Glow, which aims to automate the insurance process for SMEs, has raised a $22.5M Series A led by Cota Capital (JD Alois/Crowdfund Insider)

Bloomberg:
Amazon is discontinuing Glow, its video calling device aimed at kids, amid lackluster sales and a shift in consumer behavior, after debuting it last year  —  Amazon.com Inc. is discontinuing its pandemic-era kids’ video calling device amid lackluster sales and a shift in consumer behavior.

Omar Faridi / Crowdfund Insider:
Berlin-based Grover, an online subscription platform for renting consumer electronics, raised €270M in debt from M&G; Grover had rented 1M+ devices by July 2022  —  Grover, the consumer-tech subscription platform, has finalized a new €270 million debt financing facility with M&G, the international asset manager.

Ana Lucía Murillo / Washington, D.C. Business Journal:
DC-based Pie Insurance, which uses data and analytics to help SMBs get insurance digitally, raised a $315M Series D, bringing its total funding to $615M+  —  Pie Insurance has raised yet another staggering round of funding to create new lines of business for the tech-enabled insurance firm.

Charles Mandel / BetaKit:
Goldsky, a crypto infrastructure startup helping companies aggregate and process on-chain data, raised a $20M seed led by Felicis Ventures and Dragonfly Capital  —  Goldsky is living up to its lux name, announcing a $20 million seed round less than a year after the startup’s founding in 2021.

Brandy Betz / CoinDesk:
Exponential, a DeFi investment discovery and risk assessment service, raised a $14M seed led by Paradigm, with Haun Ventures, FTX’s VC arm, others participating  —  The tool helps users assess risks in decentralized finance and compare investments.  —  Exponential, a decentralized-finance …

Gené Teare / Crunchbase News:
European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ, the lowest level since $13.4B in Q4 2020; $8.6B went to late-stage startups  —  European venture funding for third-quarter 2022 continues to fall, sliding to its lowest point in nearly two years as early-stage investment shows clear signs of weakness.