Lightrock

Royalty-backed Lightrock packs $834 million into its first climate fund

Lightrock, the London-based backer of neobank Niyo and “wood modification” company Kebony, has secured about $834 million (€860 million) for a new fund focused on climate tech. The priv

Visby Medical tests positive for a Series E extension at $1B+ valuation

Medical diagnostics company Visby Medical raised $100 million in a Series E round earlier this year. Today, the company told me it extended that round by an additional $35 million at the same valuatio

Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B

If there’s one area that has thus far felt insulated from the global venture downturn, it’s infrastructure. Companies that offer banking as a service and help other businesses offer their own fina

Indian neobank Niyo raises $100 million, tops 4 million customers

India’s Niyo has raised $100 million in a new financing round as the consumer-facing neobank platform looks to add lending and insurance to its offerings and make deeper inroads in the world’s sec

Selina raises $150M to dish out flexible loans that leverage home equity

For many of us, our home is by far our biggest asset, and in the world of fintech, that’s led to a logical extension: when you need money, borrow against that biggest asset. Today, a London fint

Kebony raises $34M to make sustainable softwood behave like hardwood, using food waste

It’s fairly simply: Softwood grows a lot faster — in “sustainable” forests — than hardwood. The latter is often found in bio-diverse old-growth forests like, um, the Amazon.