Funding & Deal Highlights:
Clubhouse, an audio-based social network with fewer than 5,000 beta test users, has closed an eyebrow-raising $10M round at a $100M valuation from famed US venture capital firm Andreessen Horowitz (aka a16z). The news has drawn huge attention from the startup world, with some speculating that a bunch of "Clubhouse for X" companies will soon launch. But there are also skeptics who question the extension of the simple phone call. While the app is still in beta, the world can't seem to wait for its arrival.
Matterport, a provider of 3D capture software, raises nearly $40M in new VC funding. It works with existing hardware, such as an iPhone, to scan and recreate 3D images. The applications of the software include real estate, construction, travel, and insurance. The company is seeing increased demand as a new normal sets in.
St. Louis-based life sciences startup C2N Diagnostics, which has developed a blood test designed to detect Alzheimer's disease, said Thursday it has received a $20M investment.
Arnie Bellini invests in Vinik-backed restaurant tech company Omnivore.
Hopper, the online travel agency that has emphasized pricing predictions, closed a $70M round of funding.
Envoy, a startup focused on remote work, secures $30M. Check out all startups curated by PrivCo that fit the theme by searching for "workplace management" as a keyword.
LA-based Ettitude, maker of bamboo bedding and sleepwear, raises $1.6M.
Graham Holdings Company acquires Framebridge, Inc.
Hostmark acquires RAR Hospitality.
Higginbotham acquires a TX-based independent insurance broker from Extraco Banks.
Clairvest buys Sunpower's solar operations and maintenance unit.