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Highlights of the Week (Feb 12, 2021)

Highlights of the Week (Feb 12, 2021)
February 12, 2021

The Daily Stack is a daily private market insights newsletter by PrivCo, a private company intelligence platform. Read our previous insights.
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For all those who celebrate, Happy Lunar New Year! May the Year of the Ox bring prosperity and good health. When we mention good health, the CDC has issued new double-mask guidelines that say will help prevent up to 92% of the spread of the virus. In addition to double-masking, smart e-commerce operators are offering mask fitters, which are plastic frames often constructed to an individual's face shape that sit over a mask for a tighter fit. We are eager to see online stores filled with new mask fitters!

  • When Whatsapp was bought by Facebook, consumers worried that Big Tech would read their private messages. Now it seems that Whatsapp is moving closer to mining private conversations, so consumers are shifting to apps that really do keep chats private. Read more.
  • Even as Uber reported a net loss of $6.76BN in 2020, its food business soared. Restaurant delivery, as well as grocery delivery services, are helping families in the midst of the pandemic. Here’s our list of 5 grocery services that all have unique business models. Take a look.
  • This coming weekend is Valentine’s Day. With no physical events to attend, you might think that romance is dead this year. Rest assured there are plenty of virtual event startups thriving, and they host everything from cocktail parties to virtual concerts with The Weeknd. See the list.
  • GM may have gotten Will Ferrell to tell us the US is behind Norway in EV sales, but there’s a larger threat. It's the fast-growing number of Chinese-EV manufacturers and Chinese-backed EV startups ready to go public in the US. Read the story.
DoorDash entering automated food prep
DoorDash acquired robotics food startup Chowbotics, and we’re interested to see how they will deliver on robot-made salads.
[TechCrunch]
Disney+ reaches 94.9 million subscribers 
In just 14 months, Disney has beaten its 4-year goal. 
[The Verge]
Since last week, PrivCo has added:
204,895 Companies | 176 Funding Activities | 69 M&A Deals

Funding & Deal Highlights:

Top Hat Monocle raises $130MM
Education Software & Internet Services • Equity • Toronto, Canada

Thrasio raises $750MM 
E-Commerce Consumer Products • Round D • Walpole, MA

DeepGram raises $25MM led by Tiger Global Management
AI Software & Internet Services • Round B • Mountain View, CA

Tovala raises $30MM led by Left Lane Capital
Delivery Food & Beverage Producers • Round C • Chicago, IL

LeaseLock raises $52MM co-led by Wildcat Venture Partners and Westerly Winds
Real Estate Software & Internet Services • Round B • Marina del Rey, CA

Frontier Nutrition raises $6MM
Consumer Products • Equity • New Haven, CT

Brightwheel raises $55MM led by Emerson Collective
EdTech Software & Internet Services • Round C • San Francisco, CA

MetaLenz raises $10MM led by Intel Capital and other VCs
Commercial & Industrial Engineering • Round A • Cambridge, MA

Class Technologies raises $30.8MM co-led by Owl Ventures and Insight Partners
EdTech Software & Internet Services • Round A •  Washington, DC

Slync raises $60MM
Supply Chain Management Software & Internet Services • Equity • San Francisco, CA

DroneDeploy raises $50MM co-led by Energize Ventures and AirTree Ventures
Drones Software & Internet Services • Round E • San Francisco, CA

Ox Protocol raises $15MM
Blockchain Software & Internet Services • Round A • San Francisco, CA

Lockstep Network raises $10MM led by Point72Asset Management
Consulting • Round A • Seattle, WA

BV Investment Partners makes a majority investment into SupportNinja of $1.1BN
Business Support Services • Investment • Austin, TX

Graycliff Partners buys Ballymore Company 
Industrial Products • Acquisition • Coatesville, PA

LiveRamp acquires Datafleets 
Big Data Software & Internet Services • Acquisition • Palo Alto, CA

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