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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Vinted sews up $303M for second hand clothes marketplace

Vinted, an online marketplace for second hand clothes, announced that it has raised $303 million in a funding round led by EQT.

The Series F investment sets a pre-money valuation of $4.24 billion for the 13-year-old company, which is headquartered in Vilnius, Lithuania, where it was founded.

Vinted operates in several European countries, the U.K., and the U.S. With the new funding round, it has raised a total of $563.7 million in known funding, per Crunchbase data.

— Joanna Glasner

Public Offerings

Better to go public via SPAC: Digital mortgage lender Better said this week that it will go public by merging with special purpose acquisition company Aurora Acquisition Corp. in a $7.7 billion deal. Better offers real estate title, mortgage and home insurance products through its platform. The New York-based company is backed by investors including SoftBank and L Catterton.

–Sophia Kunthara

Funding rounds

London’s Lyst lands $85M: Fashion shopping platform Lyst has raised $85 million in a round that saw participation from multiple new and existing investors. Founded in 2010, the London-based company’s platform allows users to shop for clothes and accessories across thousands of online stores.

— Joanna Glasner

Illustration: Dom Guzman