Cruise pulled in $2B. The autonomous car company received the investment from Microsoft, Honda, GM and other contributors. It announced a partnership with Microsoft and GM formed toward its goal of bringing its fleet of self-driving vehicles to the commercial market. In teaming up with Microsoft, Cruise will be able to use the Azure platform to give its AVs access to the data and AI they need to function. [Built In SF]
TripActions raised $155M. Now a unicorn five times over, the company pulled in $155 million for its booking management platform in a Series E round led by Andreessen Horowitz. The new capital will enable TripActions to invest in product R&D as it pursues more growth. Currently, the company is hiring at its Bay Area offices with a focus on engineering, sales and operations. [Built In SF]
Volta got $125M. With the funds from an oversubscribed Goldman Sachs-led Series D, this company plans to up its investments in product, engineering and network infrastructure as it eyes international growth. Volta is a charging startup for electric vehicles. By displaying digital advertisements on its charging stations, it provides drivers with free power. The company is also hiring for finance, engineering and marketing roles at its San Francisco office. [Built In SF]
Imperfect Foods secured $95M. The company specializes in sustainable grocery delivery, offering hundreds of food items for households nationwide. Insight Partners will lead the Series D investment, and the company will use that money to fund the expansion of its product assortment, accelerate its private label program, improve the customer experience and support its farmers and partners. [PR Newswire]
Valtix raised $12.5M. Its cybersecurity platform helps companies secure their application environments in the public cloud networks AWS, Microsoft’s Azure and GCP. The funding came from investors Cisco Investments, Northgate Capital and TSG, and Valtix plans to use the money to further its product in the market. [Crunchbase News]
Curtsy got $11M. The Series A round was led by Index Ventures to help this company make developments to its clothing resale platform. Curtsy primarily targets women in the Gen Z age range to help both casual and experienced users sell their clothing and accessories. Its platform uses human review and machine learning to streamline the listing process, aiming to make it simple and quick for users to sell their merchandise. [TechCrunch]
.jpeg)
