Weekly Round Up: 3/5/21

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:

Greenspring portfolio company Rocket Lab has been busy! The Company recently announced plans to go public via a SPAC and this morning unveiled a new class of rocket in development, Neutron, which will be able to carry 8 metric tons (around 18k lbs) to orbit. Read more via TechCrunch  here. You can also check out CEO Peter Beck on Squawk on the Street discussing taking the Company public via SPAC and future space launches here!

Terminus, a B2B account-based marketing platform that helps high performing go-to-market teams more effectively integrate sales and marketing, has raised $90 million in recent financing with participation from Greenspring manager Edison Partners. Read more here.

January AI, which is working to develop a platform that predicts diabetic patients’ responses to certain foods, has raised $8.8 million in recent financing with participation from Greenspring manager Felicis Ventures. Read more here.

Check out what Dooly, a Canada-based startup, has been up to! Dooly is an AI-powered plugin for customer relationship management platforms and with the help of GA manager Boldstart, Dooly has raised $20 million in recent financing. Read more here.

Congratulations to Greenspring portfolio company Doma (FKA as States Title), a company seeking to disrupt the real estate title insurance market, which announced it has agreed to combine with Capitol Investment Corp. V, a publicly traded SPAC. More here.

“Axonius is among the fastest growing companies in BVP history.” Read more on the $100 million in financing the Company raised to expand, innovate and fuel market growth with the help of Greenspring managers Bessemer Venture Partners and Lightspeed Venture Partners here.

Xendit, an Indonesian digital payment platform, has raised $64.6 million in Series B funding led by Greenspring manager Accel. Read more here.

Congratulations to Oscar Health and GA manager Founders Fund on their exciting public market debut! Oscar Health is a technology-focused health insurance company. Read more here.

Great read from Greenspring manager NFX on why they think enterprise gateway marketplaces will turn large organizations inside-out here.

Moov, a marketplace for used manufacturing equipment, raised $2 million in funding with participation from GA manager NFX, making their total funding so far $4.4 million. Read more here.

We are thrilled to congratulate Kate Mitchell of Greenspring manager Scale Venture Partners for winning the NVCA’s 2021 American Spirit Award! Well deserved, Kate! Read more here.

We are thrilled to share our investment in Yugabyte, provider of an open source SQL database based on a document database architecture, alongside Greenspring manager Lightspeed Venture Partners. Learn more about the deal 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.