Jobandtalent raises $500 million

Madrid-based social job-recruitment platform Jobandtalent which matches workers to opportunities in sectors like warehousing, ecommerce and logistics using AI has raised $500 million of Series E venture funding at a $2.35 billion valuation in a deal led by Kinnevik. Existing investors including Softbank, Atomico, DN, Infravia, Kibo and Quadrille participated in the round as well.

Founded in 2009, Jobandtalent raised over $1 billion to date and was last valued at a $543 million valuation following a $252 million Series D round in March this year.