Aptos Raised $200M, Bear Robotics Got $81M, and More Bay Area Tech News

Here’s what you may have missed in the world of San Francisco tech.

Written by Delilah Alvarado
Published on Mar. 21, 2022
Aptos Raised $200M, Bear Robotics Got $81M, and More Bay Area Tech News
Photo: Webflow
Photo: Webflow

Catch up on the latest news coming out of the Bay Area, including new capital raises, hiring initiatives and innovations. This is the Built In SF weekly refresh.

Aptos raised $200M. Aptos aims to bring equity in the crypto space by making its own blockchain on its own decentralized network. Aptos raised $200 million led by Andreessen Horowitz that will be used for product development and to increase its employee headcount. The company currently has 13 tech roles to fill. [Built In SF]

Cowbell Cyber got $100M. The Series B round was led by ​​Anthemis Group. Cowbell Cyber provides cyber insurance to small to medium-sized businesses by using AI to gauge risk and pricing. The funding will be used to invest in different aspects of its insurance and expand its go-to-market channels, among other initiatives. [Cowbell Cyber]


“With hundreds of thousands of customers now entrusting us with their mission-critical websites, we’re able to invest in building and sustaining a platform that you can build your business on.” — Vlad Magdalin, co-founder and CEO of Webflow

Webflow raised $120M. Webflow is a no-code platform that allows users to easily create websites. The $120 million Series C was led by YC Continuity and raised Webflow’s valuation to $4 billion. In addition to the fresh funding, Webflow also announced its community grants program that will invest $10 million into its users. The company is now hiring for 60 positions. [Built In SF]

Bear Robotics brought in $81M. Bear Robotics provides technology solutions for the restaurant and hospitality industry and has a fleet of autonomous service robots. Bear Robotics raised $81 million in a Series B round that will go toward its technology and solutions. [Bear Robotics]

In more VC funding news: Socotra, which provides a core platform for the insurance industry, raised $50 million in a Series C round that will go toward expanding the platform’s functionality and reach. [Socotra]

Low-code, live video platform 100ms gained $20 million in a Series A round to “build deeper-than-physical live video experiences,” according to its website. [100ms]

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