Weekly Round Up: 11/6/20

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:

💼Are you a family office wanting to learn how to achieve returns and deliver on your sustainability goals? Want a behind the scenes look at how other Family Offices have successfully created an effective ESG strategy? 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 and diverse members of the venture community. Register here.

📈Join Rob Israch, CMO of Greenspring direct investment Tipalti, on 11/10 @ 9 AM PST as he is joined by a few other industry leaders to talk about building The Best In Class Finance Tech Stack. Register for this event here.

Based well outside of Silicon Valley, we have a unique vantage compared with those located in what has been considered the epicenter of tech culture and innovation in the US for 70 years. Now because of the COVID pandemic, we are seeing tech titans and VCs fully embracing the remote work culture and exploring life outside Silicon Valley. What does this mean for the future? Democratization of venture and innovation, we hope. Read more here.

“The COVID-19 crisis is illuminating – and accelerating – dynamics that venture investors have long understood: innovation disrupts everything, even asset allocation.” Learn more about how venture capital is increasing in importance as a source of diversification and return amid a shrinking public universe and accelerated adoption of digital technology. For more of our views on the case for venture capital today, check out our recent article in IPE here. 

Andrei Brasoveanu, Partner at Greenspring manager Accel, discusses his investments in Israeli companies and why Accel continues to invest in them even virtually. Read more about his journey in the #VC space and about the investment strategies he believes in here.

Looking for tips on being a SaaS finance leader? Greenspring manager Bessemer Venture Partners has got you covered here.

“The competitive advantage this nation has is that it becomes a magnet for the smartest people everywhere to move here. And I really think that’s something that America should realize is a privilege, and do whatever they can to maintain it.” Check out Bessemer Venture Partners’s latest episode of This is Series A featuring Ankur Nagpal, founder and CEO of Teachable, where users can transform their expertise into online courses in specialized subjects. Listen here. 

Greenspring direct investment Imago BioSciences, a biotechnology company developing treatments for myeloid diseases will be presenting data from its Phase 2b Study of Bomedemstat at the American Society of Hematology Annual Meeting on 12/5! Read more about the study here. 

Goodcover, an insurtech start up looking to pass unused premiums back to policy holders, has raised $7.5 million in Series A financing led by Greenspring manager Goodwater Capital. Read more here.

When you have a B2B SaaS company, when is the right time to raise capital? Greenspring manager High Alpha talks through the 5 signs that it’s time to raise #VC here.

Theta Lake, a leader in security and compliance solutions for platforms such as Cisco, Webex, Microsoft Teams and more has raised $12.7 million in Series A financing led by Greenspring manager Lightspeed Venture Partners. Read more here. 

Barry Eggers, founding partner of Greenspring manager Lightspeed Venture Partners and Chair of the National Venture Capital Association talks through the implications if a Biden vs. Trump administration on the #VC space on the most recent episode of The The Twenty Minute VC Podcast. Listen here.

Congratulations to Lightspeed backed-Yugabyte, a leading high performance SQL database, for being recognized by Gartner as a Cool Vendor in Data Management. Read more about all the features Yugabyte has to offer here. 

It’s the last day to apply for Greenspring manager True Ventures Fellowship Program! The goal of this program is to provide students with the opportunity to learn new skills, gain experience, and develop their future networks among the VC world. View the application requirements and apply here.

Venrock-backed NOVAVAX INC is planning a major expansion and looks to add at least 400 jobs! Novavax continues to work on the fight against the pandemic but also is looking to help the job market by doubling their employee count by December 2024. Read more on this here. 

In honor of the one-year anniversary of the reopening of our London office, we are highlighting three Europe-based managers with whom we have the distinct privilege of partnering. For our third and final installment in the series, we sat down (virtually) with Frederick Court, Founder of Felix Capital, to discuss the current investment landscape in Europe, trends he is seeing in portfolio companies, how venture capital can contribute to our collective path forward in a post-COVID world, and more here.

This month, Greenspring direct investment Grove Collaborative was named a 2020 Safer Choice Partner of the Year Winner by the US Environmental Protection Agency (EPA). Grove Collaborative is an ecommerce platform selling sustainable home and personal care products and this award recognizes the safety, transparency and green chemistry that Grove offers for its products. We are so proud to be a part of this journey! #VCforGood Read more about this 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.