The Week’s 10 Biggest Funding Rounds: NYDIG Sees A Billion-Dollar Round, Airtable Becomes a Decacorn
Summary
In particular, two crypto companies made the top five, helping solidify that 2021 will be known as the year digital currencies truly arrived. The company has a Bitcoin platform that enables delivery of the cryptocurrency across multiple industries and has capabilities such as asset tokenization and smart contracts. The platform, which helps companies improve workflow, raised a $735 million Series F led by XN at an $11 billion valuation—almost double its valuation from earlier in the year. The company raised a new $350 million Series G led by Permira’s growth fund, a deal that more than doubled its valuation to $2.5 billion in just eight months. SnapLogic’s platform helps large companies with enterprise automation and digital transformation initiatives.