January 21, 2021

An edtech startup founded by the son of Tony Blair gets $44 million

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other women. ","crops":[],"height":1920,"imageSize":"article-featured-image","lazyload":true,"lqipSrc":"https://content.fortune.com/wp-content/uploads/2019/03/gettyimages-1020485966-e1551471613745.jpg?quality=60&resize=60,40","postId":2941003,"retina":true,"showCaption":true,"sources":[{"default":true,"transforms":{"resize":[750,500]},"descriptor":750}],"sourceTags":[],"src":"https://content.fortune.com/wp-content/uploads/2019/03/gettyimages-1020485966-e1551471613745.jpg","srcset":"https://content.fortune.com/wp-content/uploads/2019/03/gettyimages-1020485966-e1551471613745.jpg?resize=1500,1000 1500w,https://content.fortune.com/wp-content/uploads/2019/03/gettyimages-1020485966-e1551471613745.jpg?resize=750,500 750w","url":"https://content.fortune.com/wp-content/uploads/2019/03/gettyimages-1020485966-e1551471613745.jpg","useBasicImg":false,"usingDataFallback":false,"width":2880,"credit":"NurPhoto NurPhoto via Getty Images","fallbackImageUrl":"data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7","picture":false,"sizes":"750px"},"children":[]}]},{"name":"article-body","config":{"mediaType":"image","premiumCategory":"P-Newsletter"},"children":[{"name":"gutenberg-content","config":{},"children":[{"name":"html","config":{"content":" u003cp>Multiverse, an education startup formerly known as White Hat, has raised $44 million in Series B funding as it enters the U.S. market and looks to hire some 200 new employees. u003c/p> u003cp>Co-founded by Euan Blair, son of former U.K. Prime Minister Tony Blair, the startup seeks to act as an alternative to the typical four-year college by matching potential employees directly with companies for on-the-job training. u003c/p>u003cp>u003c!-- piano selector -->u003c/p>u003cdiv class="paywall"> u003cp>According to Euan Blair, the startup, founded in 2016, has about 3,000 apprentices today who have been placed in companies including u003ca href="https://fortune.com/company/unilever/" target="_blank">Unileveru003c/a>, u003ca href="https://fortune.com/company/facebook/" target="_blank">Facebooku003c/a>, and u003ca href="https://fortune.com/company/morgan-stanley/" target="_blank">Morgan Stanleyu003c/a>. About 90% of those who are placed into one of Multiverse’s 18-month-long apprenticeships emerge from the other side with a job, he told Term Sheet, cautioning that the data is still sparse.u003c/p> u003cp>The four-year-degree has come under scrutiny amid u003ca href="https://fortune.com/2018/10/17/student-loan-debt-crisis/">ballooning college debtu003c/a>. An explosion in technology meanwhile has led to a shortage of tech talent but unemployment in more traditional industries. Some companies including Airbnb, Facebook, and u003ca href="https://fortune.com/company/alphabet/" target="_blank">Googleu003c/a> have taken the disconnect upon themselves by opening positions that don’t require a u003ca href="https://www.marketwatch.com/story/you-dont-need-a-4-year-college-degree-for-these-high-paying-jobs-at-google-apple-netflix-2019-04-08">university degreeu003c/a>. In the U.K., Multiverse has also benefited from a tax that effectively forces large organizations to fund apprenticeships. Under the startup’s model, it is the employer that foots the bill rather than the potential employee.u003c/p> u003cp>Proponents of the college model will note that a major benefit of universities comes in the form of networking. Multiverse too seeks to replicate that to an extent, with social meetups, sports teams, and a speaker series, says Blair of the company co-founded with Sophie Adelman.u003c/p> u003cp>While Multiverse is trying to serve those who don’t have a college degree and those who are looking to start a new career altogether via reskilling, Blair has had a robust higher education, at least on paper. He completed his undergraduate degree in ancient history at Bristol University before moving on to Yale for his master’s degree in international relations. u003c/p> u003cp>When asked about his own experiences, Blair notes the degrees did not prepare him for his early career in banking. That helped shape Multiverse and his focus on apprenticeships.u003c/p> u003cp>“My degrees were not useful at all for work, but I was required to get them to get a job,” says the 37 year old. “The college is an oligopoly that is not beneficial to those paying the programs.”u003c/p> u003cp>While the company declined to reveal its valuation, u003ca href="https://www.ft.com/content/2d396375-41bd-4793-9148-8696498c95a0">u003cem>the Financial Timesu003c/em>u003c/a> reports that the number is about $200 million. General Catalyst led the round and was joined by investors including GV, u003ca href="https://fortune.com/company/microsoft/" target="_blank">Microsoftu003c/a> Chairman John W. Thompson, Index Ventures, and Lightspeed Venture Partners.u003c/p> u003cp>u003cstrong>BUMBLE’S IPOu003c/strong>: Dating app operator Bumble filed for an IPO Friday, making it one of the few IPOs in recent years of a company u003ca href="https://fortune.com/2021/01/19/bumble-ipo-whitney-wolfe-herd-female-forward/">helmed by a womanu003c/a>. Set to debut around Valentine’s Day, Bumble’s road to a public market debut has not been an easy one. In 2018, online dating competitor Match sued Bumble over its swipe feature, alleging it was stolen intellectual property, and u003ca href="https://fortune.com/2018/09/24/bumble-ipo-match-tindx">Bumble hit backu003c/a>. The duo settled the litigation in June. u003c/p> u003cp>u003cem>u003cstrong>Correction, Jan. 20, 2021:u003c/strong> A previous version of this story misstated the number of Multiverse apprentices.u003c/em>u003c/p> u003ch3>VENTURE DEALSu003c/h3>nu003cp>– u003ca href="https://deliveroo.co.uk/">u003cstrong>Deliveroou003c/strong>u003c/a>, a British food delivery company, raised $180 million valuing it at over $7 billion.  u003cstrong>Durable Capital Partners u003c/strong>and u003cstrong>Fidelity Management & Research Companyu003c/strong> led the round.u003c/p>nu003cp>– u003ca href="https://www.ppro.com/">u003cstrong>PPROu003c/strong>u003c/a>u003cstrong>,u003c/strong> a London-based payments infrastructure company, raised $180 million. Investors includedu003cstrong> Eurazeo Growth, Sprints Capitalu003c/strong>, and u003cstrong>Wellington Managementu003c/strong>, valuing it at over $1 billion.u003c/p>nu003cp>– u003ca href="https://khealth.ai/">u003cstrong>K Healthu003c/strong>u003c/a>, a New York-based urgent and primary telehealthcare company, raised $132 million in Series E funding. The investors were u003cstrong>GGV Capitalu003c/strong>’s Hans Tung,u003cstrong> Valor Equity Partners’u003c/strong> Antonio Gracias, and u003cstrong>Kaiser Permanenteu003c/strong>. u003c/p>nu003cp>– u003ca href="http://personio.com/">u003cstrong>Personiou003c/strong>u003c/a>, a Germany-based maker of a HR platform, raised $125 million in Series D funding at a $1.7 billion valuation. u003cstrong>Index Venturesu003c/strong> and u003cstrong>Meritechu003c/strong> led the round and were joined by u003cstrong>Accel, Lightspeed Venture Partners, Northzone, Global Founders Capital, u003c/strong>and u003cstrong>Picus.u003c/strong>u003c/p>nu003cp>– u003cstrong>Sequoia Capital u003c/strong>andu003cstrong> Lone Pine Capital u003c/strong>agreed to invest about €50 million each of u003ca href="https://www.auto1-group.com/">u003cstrong>Auto1 Groupu003c/strong>u003c/a>, a German car trading platform, acquiring the stakes from investor DN Capital. The deal values the firm at about 6 billion euros ($7.2 billion), per Bloomberg. u003ca href="https://www.bloomberg.com/news/articles/2021-01-18/sequoia-said-to-invest-in-auto1-at-7-2-billion-value-before-ipo?srnd=deals">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.bloomandwild.com/">u003cstrong>Bloom & Wildu003c/strong>u003c/a>, a London-based online flower delivery startup, raised £75 million ($102 million) in Series D funding. u003cstrong>General Catalystu003c/strong> led the round and was joined by investors including Iu003cstrong>ndex Ventures, Novator, Latitude Ventures, D4 Venturesu003c/strong>, and u003cstrong>Burda Principal Investmentsu003c/strong>. u003ca href="https://techcrunch.com/2021/01/17/uks-bloom-wild-raises-102m-to-seed-its-flower-delivery-service-across-europe/">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.aledade.com/">u003cstrong>Aledadeu003c/strong>u003c/a>, a Bethesda, Md.-based primary care startup, raised $100 million in Series D funding. u003cstrong>Meritech Capitalu003c/strong> led the round and was joined by investors including u003cstrong>Tiger Global Managementu003c/strong>, u003cstrong>IVPu003c/strong>, and u003cstrong>OMERS Growth Equity.u003c/strong>u003c/p>nu003cp>– u003ca href="https://jiliguala.com/home_teacher.html">u003cstrong>Jiligualau003c/strong>u003c/a>, a Shanghai-based English learning platform, raised nearly $100 million in Series C funding. Investors included u003cstrong>Tencent u003c/strong>andu003cstrong> PE Trustbridge Partners.u003c/strong> u003ca href="https://www.dealstreetasia.com/stories/jiliguala-tencent-223981/">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://maps.me/">u003cstrong>Maps.meu003c/strong>u003c/a>, a offline maps company seeking to launch a cryptocurrency wallet,  raised $50 million. u003cstrong>Alameda Researchu003c/strong> led the round and was joined by investors including u003cstrong>Genesis Capitalu003c/strong> andu003cstrong> CMS Holdingsu003c/strong>. u003ca href="https://www.coindesk.com/travel-me-seed-funding-alameda-research">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://swimlane.com/">u003cstrong>Swimlaneu003c/strong>u003c/a>, a Denver, Colo.-based data security company, raised $40 million. u003cstrong>EIPu003c/strong> led the round.u003c/p>nu003cp>– u003ca href="https://agrevolution.in/">u003cstrong>DeHaatu003c/strong>u003c/a>u003cstrong>, u003c/strong>a New Dehli, India-based agrotech company, raised $30 million in Series C funding. u003cstrong>Prosus Venturesu003c/strong> led the round and was joined by u003cstrong>RTP Global,u003c/strong> u003cstrong>Sequoia India, FMO, Omnivore, u003c/strong>and u003cstrong>AgFunderu003c/strong>. u003c/p>nu003cp>– u003ca href="https://www.agriwebb.com/us/">u003cstrong>AgriWebbu003c/strong>u003c/a>, an Australian agtech startup focused on livestock, raised $23 million (AU$30 million) in Series B funding valuing it at over $77 million (AU$100 million).u003cstrong> TELUSu003c/strong> led the round.u003c/p>nu003cp>– u003ca href="https://apricushealth.com/">u003cstrong>Apricus Healthu003c/strong>u003c/a>, a Phoenix, Ariz.-based telehealth company, raised $20 million. u003cstrong>Virgo Investment Group u003c/strong>was the investors.u003c/p>nu003cp>– u003ca href="https://stackpulse.com/">u003cstrong>StackPulseu003c/strong>u003c/a>, a Portland, Ore.-based engineering software company, raised $20 million in Series A funding. u003cstrong>GGV Capitalu003c/strong> led the round.u003c/p>nu003cp>– u003ca href="https://darwinbox.com/">u003cstrong>Darwinboxu003c/strong>u003c/a>, an Indian human resource management software maker, raised $15 million in Series C funding. u003cstrong>Salesforce Venturesu003c/strong> led the round and was joined by investors including u003cstrong>Lightspeed India u003c/strong>and u003cstrong>Sequoia Capital Indiau003c/strong>. u003ca href="https://techcrunch.com/2021/01/18/salesforce-leads-15-million-investment-round-in-indian-hr-tech-platform-darwinbox/">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.waitakibio.com/contact/">u003cstrong>PharmaZenu003c/strong>u003c/a>, a New Zealand-based biotech company that is also known as Waitaki Biosciences, raised $14 millionu003cstrong>. u003c/strong>Investors include the u003cstrong>Cibus Fund.u003c/strong>u003c/p>nu003cp>– u003ca href="https://www.cumulusds.com/">u003cstrong>Cumulus Digital Systemsu003c/strong>u003c/a>, a Massachusetts-based startup building software for industrial applications, raised $8 million. u003cstrong>GECu003c/strong> led the round and was joined by investors including u003cstrong>Brick & Mortar Ventures u003c/strong>and u003cstrong>Shell Ventures. u003c/strong>u003c/p>nu003cp>– u003ca href="https://www.xphealth.co/">u003cstrong>XP Healthu003c/strong>u003c/a>, a Palo Alto-based vision benefits platform, raised $5 million in seed funding. u003cstrong>Valor Capital Groupu003c/strong> led the round.u003c/p>nu003cp>– u003ca href="https://www.onesilq.com/">u003cstrong>SILQu003c/strong>u003c/a>u003cstrong>, u003c/strong>a San Jose, Calif.-based on-site quality inspections for fashion brands, raised $2 million in pre-seed funding. u003cstrong>RTP Global u003c/strong>led the round and was joined by investors including u003cstrong>SV Angel u003c/strong>and u003cstrong>Acceleprise.u003c/strong>u003c/p>nu003cp>– u003ca href="https://www.volopay.co/">u003cstrong>Volopayu003c/strong>u003c/a>, a Singapore-based maker of a revenue monitoring platform, raised $2.1 million in seed funding. Tinder co-founder u003cstrong>Justin Mateenu003c/strong> led the round and was joined by investors including u003cstrong>Soma Capital, CP Ventures, Y Combinator, VentureSouqu003c/strong>, and u003cstrong>the founders of Razorpayu003c/strong>. u003ca href="https://techcrunch.com/2021/01/18/singapore-based-volopay-raises-2-1-million-seed-round-to-build-a-financial-control-center-for-businesses/">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="http://slatebio.com/">u003cstrong>Slate Biou003c/strong>,u003c/a> a Charlottesville, Va.-based biotech company focused on autoimmune diseases, raised $1.8 million. u003cstrong>Epidarex Capitalu003c/strong> led the round.u003c/p>nu003ch3>PRIVATE EQUITYu003c/h3>nu003cp>– u003cstrong>EQT u003c/strong>invested in $1.2 billion in u003ca href="https://www.sitecore.com/">u003cstrong>Sitecoreu003c/strong>u003c/a>, a San Francisco-based marketing software company. u003c/p>nu003cp>– u003cstrong>Altamont Capital Partnersu003c/strong> invested in u003ca href="https://www.kineticadvantage.com/">u003cstrong>Kinetic Advantageu003c/strong>u003c/a>, a newly formed floorplan financing company. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>BC Partners, EQTu003c/strong> and u003cstrong>Arctos Sports Partnersu003c/strong> are in talks to acquire a stake in u003ca href="https://www.inter.it/en">u003cstrong>Inter Milanu003c/strong>u003c/a>, an Italian soccer club, valuing it at as much as €900 million (about $1.1 billion), per u003cem>the Financial Timesu003c/em>. u003ca href="https://www.ft.com/content/ef43ce66-af92-4076-a568-6a5502665cb5">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>BV Investment Partnersu003c/strong> invested in u003ca href="https://www.pixelmedia.com/">u003cstrong>PixelMEDIAu003c/strong>u003c/a>, an e-commerce company focused on launches via Salesforce. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>CPPIBu003c/strong> is in talks to acquire a stake in u003ca href="https://igua.com.br/">u003cstrong>Igua Saneamentou003c/strong>u003c/a>, a Brazilian sanitation company. u003ca href="https://www.reuters.com/article/us-igua-m-a-cppib/canadas-cppib-in-talks-to-acquire-stake-in-brazilian-sanitation-firm-igua-idUSKBN29K1LD">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>CVC Capital Partnersu003c/strong> is in talks to acquire u003ca href="https://www.birkenstock.com/us">u003cstrong>Birkenstocku003c/strong>u003c/a>, a German sandal maker, in a deal that could value the latter at about $5 billion, per Bloomberg. u003ca href="https://www.bloomberg.com/news/articles/2021-01-18/birkenstock-is-said-in-talks-for-5-billion-sale-to-cvc-capital?srnd=deals">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>H.I.G. Capitalu003c/strong> invested in u003ca href="https://www.madridcontentcity.com/">u003cstrong>Madrid Content Cityu003c/strong>u003c/a>, a Madrid-based production studio. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>Integrated Specialty Coveragesu003c/strong>, a portfolio company of Two Sigma’s u003cstrong>Sightway Capitalu003c/strong>, acquired u003ca href="https://www.ccisbonds.com/">u003cstrong>California Contractors Insurance Serviceu003c/strong>u003c/a>, a Sacramento, Calif.-based construction bond and insurance agency. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>LightBay Capitalu003c/strong> invested in u003ca href="https://www.ranchofamilymed.com/">u003cstrong>Rancho Family Medical Groupu003c/strong>u003c/a>, a Temecula, Calif.-based provider of family medical services in Southern California. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>Mercer Global Advisorsu003c/strong>, backed by u003cstrong>Oak Hill Capital u003c/strong>andu003cstrong> Genstar Capitalu003c/strong>, acquired u003ca href="http://pinnaclewealthsolutions.com/">u003cstrong>Pinnacle Wealth Solutionsu003c/strong>u003c/a>, a Midlothian, Va.-based wealth manager. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>Odyssey Investment Partnersu003c/strong> acquired u003ca href="https://atslab.com/">u003cstrong>Applied Technical Servicesu003c/strong>u003c/a>, a Marietta, Ga.-based provider of testing, inspection, and calibration services. Financial terms weren’t disclosed.u003c/p>nu003cp>– u003cstrong>Redwireu003c/strong>, backed by u003cstrong>AE Industrial Partnersu003c/strong>, acquired u003ca href="https://oak-aero.com/">u003cstrong>Oakman Aerospaceu003c/strong>u003c/a>, a Littleton, Colo.-based, provider of digital engineering, spacecraft and satellite design and development, mission payload development, and data distribution services. Financial terms weren’t disclosed.u003c/p>nu003ch3>EXITSu003c/h3>nu003cp>– u003cstrong>Citrix Systems u003c/strong>(NYSE: CTRX) is in “advanced talks” to acquire u003ca href="https://www.wrike.com/">u003cstrong>Wrikeu003c/strong>u003c/a>, a San Jose, Calif.-based project management software maker, for over $2 billion, per Bloomberg. u003cstrong>Vista Equity Partnersu003c/strong> backs Wrike. u003ca href="https://www.bloomberg.com/news/articles/2021-01-17/citrix-is-said-in-talks-to-buy-vista-s-wrike-for-2-billion-plus?srnd=deals">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>Mediumu003c/strong> acquired u003ca href="https://glose.com/">u003cstrong>Gloseu003c/strong>u003c/a>, a Paris-based digital book company. Glose was backed by u003cstrong>Kima Venturesu003c/strong> and u003cstrong>Expon Capitalu003c/strong>.u003c/p>nu003ch3>OTHERu003c/h3>nu003cp>– u003cstrong>Alimentation Couche-Tard u003c/strong>dropped its 16.2 billion euro ($19.6 billion) bid to acquire u003ca href="https://www.carrefour.com/en">u003cstrong>Carrefouru003c/strong>u003c/a>, a French grocery chain, amid opposition from the French government, per Reuters. u003ca href="https://www.reuters.com/article/us-carrefour-m-a-couchetard-lemaire-excl/exclusive-canadas-couche-tard-drops-20-billion-carrefour-takeover-plan-after-french-government-opposition-say-sources-idUSKBN29K0UU">u003cstrong>Read moreu003c/strong>u003c/a>u003cstrong>.u003c/strong>u003c/p>nu003cp>– u003cstrong>Total u003c/strong>will pay $2.5 billion to acquire a 20% stake in u003cstrong>Adani Green Energy Limitedu003c/strong>, an Indian energy company, and a 50% stake in its solar assets. u003ca href="https://www.reuters.com/article/us-total-india-adani/total-speeds-up-renewables-push-with-2-5-billion-investment-in-indian-solar-power-idUSKBN29N0C5">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>Thermo Fisher Scientificu003c/strong> (NYSE: TMO) acquired u003ca href="http://www.henogen.com/default.htm">u003cstrong>Henogenu003c/strong>u003c/a>u003cstrong>,u003c/strong> a Belgium-based gene therapy manufacturing company, for €725 million ($879.72 million). u003c/p>nu003cp>– u003cstrong>Tencent Music Entertainmentu003c/strong> (NYSE: TME) acquired u003ca href="https://www.prnewswire.com/news-releases/tencent-music-entertainment-group-announces-acquisition-of-lazy-audio-301209291.html">u003cstrong>Lazy Audiou003c/strong>u003c/a>, a Chinese audiobook platform owned by Shenzhen Lanren Online Technology Co, for 2.7 billion yuan ($417 million).u003c/p>nu003cp>– u003cstrong>Fiat Chrysler u003c/strong>andu003cstrong> PSAu003c/strong> completed their merger to create u003cstrong>Stellantisu003c/strong>, the world’s fourth-largest auto group. u003ca href="https://www.reuters.com/article/us-stellantis-deal/after-long-journey-fiat-chrysler-and-psa-seal-merger-to-become-stellantis-idUSKBN29L001">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>Goldman Sachsu003c/strong> (NYSE: GS) is weighing acquisitions to bulk up its consumer banking unit Marcus, per Reuters. u003ca href="https://www.reuters.com/article/us-goldmansachs-results-m-a/exclusive-goldman-eyes-deals-to-boost-marcus-sources-idUSKBN29K0J9">Read moreu003c/a>.u003c/p>nu003ch3>IPOsu003c/h3>nu003cp>– u003cstrong>RLX Technologyu003c/strong>, aChinese e-cigarette maker, is seeking to raise $1.2 billion in an IPO of 116.5 million ADSs priced between $8 to $10 apiece. Sequoia Capital China backs the firm. u003ca href="https://www.sec.gov/Archives/edgar/data/1828365/000104746921000095/a2242770zf-1a.htm">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.vorbio.com/">u003cstrong>Vor Biopharmau003c/strong>u003c/a>, a Cambridge, Mass.-based company focused on hematological diseases, filed to raise $150 million. u003cstrong>RA Capital, 5AM Venturesu003c/strong>, and u003cstrong>Puretech Health u003c/strong>back the firm. u003ca href="https://www.sec.gov/Archives/edgar/data/1817229/000119312521010219/d942530ds1.htm">Read moreu003c/a>.u003c/p>nu003cp>– u003cstrong>WeTrade Groupu003c/strong>, a Chinese e-commerce services company, filed to raise $121 million. u003ca href="https://www.sec.gov/Archives/edgar/data/1784970/000147793221000299/wtg_s1.htm">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.apria.com/">u003cstrong>Apriau003c/strong>u003c/a>, a Indianapolis-based maker of healthcare equipment, filed to raise $100 million. u003cstrong>Blackstone u003c/strong>backs the firm. u003ca href="https://www.sec.gov/Archives/edgar/data/1735803/000119312521010085/d62545ds1.htm">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://purposebuiltbrands.com/">u003cstrong>PurposeBuilt Brandsu003c/strong>u003c/a>, a Gurnee, Ill.-based provider of specialty cleaning and disinfecting products, filed to raise $100 million. u003cstrong>Carlyle u003c/strong>and u003cstrong>TA Associatesu003c/strong> back the firm. u003ca href="https://www.sec.gov/Archives/edgar/data/1771815/000119312521010222/d82662ds1.htm">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.lumiradx.com/us-en/">u003cstrong>LumiraDxu003c/strong>u003c/a>, a London-based provider of tests including ones for COVID, filed to raise $100 million. u003cstrong>Morningsideu003c/strong> backs the firm. u003ca href="https://www.sec.gov/Archives/edgar/data/1685428/000119312521010218/d920968df1.htm">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://www.grab.com/sg/">u003cstrong>Grabu003c/strong>u003c/a>, a Southeast Asian ride-hailing company, is weighing an IPO in the U.S. this year, per Reuters. u003ca href="https://www.reuters.com/article/us-grab-ipo-exclusive/exclusive-southeast-asias-grab-considering-u-s-ipo-this-year-sources-say-idUSKBN29N0VK">Read moreu003c/a>.u003c/p>nu003cp>– u003ca href="https://huuugegames.com/">u003cstrong>Huuuge Incu003c/strong>u003c/a>., a mobile games developer, plans to raise $150 million as part of its IPO in Warsaw. u003ca href="https://www.reuters.com/article/us-huuuge-ipo/mobile-games-developer-huuuge-plans-to-raise-up-to-150-million-from-share-issue-idUSKBN29N0L1">Read moreu003c/a>.u003c/p>nu003ch3>SPACSu003c/h3>nu003cp>– u003cstrong>Intel Chairman Omar Ishraku003c/strong> is planning to raise $750 million to $1 billion via a SPAC that targets the technology sector, per Bloomberg. u003ca href="https://www.bloomberg.com/news/articles/2021-01-19/intel-chairman-said-to-eye-up-to-1-billion-health-tech-spac-ipo?srnd=deals">Read moreu003c/a>.u003c/p>nu003ch3>F+FSu003c/h3>nu003cp>– u003ca href="https://www.roarkcapital.com/">u003cstrong>Roark Capital Groupu003c/strong>u003c/a>, an Atlanta-based private equity firm, is seeking $5 billion for its sixth flagship fund, per u003cem>the Wall Street Journalu003c/em> citing sources. u003ca href="https://www.wsj.com/articles/roark-capital-seeks-5-billion-for-new-flagship-fund-11610708400">Read moreu003c/a>.u003c/p>nu003ch3>PEOPLEu003c/h3>nu003cp>– u003ca href="https://www.softbank.jp/en/">u003cstrong>SoftBanku003c/strong>u003c/a>u003cstrong> Vision Fundu003c/strong>’s Jeffrey Housenbold is leaving the company in July. He is a managing partner. u003ca href="https://www.axios.com/jeffrey-housenbold-softbank-departure-15513407-44e1-47c2-9dea-226ca4d1f9b2.html">Read moreu003c/a>.u003c/p>nu003c/div>n"},"children":[]}]}]},{"name":"dianomi","config":{"type":"footer"},"children":[]}]}]}]}},"componentData":{},"error":null,"loading":false,"player":{"currentTime":0,"duration":0,"loading":false,"playing":false,"seek":0,"src":"","visible":false,"volume":0.5},"route":{"status":200,"redirectTo":"","redirectStatus":0,"action":"PUSH","pathname":"/2021/01/19/an-edtech-startup-founded-by-the-son-of-tony-blair-gets-44-million/","search":"?","hash":""},"visible":{"search":false,"primaryNav":false,"freestar":false,"adminBar":false},"contactForm":{"submitting":false,"submitted":false,"failed":false,"validation":{},"redirect":""},"user":{"isLoggedIn":false,"accessLevel":null}}; ]]> Source

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