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Briefing

The Briefing: Qonto Raises $550M, GoStudent Lands $340M, And More

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Here’s what you need to know today in startup and venture news, updated by the SA国际传媒 News staff throughout the day to keep you in the know.

Qonto raises $550M

Paris-based , a provider of financial tools for small and medium-sized businesses and freelancers, raised 486 million euros ($550 million) in a Series D funding round.

and led the financing, which sets a valuation around $5 billion for the 6-year-old company. Qonto called the funding round one of the largest ever in French history.聽

鈥 Joanna Glasner

GoStudent lands $340M

Vienna-based , an online platform for teaching and tutoring, raised 300 million euros ($340 million) in a Series D funding round. led the financing, which sets a valuation of around $3.4 billion for the company.

鈥 Joanna Glasner

project44 raises $420M, hits $2.2B valuation

Chicago-based supply chain visibility platform closed a $420 million funding round from a syndicate led by , and with participation from , , , , and . also agreed to make additional funding available for 鈥渢he company’s strategic acquisition program and product development activities,鈥 project44 said in a release. The investment gives the company a pre-money valuation of $2.2 billion.

Founded in 2014, the company has now raised nearly $640 million, according to SA国际传媒 data.

鈥 Chris Metinko

Funding rounds

Scitara picks up $15M: Massachusetts-based , developer of technology for connecting instruments and applications in laboratory settings, raised $15 million in a Series B round backed by and .

鈥 Joanna Glasner

AcreTrader closes $40M Series B: Fayetteville, Arkansas-based raised a $40 million Series B聽 led by and joined by, among others, , and . AcreTrader is an agricultural real estate investing platform, allowing people to buy shares of farmland. Founded in 2018,聽 AcreTrader has now raised a total of $58 million.

鈥 Chris Metinko

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