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Highlights of the Week (December 17, 2021)

Highlights of the Week (December 17, 2021)
December 17, 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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Before we jump into news and our weekly wrap-up of stories, let’s consider for a moment the other side of media -- the holiday movie genre -- as you sit with loved ones wrapped up in cozy socks and matching sets of flannel pajamas. In the weeks preceding Christmas and the New Year, there’s nothing quite like a rom-com taking place in a humble yet charming hometown or anything with Hugh Grant or Will Ferrell. Then again, Eyes Wide Shut is apparently a holiday movie. Happy watching!

Let’s look back on the week’s top stories from PrivCo:

  • Monday, we revealed our latest report, Rise of the Unicorns, in which we calculated and predicted the next batch of billion-dollar companies. Check out the recap of the Top 5 Unicorns-to-be here.

  • For our investor highlight, we looked at the trend of massive investments in NFT startups. What can we learn from OpenSea’s latest round, and what’s next for the booming industry? Check it out.

  • Infrastructure, building codes, and city planning are all set for a revamp, given the political agenda and environmental stakes at hand. See what companies are building the future, literally, in our look at the commercial engineering industry’s top earners. Learn more.

  • Ghost kitchens have risen in popularity given the demand for at-home delivery. But the business model drawn from tech mentality faces food business hurdles. Find out how one ghost kitchen is fighting to stay alive here.

Quick News:
Since last week, PrivCo has added:
 
591 Companies |  476 Funding Activities | 52 M&A Deals

Sign up today for 15% off using promo code : HOLIDAY21

Funding & Deal Highlights:

 

AvantStay raises $160MM from Tarsadia Investments

Hotels • Round B • West Hollywood, CA
 

InnovAccer raises $150MM from Mubdala Capital 

Healthcare Data • Round E • San Francisco, CA
 

Cdata raises $140MM from Updata Partners

Database Management • Round B • Chapel Hill, NC
 

Mavrck raises $120MM from Summit Partners

Social Media Marketing • Equity • Boston, MA
 

Belong Health raises $40MM from New Enterprise Associates

Insurance Services • Round A • Wayne, PA
 

Swimply raises $40MM from Mayfield

Pool Rental • Equity • New York, NY
 

StockTwits raises $30MM from Alameda Research Ventures

Investment Management • Round B • Coronado, CA
 

Quo Finance raises $7.2MM from SignalFire

Fintech • Seed • Palo Alto, CA
 

Prellis Biologics raises $14.5MM from Celesta Capital

Biotechnology • Round B • San Francisco, CA
 

ProovTest raises $9.7MM from Hambrecht Ducera Growth

Fertility • Round A • Boulder, CO

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