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Highlights of the Week (July 23, 2021)

Highlights of the Week (July 23, 2021)
July 23, 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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Jeff Bezos went to space this week and came back a giddy cowboy with a newfound appreciation of planet Earth. In his post-flight interview with Anderson Cooper, he talked about the urgency to save our delicate planet by shipping all polluting industries out of this atmosphere (what?!). In a world increasingly suffering from climate change (where even rich nations can’t escape the threat), it’s an interesting premise for the world’s richest man to suggest regular space tourism through his company, Blue Origin, as a step toward preparing ourselves to save the planet.

Here’s a recap of this week’s top stories from PrivCo:

  • Big Tech grabs all the headlines, but what about Big Cereal? We looked at the conglomeration of food producers with irrefutable power over our food systems, a paradigm that currently affects our grocery bill. Learn more about these producers and the AgTech companies disrupting the industry here.

  • Tuesday’s investor highlight focused on busy bee New York investors, Tiger Global Management. Their big-ticket investments broke records in the second quarter, which saw over $150BN in total investments among all VCs. Learn more about the firm & its portfolio here.

  • Got bored kids or a socially awkward office? There’s a new generation of “casual athletics” ready to turn your team-building exercise into a veritable party with bowling, mini-golf, or go-karts. Check out the next-gen of smelly shoe rentals here.

  • The beauty industry is worth an estimated $500BN dollars and growing, as influencers, celebrities, and TikTokers continue to expand the trends. We looked at the legacy brands growing their portfolios of independent brands and the cult-favorite companies in super-growth. Check them out.

Quick News:
 
Since last week, PrivCo has added:
 
875 Companies | 126 Funding Activities | 104 M&A Deals

Funding & Deal Highlights:

 

 

Woebot Health raises $90MM from JAZZ Venture Partners & Temasek Holdings
AI Digital Health • Equity • San Francisco, CA
 

Ethos raises $100MM from SoftBank Vision Fund

Insurtech • Equity • San Francisco, CA
 

OpenSea raises $100MM from A16Z

NFTs • Round B • New York, NY
 

Amylyx Pharmaceuticals raises $135MM from Viking Global Investors

Pharmaceuticals • Round C • Cambridge, MA
 

Lev raises $30MM from Greenspring Associates 

Real Estate Fintech • Round A • New York, NY
 

JOKR raises $170MM from Balderton Capital, GGV Capital, Tiger Global Management

Grocery Delivery • Round A • New York, NY
 

Fabric8Labs raises $19.3MM from Intel Capital 

3D Printing • Round A • San Deigo, CA
 

Little Spoon raises $44MM from Valor Equity Partners 

D2C Baby Food • Round B • New York, NY
 

Rise Gardens raises $9MM from Telus Ventures

AgTech • Round A • Skokie, IL
 

Becton, Dickinson, and Company acquires Velano Vascular 

Health Care Equipment • Acquisition • Philadelphia, PA
 

BBQ Guys acquires Velocity Acquisition Corp

E-Commerce • SPAC • Baton Rouge, LA
 

Novanta acquires Ati Industrial Automation 

Industrial Products • Acquisition • Apex, NC
 

Vontier acquires DRB Systems for $965MM

Automotive POS • Acquisition • Akron, OH
 

Bill.com acquires Invoice2go for $625MM

Fintech • Acquisition • Palo Alto, CA
 

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