Weekly Round Up: 1/22/21

At Greenspring we believe in venture capital's ability to propel innovation, job creation and positive societal change. We celebrate those who think differently, take measured risk and challenge perceptions. Here's what's trending in VC this week:

StackPulse, which automates incident response management, has raised $28 million in Series A financing with participation from Greenspring manager Bessemer Venture Partners. Read more here.

Wintermute, a liquidity provider for digital assets, has raised $20 million in Series B financing led by Greenspring manager Lightspeed Venture Partners. Read more about the round here.

Congratulations to Lightspeed Venture Partners-backed Daily Harvest for being featured on the Today Show! Watch as Rachel Drori shares her story and the inspiration behind the brand here. 

uLesson Education, which is using digital networks to deliver learning experiences that exceed what is currently available to 90%+ of African K-12 learners, has raised $7.5 million in Series A financing with participation from Greenspring manager LocalGlobe. The Company will use this capital to build these networks, address more age brackets and countries, and develop their deliberate approach to measuring/optimizing learning efficacy and outcomes. Read more here. #VCforGood. 

“Why is fundraising so challenging? Because it’s supposed to be hard. It’s a filter for groundbreaking ideas and top Founders from all around the world.” Greenspring manager NFX offers their best tips for founders who are looking to fundraise in their recent blog post here. 

Congratulations to Greenspring direct investment Rocket Lab, also backed by Greenspring manager Bessemer Venture Partners, for the successful launch of a communications satellite this week! This was the company’s first Electron launch of 2021 and was in partnership with the Germany-based OHB SE Group. Read more about the launch here. 

Andrew Beebe, Managing Director at Obvious Ventures, sits down with Brendan Wallace to discuss the recent wave of clean investing and why keeping sustainaibility at the core of an organization ultimately builds a better business here. 

Are you a founder or startup exec working towards a successful venture outcome? Scale Venture Partners is sharing “The Great Exit Database” or “G.E.,” an analysis that includes all venture-backed exits, not just Scale’s focus area of enterprise software, for the first time. As part of the investing team’s annual offsite, Scale reviews all U.S. venture-backed exits (M&A and IPOs greater than or equal to $100M in aggregate proceeds) that occurred in the prior year. This is a cumulative exercise that builds on all of the work done in prior years. Check it out here for data and insights.

We are excited to announce the launch of Nothing Ventured, Nothing Gained, a podcast about Limited Partners who think differently about allocating to venture. With this podcast, we sit down with LPs to unpack what makes a strong GP/LP relationship, how they think about investing and portfolio construction, deal diligence, the macro environment, and more. In our inaugural episode, Greenspring Partner Hunter Somerville sits down with Ryan Rathman and Travis Haney from the State of Michigan Department of Treasury Bureau of Investments. Listen to the episode here.

Are you a PR Rockstar with a passion for VC and startups? Our #JobOfTheWeek this week is from Greenspring manager NFX, a seed venture firm that is transforming how true innovators are funded. With a mission to build the next-gen VC firm and expand their PR and social media presence, NFX is seeking a Head of Public Relations & Social Media. Sound like something of interest? Apply here. 

The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.