Weekly Female Founder Funding Update
Crunchbase released an analysis that shows over $8 billion in funding internationally has gone to women-led companies since the start of 2019.
Here are the biggest deals:
Grab, $1.46 billion, Series H, Tan Hooi Ling, Co-Founder
Singapore-based ride-sharing service. SoftBank Vision Fund led the raise.
Horizon Robotics, $600 million, Series B, Annie Tao, Co-Founder, VP Operations
Beijing-based AI for robots. Investors include Morningside Venture Capital, Hill House Capital, Sequoia Capital, GSR Ventures, Linear Venture, Innovation Works, ZhenFund, Wu Capital, Tsing Capital, and Vertex Ventures.
DaDa, $255 million, Series D, Hui Zhi, Founder and CEO
Shinghai-based online English training institution for one-on-one online tutoring. Investors include Warburg Pincus, TAL Education Group and Yonghua Capital.
Zilingo, $226 million, Series, D, Ankiti Bose, Co-Founder and CEO
Singapore-based online fashion marketplace. Round investors include Temasek Holdings, Sofina, Sequoia Capital India, EDBI, Burda Principal Investments and Angel Capital Management.
Relex Solutions, $200 million, Series Unknown, Joanna Smaros, Founder and Director, Scandinavia
Finnish retail and supply chain system. Led by TCV.
From that same Crunchbase analysis, Underwire discovered three missed raises by U.S. companies:
Confluent, $125 million, Series D, Neha Narkhede, Co-Founder and CTO
Palo Alto-based streaming platform, backed by Sequoia. (Website)
Andela, $100 million, Series D, Christina Sass, Co-Founder and COO
New York-based distributed engineering teams with Africa’s top software developers, led by Generation Investment Management. (Website)
ImpactAlpha, $100 million, Zuleyma Bebell and Avary Kent, Co-Founders
Berkeley-based, investment news media organization. Led by Equilibrium Capital. (Website)
Funding update for week of March 11, 2019
KonMari Media, $40 million, Marie Kondo, Founder
Marie Kondo, the author, businesswoman, and personality behind the popular Netflix series “Tidying Up,” is reportedly in talks to raise up to $40 million in venture funding to scale her personal media brand, KonMari Media. Details undisclosed. (Website)
Kuli Kuli, $5 million Series B, Valerie Popelka, Anne Tsuei, Lisa Curtis, Co-Founders
Oakland-based superfood brand. Griffith Foods led the round, joined by eighteen94 capital, InvestEco, S2G Ventures, Authentic Ventures, VilCap Investments and Rocana Venture Partners. (Website)
Luminary Media, $60 million, Series Unknown, Lauren Perkins, Co-Founder, Head of Talent
New York-based podcast subscription service. Notably, they haven’t launched an actual product. Lead investor was New Enterprise Associates. Two male co-founders. (Website)
Max-Bone, Undisclosed, Parisa Fowles-Pazdro, Founder and CEO
Los Angeles and New York-based pet label, raised Series A funding of an undisclosed amount. Colle Capital led the round, joined by investors including Cooley LLP. (Website)
SheEO 2019 U.S. Finalists
SheEO offers another path to funding for majority woman-owned companies with at least $50,000 in revenue and mission to better humanity.
This year’s U.S. Finalists:
Farm From a Box