The Briefing: iCapital Network Raises $440M, Duolingo IPO Pops, And More

Funding Rounds

▤ Summary

Alternative investing platform iCapital Network this week said it has raised $440 million in fresh financing at an approximately $4 billion valuation. Marco, a financing platform for small and medium-sized export businesses in the U.S. and Latin America, said this week that it raised $82 million in funding led by Kayyak Ventures. “Banks aren’t built to serve the needs of smaller companies; they often make SMEs wait around 90 days before rejecting over 50% of trade finance applications. AI startup Brain Technologies on Wednesday announced the launch of its Natural app and said that it has raised more than $50 million in new funding from investors including Laurene Powell Jobs, Goodwater Capital, Scott Cook and WTT Investment. Simply tap on the one you like and check out with Apple Pay.” The company said it’s currently focused on commerce use cases including food delivery, buying groceries, travel booking and retail shopping.

$ Funding

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Amount $105.0M Total raised
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Date July 28, 2021 Announcement date
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Investors - Lead investors
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Company http://www.class.com Funded company

▥ Classifications

industries
EduTech - institutions
applications
Web and Content Management

◇ AskAI Classifications

Labels
SaaS EdTech Software Collaboration Software

▦ Linked Companies

Nae-Design Sydney
$1M to $5M