Massive Fundings

Arena Bioworks, a Boston startup founded last year that aims to hire the world's best scientists to develop new drugs to fight cancer and brain disease, has raised $500 million from Michael Dell, founder of Dell Computer; Jim Breyer of Breyer Capital; Stephen Pagliuca, the Boston Celtics owner; and Elisabeth DeLuca, the widow of a founder of the Subway sandwich chain. More here

Sponsored By ...Privacy.com

Big-But-Not-Crazy-Big Fundings

Prometeo, a six-year-old Uruguayan startup that is working to introduce open banking in Latin America, raised a $13 million round led by Antler Elevate, with PayPal Ventures, Samsung Next, DN Capital, Cometa, and Magma Partners also anteing up. TechCrunch has more here

Rainbow, a two-year-old San Francisco startup that claims its platform can develop tailored insurance programs for small businesses such as restaurants, raised a $12 million seed round from Altai Ventures, Arch Capital Group, Buckley Ventures, Caffeinated Capital, 8VC, Habitat Partners, and Zigg Capital. Life Insurance International has more here

Sway, a three-year-old Los Angeles startup that helps businesses improve the way they handle deliveries and returns for their customers, raised a $19.5 million Series A round led by 7GC, with additional participation from Blackhorn Ventures, Lightshed Ventures, and Rise of the Rest Revolution. PYMNTS has more here

Sponsored By ...Privacy.com

Smaller Fundings

Avante, a Seattle stealth startup founded last year that appears to be focused on improving employee well-being through advanced analytics and behavior change, raised a $10 million seed round led by Fuse Venture Partners, with Ascend.vc and HighSage Ventures also chipping in. GeekWire has more here

Eesee, a Dubai startup that provides sellers of digital assets, tokens, and RWAs with a gamified marketplace that they can use to sell their wares, raised a $2.85 million round from SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, and BasementDAO. More here

GolfForever, a seven-year-old startup based in Snowmass, Co., that creates and sells training programs and products designed for golfers, raised a $10 million Series A round. Clerisy led the transaction. More here

Korr, a three-year-old New York startup that provides tools that help insurance businesses manage their operations more efficiently and effectively using the latest technology, raised a $3.2 million seed round led by Motive Ventures, with Tokio Marine Future Fund also pitching in Fintech Finance has more here

Overmoon, a three-year-old startup based in San Rafael, Ca., that rents out vacation homes that it owns à la Airbnb, announced that it raised a $10 million seed round in 2021. Investors included NFX, Khosla Ventures, Camber Creek, 1Sharpe, and Sunsar Capital. It also revealed that it has raised $30 million in financing and $40 million in debt. TechCrunch has more here

Pontem, a seven-year-old Singapore startup whose platform enables developers to build and test applications for blockchains like Aptos and Sui, raised a $6 million seed round. Investors included Lightspeed Venture Partners, Pantera Capital, Aptos Foundation, Wintermute, Altonomy, Shima Capital, and Kraken Ventures. NFTgators has more here

Rivero, a five-year-old Zürich startup that provides tools and technology that make it easier for companies to handle transactions like invoicing, collecting payments, and managing financial records, raised a $7 million Series A round co-led by 6 Degrees Capital and Inference Partners, with Kraken Ventures, Seed X Liechtenstein, and PostFinance also contributing. PYMNTS has more here

Sponsored By ...Privacy.com

Protect Your Payments and Keep Free Trials Free

Shop privately and securely. Pay with virtual Privacy Cards that shield your card info.

• Block overcharging and prevent fraud

• Set limits to control your spending

• Pause, unpause, and close cards any time