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Highlights of the Week (February 11, 2022)

Highlights of the Week (February 11, 2022)
February 11, 2022

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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As a digital content strategist, I'm always looking for ways our remote team members can interact, share ideas, and solicit feedback. Because I work at PrivCo, I get to go beyond these companies' marketing sites and into their financials for an objective view of their businesses and, by extension, the likelihood a vendor-client relationship will be a success. Do we want to work with video collaboration tools from Loom or Vidyard? Reviews suggest they're relatively comparable, but what about their 2021 revenues? For the UX redesign of our pricing page, do we want to collaborate on designs using Miro or Figma, Adobe XD or Google's Jamboard? Functionality will always come first in our decision-making, but it's insightful to look behind the scenes and predict the potential market dominance or forthcoming cash implosions.

Meanwhile, here's a refresher on the week's stories from PrivCo:

  • Monday, we examined the trends, policies, and issues shaping the rise in microentrepreneurs (also called micropreneurs), as evidenced by the highest new business applications on record. Find out who's hanging up his or her hat as an employee to become a CEO of one here.

  • SPACs may have lost their luster after poor public markets performance, but that latest fact isn't stopping new nations from joining the trend. The UK, Singapore, Brazil, and China are riled up for a homegrown SPAC frenzy. Read more.

  • One company has built an empire around ugly shoes. From surfer boots turned mainstream obsession to running enthusiasts' runaway hit, we're looking at Deckers Outdoor Corp's ugly shoe fetish. Check it out.

  • We've been operating on a 40-hour workweek for nearly a century. But with all the technological and cultural changes since, why are we still on the same schedule? See what's happening at the forefront of the four-day workweek here.
Quick News:
📚 Upskilling startups become hot investments as the Great Resignation continues
🚙 Carvana is buying up used cars above their original prices. Why?
🔌 How will Biden’s EV funding impact startups?
📰 The government might be redesigning Facebook's newsfeed
😷 Why didn't some of us ever get COVID?
Apple’s AirTag is backpedaling after becoming popular stalker tool
Since last week, PrivCo has added:
 
861 Companies |  292 Funding Activities | 215 M&A Deals
 

Funding & Deal Highlights:
 

Endless West raises $60MM from Level One Fund

Spirits • Round C • San Francisco, CA
 

Masterworks raises $110MM from Left Lane Capital

Art Investing • Round A • New York, NY
 

Alma raises $130MM from Tencent Holdings

Fintech • Round C • Neuilly-sur-Seine, France
 

Alma raises $109MM 

Fintech • Debt • Neuilly-sur-Seine, France
 

SardineAI raises $19.5MM from a16z

Fraud Protection • Round A • San Francisco, CA
 

Cazoo raises $630MM from Viking Global Investors

Car Retailer • Equity • London, UK
 

Curevo Vaccine raises $60MM from RA Capital Management

Biopharmaceuticals • Round A • Seattle, WA
 

Forbes raises $200MM from Binance

Publishing • Equity • Jersey City, NJ
 

Indapta Therapeutic raises $50MM from RA Capital Management

Biotechnology • Round A • San Francisco, CA
 

Odys Aviation raises $12.4MM from Soma Capital

Drones • Seed 
 

Salt Security raises $140MM from CapitalG

Cyber Security • Round D • Palo Alto, CA
 

Ada Health raises $30MM from Red River West

Virtual Health • Round B • Berlin, Germany
 

Arkuda Therapeutics raises $64MM from Cormorant Asset Management

Biotechnology • Round B • Watertown, MA
 

Relation Insurance Services acquires Sleeper Sewell Insurance

Employee Benefits • Acquisition • Dallas, TX
 

 

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