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Databricks raises $1bn as valuation surpasses $100bn
Databricks, the global data and AI firm founded by the creators of Apache Spark and Delta Lake, has announced major financial and operational milestones...
Robinhood confirms $1.3bn valuation after $110m round, hits two million users
Stock trading app Robinhood is confirming its $1.3bn valuation and announcing a $110m Series C round. Alongside the capital and valuation, the company is revealing a new milestone in having passed two million users globally.
Monzo banks £19.5m, looks to crowdfund £2.5m more
The app-only bank has already closed £19.5m in a Series B round led by Thrive Capital and plans to raise a further £2.5m through crowdfunding.
Raisin picks up €30m for deposits marketplace
Berlin-based banking deposit marketplace Raisin has closed €30m in a Series C funding round led by US VC Thrive Capital. Ribbit Capital and Index Ventures also participated.
Lemonade squeezes $33m more out of investors
Peer-to-peer insurance startup Lemonade has picked up $33m in a Series B round of funding according to an SEC Filing.
