Telefónica-backed addiction treatment app developer Quit Genius raised $64m while oral care product maker NYSCPS received almost as much in a round featuring ByteDance.

Funding

Quit Genius, a US-based addiction treatment app developer backed by telecommunications firm Telefónica, secured $64m yesterday in a series B round co-led by Kinnevik and Atomico. The round included Octopus Ventures, Triple Point Ventures and Startup Health, all three of which had reportedly joined Village Global, Semper Virens, Serena Ventures and various individuals in the company’s $11m series A in March 2020. It had already raised $2.6m in seed funding from Telefónica unit Wayra, Village Global, Pioneer Fund,…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.