Here’s what you need to know today in startup and venture news, updated by the ºÚÁÏ³Ô¹Ï News staff throughout the day to keep you in the know.
PE firm TPG lists at a $9B valuation
San Francisco-based private equity firm raised $1 billion in its public debut valuing the company at $9 billion. It is the first U.S. listing in 2022, and is trading on under the ticker symbol TPG. The firm invests across five areas; capital, growth, impact, real estate and market solutions, and has $109 billion in assets under management, according to its announcement.Â
— Gené Teare
Flipdish picks up $100M for online ordering
, provider of a platform for food purveyors to offer branded online ordering, raised $100 million in a Series C funding round.
led the financing, which sets a valuation of over $1.25 billion for the 7-year-old company. The deal follows a $48.5 million investment from in February 2021. The latest investment will be used to grow global operations, fund R&D and support new customers like hotels, stadiums, movie theaters, and airports.
— Joanna Glasner
Funding rounds
Lead School lands $100M:Â Mumbai-based , which provides technology to schools with a focus on digital learning, raised $100 million in a Series E round backed by and . The financing pushes the 10-year-old company’s valuation into unicorn territory.
— Joanna Glasner
Observable raises $35.6M: , provider of a data visualization platform for enterprises, announced it raised $35.6 million in a Series B funding round led by . Existing investors and also participated in the round.
— Joanna Glasner
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