Chicago-based Nerdio, which helps manage remote workers, raised $500M led by General Atlantic at a $1.2B valuation, sources say up from $300M in December 2022
Gillian Tan / Bloomberg :
Chicago-based G Squared raised $1.1B for a fund to buy secondary startup shares; G Squared bought ~$135M in Anthropic shares from FTX during its bankruptcy
Ivan Levingston / Financial Times :
Chicago-based Formic, which provides robots-as-a-service automation to US manufacturers, raised $27.4M, bringing its total Series A funding to $52M+
Brianna Wessling / The Robot Report :
SEC filing: Chicago-based Tempus, which uses AI to process medical data, files for an IPO, reporting a $266M net loss on $532M revenue in 2023 and 2,300 staff
Bailey Lipschultz / Bloomberg :
Chicago-based Ocient, which provides hyperscale data warehouse and analytics software, raised a $49.4M Series B extension, bringing its total funding to $119M
Our Investment in Ocient John Pletz / Chicago Business : Data-tech whiz Ocient raises nearly $50M for growth Eric Avidon / Business Analytics : Ocient raises $49.4M in funding to fuel development, gro...
Chicago-based Kin Insurance, which uses thousands of data points to provide personalized home insurance, raised a $33M Series D extension at a $1B+ valuation
We're so proud of the company that Kin has become and the incredible product … Sean Harper : https://www.axios.com/... Fundamentals are back in style - I'm quite proud of what we have accomplished so...
Chicago-based Mediafly, which provides a revenue enablement service to Adobe, ADP, Honeywell, Nestlé, and other large companies, raised $80M led by BIP Ventures
Alex Zorn / Chicago Business Journal :
Chicago-based public cloud infrastructure startup Fly.io, which has data centers in 37 regions globally, raised a $70M Series C led by EQT at a $467M valuation
Kwaku Gyasi / Bloomberg :
Jump Crypto recovers ~120,000 ether, worth $140M, stolen during the 2022 Wormhole exploit after Oasis upgraded a DeFi contract following a UK high court order
The Chicago trading firm appears to have recovered the 120,000 ether stolen during the 2022 Wormhole exploit.
Chicago-based supply chain management startup project44 raised $80M led by Generation Investment and A.P. Moller at a $2.7B post-money valuation
U.S.-based supply chain management technology company project44 said on Thursday it was valued at $2.7 billion after its latest funding round …