 Chief platform Women’s leadership network Chief raised $100M in Series B financing at a $1.1B valuation. Alphabet’s CapitalG led the funding with participation from existing investors General Catalyst, GGV Capital, Inspired Capital, Primary Ventures, and Flybridge. Including the recent funding, Chief has secured a total of $140M to date. More: - Chief provides career development and private networking platform with an aim to empower women to advance to higher leadership positions in their respective organizations.
- The platform hosts networking events, workshops, and peer support groups.
- Over 12,000 senior executives have already enlisted on the platform, with approximately 60,000 more women on the waitlist.
- Current members on the platform represent over 8,500 companies, most notably HBO, American Express, Nike, Google, Apple, NASA, Pfizer, and others.
- Incoming funds will be used to further develop the platform, to provide personalized insight recommendations and networking opportunities.
- In addition, the company will provide $1M per year to nonprofits that promote diversity, equity, and inclusion in executive leadership.
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Docker raised a $105M Series C investment led by Bain Capital Ventures. The San Francisco-based firm was valued at $2.1B at the recent fundraiser. Docker provides cloud-native development tools and services. More: - In 2019, the startup restructured itself to focus solely on developer tools by selling off its enterprise division and associated IP to Mirantis.
- The company recently posted $50M in annual recurring revenue, four times greater than the earlier fiscal year.
- Docker has raised $163M to date, consisting of a $35M Series A and a $23M Series B investment received in 2019 and 2021, respectively.
- New investors Atlassian Ventures, Citi Ventures, Vertex Ventures, and Four Rivers joined existing investors Benchmark Capital, Insight Partners, and Tribe Capital in the recent funding.
- Docker’s customer base includes 56,000 enterprise customers.
- Proceeds from the funding will help accelerate product development and expand reach into markets.
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Gopuff is on the verge of securing $1B in financing led by Guggenheim Partners, per Bloomberg. According to sources, the investment could take the form of a convertible note. It was previously reported that it was considering a public offering later this year, but IPO plans appear to have been shelved due to the market downturn. More: - The financing news comes on the heels of Gopuff’s announcement yesterday to lay off 3% of its 15,000-strong workforce. Read Inside.com’s full coverage in yesterday’s eCommerce newsletter here.
- The Accel, Blackstone, and SoftBank-backed food and alcohol delivery service generated $2B in revenue in 2021, buoyed by a 70% order volume growth compared to a year earlier.
- Per Crunchbase, it has received $3.4B in funding to date, with the most recent fund infusion being a $1B Series H in July 2021.
- The last-mile quick delivery sector is witnessing dwindling investor interest as a result of fierce competition amongst newer delivery apps promising under 15-minute goods delivery.
- Russian-backed Buyk Corp filed for bankruptcy earlier this month.
- Instacart Inc reduced its valuation by ~40%.
- Fridge No More ceased operations following a failed acquisition deal with DoorDash.
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 Deepki platform French PropTech startup Deepki raised $166M (€150M) Series C funding. The startup provides a SaaS platform to monitor ESG (environmental, social, and governance) objectives, including carbon emissions targets, set out by respective real estate clients. Highland Europe and One Peak Partners co-led the funding. More: - The platform collates data and analyzes energy consumption, water usage, and waste collection across the client’s real estate portfolio.
- Deepki currently monitors 500 million square meters of real estate.
- Notable clients include AEW, Allianz Real Estate, Azora Capital, and others.
- New investors Bpifrance’s Large Venture fund and Revaia were joined by existing investors Hi Inov and Statkraft Ventures in the funding.
- Proceeds from the funding will help fuel innovation, grow the team by 200 employees, expand operations in the U.S., and fund strategic acquisitions.
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Los Angeles-based aerospace and defense industry machine-parts startup Hadrian Automation raised $90M financing. Lux Capital and Andreessen Horowitz co-led Hadrian's second funding round. Per CNBC, the firm's valuation ranged between $200M and $1B. More: - Hadrian hopes to consolidate the currently fragmented aerospace manufacturing supply chain at a central location and reportedly manufactures parts "10 times faster and more efficient(ly) than anybody else," per founder and CEO Chris Power.
- The funding saw participation from Lachy Groom, Caffeinated Capital, Founders Fund, Construct Capital, and 137 Ventures.
- Part of the proceeds from the fundraiser will help build a second 100,000 square-foot factory in Torrance, California.
- Funding will also be used to double its workforce.
- The company currently manufactures aluminum components for three rocket and satellite companies, with plans in place to include steel and other hard metal manufacturing shortly.
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Egypt-based fintech platform Khazna received a $38M Series A investment from Quona Capital. Since its founding in 2019, the company has secured $47M in total funding to date. Khazna provides buy-now-pay-later (BNPL), debit cards, and other financial solutions specifically catering to middle and lower-income earners. More: - Over 1,000 merchant stores in Egypt provide Khazna’s BNPL solution as a payment option.
- Its recently launched earned wage cash advance product named Khazna HR has gained significant traction in India, Nigeria, and Indonesia.
- Khazna expects to have 1 million customers on its platform by the end of 2022. Their platform currently has 150,000 users.
- The funding round saw participation from Nclude, Speedinvest, Khawarizmi Ventures, Algebra Ventures, Accion Venture Lab, and Disruptech.
- The fintech startup claims to be a market leader in catering to the unbanked 35 million customers in Egypt.
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- Milwaukee-based Hammes Partners closed its third oversubscribed fund at $739M in capital. Similar to the prior funds, Hammes will continue to invest and acquire healthcare real estate in the U.S.
- Irvine-based voice, audio, and image deep learning solution provider Syntiant secured $55M funding. Renesas Electronics Corporation, Millennium Technology Value Partners, and Mirae Asset Capital participated in the funding.
- Toronto-based medical imaging sharing platform PocketHealth raised $16M in Series A financing led by Questa Capital. Radical Ventures participated in the funding.
- Black Crow AI raised $25M Series A funding led by Imaginary Ventures. Primary Venture Partners, Bloomberg Beta, Interlock Partners, and Vast Ventures backed the funding. The New York-based company predicts customer purchases using its AI-driven platform.
- Data security company Antimatter emerged from stealth with a $12M Series A round. NEA led the funding with participation from General Catalyst, UNION Labs, and others.
- Job skills training platform Pursuit raised $10M funding led by Blue Earth Capital, with participation from the Inherent Foundation, ETF@JFFLabs, Alphadyne Foundation, and other individual investors.
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 |  | Karan Chafekar is a Management Consultant, Business enthusiast, and Licensed Pilot. | | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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