1. Knowde, a digital marketplace for the chemical industry, has raised $160 million in a Series B funding round led by Sequoia Capital. The round also included participation from existing investors such as Coatue, Refactor Capital, and Haystack. The funding will be used to accelerate Knowde's growth and expand its platform, which connects chemical buyers and sellers.

2. Knowde was founded in 2018 and has since grown to become a leading digital marketplace for the chemical industry. The platform provides a centralized platform for chemical buyers and sellers to connect, negotiate, and transact, streamlining the traditionally fragmented and opaque chemical supply chain. Knowde's platform has seen significant traction, with over 10,000 registered users and more than $1 billion in annual transaction volume.

3. The chemical industry is a vast and complex market, with a global value estimated at over $5 trillion. However, the industry has historically been slow to adopt digital technologies, with many transactions still conducted through traditional channels. Knowde's platform aims to address this gap, providing a more efficient and transparent way for chemical buyers and sellers to connect and conduct business. The company's success in raising this latest round of funding underscores the growing demand for digital solutions in the chemical industry.