
Jam, a collaboration-focused website development platform raised $3.5MM in seed funding to launch its public beta. The platform will allow developers and designers to track issues and make suggestions by bring chat, comments, and task management into a single website.
DYPER, a subscription-based diaper delivery service founded in Scottsdale, Arizona, received $20MM in funding, led by The Craftory.
NeuraLegion, an application security platform raises $4.7MM seed led by DNX Ventures. The Tel Aviv-headquartered company developed its platform for developers, quality assurance, and DevOps workers in mind, to allow security scans to run much earlier in the development process and help lower costs.
Vectary, a design platform that focuses on 3D and AR, has raised $7.3MM in funding led by EQT Ventures. The platform makes 3D and AR creation more accessible.
Fabric, a headless commerce platform raised $9.5MM in seed funding to help DTC and B2B companies build an eCommerce platform that suits their needs.
Klar, a new online bank from Mexico City, has received $15MM in equity funding from Prosus Ventures.
Sk Hynix, the Korean semiconductor, buys Intel’s NAND Memory business for $9BN. The transaction will make SK Hynix the world’s second-largest provider of NAND flash memory chips behind Samsung.