Weekly Round Up: 10/16/20

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:

✨ Huge congratulations to Jennifer Doudna, co-founder of NFX and Mayfield Fund backed Mammoth Biosciences, on being awarded the 2020 Nobel Prize in Chemistry! Read more about this here. 

💹 Despite pandemic-induced economic headwinds, venture exits saw a meaningful uptick during Q3, reaching their second highest exit values in history amid a robust IPO market. Read the full report from the National Venture Capital Association and PitchBook Data here.

🌱 Don't forget to register to join GA Partner Seyonne Kang for a webinar on November 10 featuring other LPs and Family Office participants from Capricorn Investment Group and Tamar Capital . The event is sponsored by First Republic Bank, Level Ventures and Runway Innovation Hub. 

The event is open to all Family Offices, investment professionals, entrepreneurs + diverse members of the venture community. For more information and to register, visit the event page.

Vivun, a pre-sale forecasting platform, has raised $18 million in Series A financing led by Greenspring manager Accel. Read more here.

Strike Graph, a platform enabling security and certifications, has raised $3.9 million in seed financing with participation from Greenspring manager Amplify Ventures. Read more here.

Nym Health, a medical coding technology provider, has raised $16.5 million in Series A financing with participation from Greenspring managers Bessemer Venture Partners and Lightspeed Venture Partners. Read more here.

Cloudflare has released its newest platform, Cloudflare One where businesses can be protected and secure while their teams work remotely on any device. Read more about this new feature here. 

Greenspring direct investment Cohesity announced an exciting new #datamanagement partnership with Amazon Web Services! Together the companies will help enterprise and midsize customers secure, govern and analyze their data. Read more here. 

Be sure to register for “Building an Equitable World for the Next Generation” - a virtual town hall for inspiring the next generation of leaders through the pursuit of racial equality across industries presented by Greenspring manager Lightspeed Venture Partners.

Congratulations to NFX -backed Modus, an escrow software startup for being acquired by Compass, an end-to-end real estate platform. Read more here. 

Congratulations to Greenspring portfolio company Paladina Health, for their recent acquisition of Healthstat, Inc., a provider of employer-sponsored health centers. Read more here. 

Congratulations to Segment, a California based data platform backed by Greenspring managers Accel and Meritech Capital Partners, for being acquired by cloud communication company, Twilio Inc.. Read more here. 

Congratulations to Greenspring primary manager True Ventures for their close of not one, but two funds this week, totaling $840 million in fresh capital. We are thrilled to support them as they invest in the boldest early stage founders operating today and enable them to create companies that redefine our future. Read more here. 

In honor of the one-year anniversary of our London office's reopening, we are highlighting three Europe-based managers with whom we have the distinct privilege of partnering. To kick off the series, we sat down (virtually) with Sonali De Rycker, Partner at Accel, to discuss the investment landscape in the UK and Europe, trends she is seeing among her portfolio companies, how venture capital can contribute to our collective path forward in a post-COVID world, and more. Read our blog here. 

“I have been able to be the covering analyst on GA portfolio company LogicGate from initial investment in 2019 to present. Watching management implement the go-to-market strategy and provide a SaaS based governance, risk and compliance solution to customers has been very interesting to watch live” #HumansofGreenspring

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.