Short-term accommodation provider Cohabs secured more than $70m in a round led by AG Real Estate, while Stampli, Impress and Tarana Wireless each raised $50m.
Funding
AG Real Estate, a subsidiary of insurance firm AG Insurance, led a €58m ($70.3m) financing round for Belgium-based short-term accommodation provider Cohabs yesterday made up of nearly $15.2m in equity funding and $55.2m in subordinated debt, participating alongside Alphastone, Federal Assurance, Finance.Brussels and undisclosed others. Cohabs has not revealed details of earlier funding but named AG Real Estate and Alphastone as existing backers.
Stampli, the US-based creator of an accounts payable management platform, received $50m in series C funding from investors including media company Bloomberg and internet group Naver yesterday. The round was led by growth equity firm Insight Partners and also featured SignalFire, Nextworld Capital, UpWest and Hillsven Capital. It increased Stampli’s overall funding to $87m and followed $25m in series B funding from Bloomberg-sponsored venture capital firm Bloomberg Beta, SignalFire, Hillsven Capital and NextWorld Capital in late 2019.
Tarana Wireless, a US-headquartered wireless cellular technology developer backed…