Weekly Top-tier Fundraising Apr. 19th
1 Indonesian logistics company raises $63 mn 2 Platform for home care suppliers and patients raises $25 mn 3 Small, low-cost communications satellite raises $250 mn ... and 4 other
SEQUOIA CAPITAL
①Shipper / Indonesia's logistics platform B2B Logistics
$63 mn Series B
Highlights: In Indonesia, a market with 17,000 islands, logistics costs are high; Shipper is trying to solve this problem by connecting and digitally managing delivery companies in each region.
②Benchling / Life science R&D platform B2B software
$200 mn Series E
Highlights: Until now, scientists have had to capture, store, and analyze vast amounts of data; Benchling simplifies this process, allowing researchers to focus on more value-added work.
③Bigeye / Automated B2B software for data quality monitoring
$200 mn Series E
Founded by two people who used to lead the data quality team at Uber.
Highlights: Until now, it has been time-consuming for customers to create machine learning models to ensure that the data they use is of sufficient quality.
FOUNDERS FUND
①Scale AI / AI data platform B2B software
$325 mn Series E
Highlights: Until now, companies have had to spend a great deal of time creating highly accurate and organized data to create advanced AI applications; Scale AI is trying to solve that problem.
②Multiply Labs / Developing an automated pharmaceutical manufacturing system B2B robotics
$20 mn Series A
Highlights: Until now, pharmaceutical companies have had to incur significant costs to scale up production of new drugs; Multiply Labs' robotics technology aims to solve this problem.
ANDREESSEN HOROWITZ
①Tomorrow Health / Home Care Supplier and Patient Platform B2C Healthcare
$25 mn Series A
https://home.tomorrowhealth.com/
Highlights: With the shift to home healthcare due to the pandemic, patients and families themselves have had difficulty finding the best equipment and other suppliers. Tomorrow Health is trying to solve this problem.
②Astranis / Manufacturing small, low-cost communication satellites B2B Space
$250 mn Series C
Highlights: Previous space startups have tried to provide low-cost broadband on Earth by building a group of satellites in low Earth orbit. Astranis, on the other hand, targets areas where large legacy communications satellites are in operation, orbiting the earth in a fixed position to provide communications connectivity.