ManoMano Raises $355M, Pleo Lands $150M, And More – Crunchbase News

ManoMano Raises $355M, Pleo Lands $150M, And More – Crunchbase News

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ManoMano raise $355M for home improvements

Paris-based ManoMano, an online marketplace for home improvement, DIY, and gardening products, raised $355 million in a Series F round led by Dragoneer Investment Group.

Founded in 2013, the company previously raised $350 million in known funding, per Crunchbase data. ManoMano says its marketplace currently lists more than 4 million products across 6 countries : France, Belgium, Italy, Spain, Germany and the United Kingdom.

Denmark’s Pleo lands $150M for company cards

Copenhagen-based Pleo, a provider of payment cards for companies and employees, raised $150 million in a funding round led by Bain Capital Ventures and Thrive Capital.

The financing sets a valuation of $1.7 billion for the six-year-old company, which markets its “smart company cards” as a way to automate expense reports and simplify spending. Currently, the company operates in several European countries, with plans to use the funding to boost usage.

Transportation

Didi shares plummet: Shares of Chinese ride-hailing giant Didi Chuxing fell sharply after China announced that new users in the country would not be able to download the app while it conducts a cybersecurity review of the company. Shares were down around 20 percent in pre-market trading Tuesday, less than one week after the company carried out its massive NYSE IPO.

— Joanna Glasner

 


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