Business travel company TripActions raised a Series G of $154M in equity at a $9.2B valuation, up from $7.25B in October 2021, and $150M in structured financing (Natasha Mascarenhas/TechCrunch)

Mary Ann Azevedo / TechCrunch:
Report: corporate expense management service TripActions, which was last valued at $7.25B, filed confidentially for a US IPO seeking a $12B valuation  —  TripActions is said to have filed confidentially to go public in the third quarter of next year at a $12 billion valuation.

Natasha Mascarenhas / TechCrunch:
Majority, a mobile bank serving migrants to the US, raised a $30M Series B and $7.5M in debt, bringing its total funding to $83.5M in just over a year  —  Nine months after raising a Series A round, Majority has raised tens of millions in both equity and debt financing for its mobile bank for migrants.

Paul Sawers / TechCrunch:
Stockholm-based autonomous and electric truck company Einride raised a $200M Series C from Northzone and others and $300M in debt from Barclays  —  Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally.

Lauren Hirsch / New York Times:
Twitter faces ~$1B per year in interest expenses after Elon Musk’s deal added ~$13B in debt, up from ~$50M in 2021 when operations generated ~$633M in cash flow  —  Mr. Musk faces financial challenges in owning Twitter.  The site frequently loses money and took on $13 billion in debt for the blockbuster deal.

Kyle Wiggers / TechCrunch:
Minnesota-based Arctic Wolf, which offers cybersecurity tools and on-site experts, raised $401M in debt, after raising $150M at a $4.3B valuation in July 2021  —  In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf, which last July raised $150 million …

Kyle Wiggers / TechCrunch:
Versa Networks, which helps companies unify network and security tools into a single console, raised $120M in equity and debt, bringing its funding to $316M  —  Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank.