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

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Discord eyes sale at valuation of over $10B

Discord, the popular communications platform for gamers, is reportedly considering a sale to an acquirer at a valuation that could top $10 billion.

Bloomberg reports that Microsoft is one of the potential acquirers. VentureBeat reports that the company is in talks with multiple potential buyers. Discord has also discussed a possible public offering.

Founded in 2012, San Francisco-based Discord has raised at least $479 million in known funding to date, per Crunchbase data.

—  Joanna Glasner

Health

Ro raises $500M for telehealth: New York-based Ro, a startup offering telehealth, diagnostics and pharmacy services with an aim to increase Americans’ access to affordable health care, raised $500 million in a  Series D financing. The investment brings total funding to date for the 4-year-old company to over $875 million, per Crunchbase data.

— Joanna Glasner

Enterprise software

Aiven raises $150M for open source data infrastructure: Helsinki-based Aiven, a developer of managed open source data technologies for use on major public clouds, reportedly raised $150 million in a Series C funding round.

— Joanna Glasner

Trace inks $8.3M for financial workflow: Trace, a San Francisco-based service desk for finance teams, announced $8.3 million in seed funding led by Greylock and Uncork Capital.

Insurtech

Counterpart, Surround raise rounds: Counterpart, a Los Angeles-based insurtech using technology and data to transform the $10 billion management liability insurance market, secured $10 million in funding led by Valor Equity Partners. Meanwhile, Surround Insurance raised $2.6 million in seed funding, from an investor group including Sure Ventures, to launch its new model for property and casualty insurance products aimed at young urban professionals in Massachusetts.

— Christine Hall

E-commerce

Feedback Loop bags $14M for customer feedback: Feedback Loop closed on a tranche of $14 million to bring its Series A round to $24 million. The round was led by Crosslink Capital with additional backing from Spider Capital. The New York-based company’s technology establishes a continuous connection to consumers as businesses develop new product offerings, test new concepts and define go-to-market plans.

— Christine Hall

Foodtech

Meatable gobbles up $47M for cultivated meat as cell-based meats popularity grows: Dutch food company Meatable secured $47 million in Series A funding to advance small-scale production of its cultivated pork and beef products, made without harming animals, and to diversify its product portfolio. The round was led by a consortium of backers that included Rick Klausner, Section 32, Jeffrey Leiden and DSM Venturing. Many of the facets of cell-based meat’s future were discussed earlier this month at the virtual Future Food-Tech conference, which gathered food business leaders, venture capital investors and food tech innovators into conversations around innovation and investment in food. Most recently, Future Fields developing a first-of-its-kind cellular growth medium — the most important component of cellular agriculture — raised $2.2 million in seed funding led by Bee Partners.

— Christine Hall

Illustration: Dom Guzman

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://news.crunchbase.com/news/briefing-3-23-21/