A couple companies pulled in nine-digit funding rounds last week, and another just completed its public debut. Read up on the latest news from the Boston tech space. This is the Built In Boston weekly refresh.
Circle raised $440M. The round came from investors including Fidelity Management and Research Company and Atlas Merchant Company. Circle helps businesses use the cryptocurrency USD Coin. It’s looking to invest in market expansion, product innovation and building out its team with 40 Boston-based tech positions available now. [Built In Boston]
Realtime Robotics secured $31.4M. Investors in the robotics company’s Series A round include HAHN Automation, SAIC Capital Management and Soundproof Ventures. Realtime offers machines for several purposes like packaging and placement. It’s putting the funding toward product development and expanding its products into more global markets. [TechCrunch]
Boston Tech Quote of the Week
Flywire went public. The fintech company is now valued at more than $3.5 billion following its public debut. Its initial public offering share price was $24, a number that’s now up to $34, leading to the unicorn’s tripled valuation since last year. Flywire works in the payments processing space and has enabled over 2,200 companies to accept payments across more than 130 currencies. [Built In Boston]
Capchase got $125M. QED Investors led the company’s Series A funding round. Capchase’s platform offers upfront capital loans to companies with recurring revenue as an alternative to raising VC. It’s investing in expanding its platform, adding a new feature that’ll give founders the exact amount of capital they need to achieve their goals. To date, Capchase has raised $190 million in funding. [Crunchbase News]
