The largest this week:
🇩🇪 TIER - the scooter-sharing startup - raised a $200M Series D at a $2.0B valuation from M&G, Softbank, and Mubadala Capital Ventures. Ivan Draganov, in the Why micromobility thrives in Europe newsletter wrote: “TIER is becoming one of the most valuable micromobility services worldwide” and “In Europe, VC investment in 2021 is at €1.2 billion, a 56% increase year-on-year, with increasing international interest in rounds”. Impact aware e-scooter companies alone raised over €750M in 2020 and 2021 year to date combined.
🇺🇸 Persefoni - a carbon accounting provider - raised a $101 Series B round from Prelude Ventures, The Rise Fund, SMBC group, and other investors. This is a noteworthy round as the company was founded in just 2020 and it makes Persefoni the most funded ESG provider for environmental data.
🇺🇸 Allbirds - the ethical shoemaker - filed to go public via an IPO at a $2.2B valuation. It raised a Series E round last year at a $1.6B valuation. It is now the #2 most valuable sustainable fashion company after Vinted. Allbirds operate as e-commerce, yet it is planning to open brick and mortar stores in the coming years.
Other notable impact deals:
🇺🇸 Jupyter Intelligence - a company that provides probabilistic risk analysis for weather phenomena - raised a $54M Series C round from Clearvision Ventures, Energize Ventures, Liberty Mutual Insurance, MPower Partners. It is the #3 most funded company focussed on climate risk in the United States after Tomorrow.io and One Concern.
🇳🇴 N2 Applied - a company working on climate aware fertigation - raised a $17M grant funding from the European Innovation Council (EIC). Curious about other EIC-supported impact startups? You can analyze all 794(!) of them here.
🇬🇧 Breakroom - a job review website for the gig and blue-collar jobs - raised a $7M seed round from Northzone, PROfounders Capital, Nomad Capital and other investors. Breakroom tackles both no poverty (#1) as well as the decent work & economic growth (#8) goals. You can find other 40+ startups addressing those issues.
🇳🇱 Renoon - a B2C marketplace for sustainable fashion products - raise a $1M round from 500 Global.
Read up on all the latest impact deals in Dealroom.co
