February 15, 2022
Last week, BlockFi was fined $100 million during a SEC investigation related to its high yield lending product. As a result of the investigation, BlockFi isn’t allowed to open accounts for new users.
Branch raised $300 million at a $4 billion valuation.
Starburst Data raised $250 million at a $3.35 billion valuation.
February 8, 2022
Last week, Bolt’s CEO, Ryan Breslow, resigned following a rant on Twitter pertaining to his personal beliefs of the startup realm.
Calm acquired Ripple Health Group, a healthcare platform that has a caregiving product offering.
Flexport raised $935 million at a $8 billion valuation.
Netlify acquired Quirrel, a serverless job queueing platform.
Ramp raised a new funding round at a $8 billion valuation.
2021 highlights:
Grew annual revenue 60% year-over-year
Recorded a 75% surge in transaction volume; productivity per rep increased 46% year-over-year
Increased headcount by nearly 25%, growing its team of experts to serve its rapidly growing clientele
Expanded global footprint with over 60 broker partners across the US, Europe, and Asia Pacific
Demonstrated industry thought leadership with weekly research and market commentary in mainstream media
January 31, 2022
Last week, Carbon released its new printers, M3 and M3 Max 3D, that make more robust 3D printing products in a quicker manner.
Dremio raised $160 million at a $2 billion valuation.
Gorillas acquired Frichti, a French-based startup that delivers prepared meals and groceries.
January 24, 2022
Last week, Animoca Brands raised $360 million at a valuation greater than $5 billion.
Lattice raised $175 million at a $3 billion valuation.
Plaid acquired Cognito, an identity verification startup, for $250 million. Plaid also paid $58 million to users of Robinhood, Venmo and other apps that employed its technology due to a compliant that attested that the firm was collecting financial data from consumers.
Swiggy raised $700 million at a $10.7 billion valuation.
January 18, 2022
Last week, BlockFi appointed Deborah Barta as its COO and Alex Grigoryan as its CTO. Barta previously was the Senior Vice President of Provenance and Strategy at Mastercard. Grigoryan previously was the Senior Vice President of Engineering at Skillz and the Vice President of Engineering, Customer Experience, and Specialized Experiences at Walmart.
Bolt raised $711 million at a $8.4 billion valuation.
Checkout.com raised $1 billion at a $40 billion valuation.