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Highlights of the Week - (10/30/2020)

Highlights of the Week - (10/30/2020)
October 30, 2020

Happy pre-Halloween! Here is a recap of good to know topics we shared throughout the week. 

  • Performance tech is expanding its customer base from professional to prosumer. HYPERICE has broken into the professional sports leagues inking multiple partnerships as well as funding from leagues and athletes this month worth $48MM. Meanwhile video technology company Hudl also raised new funding in May in the growing sports analysis field used by professional to high school sports teams to analyze performance. Read the greater list of performance tech businesses doing well.

  • Streaming services are one of the game changers of this century but it is getting crowded. With T-mobile being the latest to join the streaming party, we give a list of some major players’ activities from Disney to fuboTV.  

  • 2020 is the year of built-up stress and these mental healthcare companies are thriving as a result. Our picked up list of companies raised $475MM in 2020 alone and are breaking down the walls to give easier access to mental healthcare. 

  • What’s a ghost kitchen and why has this trend has ushered in, much to a foodies delight? We examine different ghost kitchen companies from real estate-focused companies like Cloud Kitchens to turnkey solutions provider Ordermark and room service alternatives Butler Hospitality. Read our insights.

Weekly Funding Stats 
This week the software & internet services continue as the strongest industry to attract investors although biotechnology also gathered a lot of attention with almost $200MM of total funding in the U.S. Notably, gaming company Scopely racked up the most funding at $340MM.

Mattel Sales Strong During Pandemic 
Not only has Barbie sales been strong, Mattel's controversial $75 Day of the Dead doll sold out again for a second year. 
[Read more]
Solid quarter for Sony Driven by Game Sales
Playstation game sales drive growth for the company ahead of the anticipated PS5 launch. 
[Read more]
Since last week, PrivCo has added:
1898 Companies | 130 Funding Activities | 78 M&A Deals

Funding & Deal Highlights:

$100MM+ funding
Honor, a San Francisco-based home care company, raises $140MM in Series D round. The company helps manage back-office functions for home care companies in exchange for a portion of their revenue. Read our insight on senior-focused companies.

Faire, a San Francisco-based marketplace that connects wholesalers to retailers, received a $170MM Series E funding round.

Indian startup FreshToHome is strengthing the fresh fish and meat delivery market in India and Saudi Arabia with $121MM Series C funding.

Healthcare deals
Exact Sciences acquires Boston's Thrive Earlier Detection, which focuses on healthcare products in a $2.15BN deal

Human API, a company that offers a real-time health data network, raised $20MM in Series C from Allianz Life Ventures and 6 other investors

Women-led
strongDM, a company that provides a solution to manage and audit access to servers and databases has raised $17MM in Series A from Sequoia Capital.

Others
Atwater Capital has acquired a minority stake in Freepik, a Spanish provider of stock photos and visuals.

DriveWealth, a global digital trading tech company raised $56.7MM in Series C funding.

Eagle Eye Networks racks in $40MM Series E for its cloud video surveillance technology platform with funding from Accel. 

Skan, an AI-enabled process discovery, and operational intelligence company, secure a $14MM Series A funding round to strengthen its product platform and scale operations.

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