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here's your daily crunch.

German startup We Fox announced the 650 million dollar Series C funding

round up led by Target Global. Following this funding round

the company has reached a post-money valuation of $3 billion.

We Fox is a digital insurer focused on personal insurance products such as household

insurance motor insurance and personal liability insurance. The

huge round will surely help burnish Europe's Q2 venture capital results while

also underscoring how the Neo Insurance Provider Boom

that we've seen in America is hardly a domestic affair.

Now let's see what's going on in the world of startups.

Polish Computational Chemistry Outfit Molecule going on the world of startups.

Polish computational chemistry outfit, Molecule 1 has raised $4.6 million

to expand its quest to bring theoretical drug molecules to reality.

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