Citi Ventures and Visa helped e-commerce services startup Cart.com raise $240m while SoftBank Vision Fund 2 took part in nine-figure rounds for Dewpoint and Platform Science.

Funding

US-headquartered e-commerce software and services provider Cart.com secured $240m in equity and debt financing yesterday, with the equity portion backed by financial services firm Citi’s investment arm, Citi Ventures, and payment services firm Visa. The equity portion was led by Legacy Knight Capital Partners while JP Morgan and TriplePoint Capital supplied the venture debt. Cart said it has now raised $380m altogether.

US-based biomolecular condensates developer Dewpoint Therapeutics closed a $150m series C round led by internet and telecommunications…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.