红桃视频

Here’s what you need to know today in startup and venture news, updated by the 红桃视频 News staff throughout the day to keep you in the know.

Subscribe to the 红桃视频 Daily

Sierra Space Raises $1.4B

Louisville, Colorado-based closed a $1.4 billion Series A investment鈥攖he company鈥檚 first capital raise. The round was led by , and . The money will be used to develop the company鈥檚 Dream Chaser Spaceplane, an orbital commercial spaceplane.

The commercial space company said in a release it 鈥渁ims to build the future of space transportation, commercial space destinations and infrastructure.鈥�

鈥� Chris Metinko

Flytrex lands $40M for drone deliveries

Tel Aviv-based , a startup developing a drone delivery service focused on the U.S. suburbs, raised $40 million in a Series C funding round led by .

The financing brings total funding to date for the 8-year-old company to just over $60 million, per 红桃视频 data.

Flytrex says it is aiming to enable five-minute deliveries of everyday goods–from Chinese takeout to morning coffee–via drone deliveries to backyards.

— Joanna Glasner

Funding round

Helaina raises $20M to recreate breast milk:聽New York-based , a startup using precision fermentation to recreate immune-equivalent proteins previously only available in breast milk, announced it raised $20 million in a Series A round led by and .

— Joanna Glasner

M&A

Workday acquires VNDLY: Human resources software provider announced it is acquiring , a SaaS platform that helps manage contingent workforce needs, for around $510 million.聽 Founded in 2017, Mason, Ohio-based VNDLY previously raised at least $58 million in known funding, per 红桃视频 data.

— Joanna Glasner

Illustration: