Weekly Round Up: 4/1/21

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:

Join Greenspring GP Hunter Somerville alongside other great panelists for a webinar on building an institutional LP base hosted by Carta! The webinar will take place on Thursday, April 15^th and you can register to join here.

While 2020 was one of the most chaotic years in recent history, in the words of Sun Tzu, the famous Chinese General and philosopher, “in the midst of chaos, there is also opportunity,” and there was tremendous opportunity for the innovation economy to accelerate and thrive. The Greenspring venture platform was able to capitalize on these dynamics based on our investment strategy, our focus and doubling down on what got us here: team, strategy, process, technology and the ability to deliver value outside of capital. We are pleased to share the highlights from a milestone year for Greenspring Associates, with updates and changes happening across the Firm. Join us in looking back on our 20th year as a comprehensive venture capital investment platform with our full 2020 recap here.

Huge congrats to the team at Entrada Therapeutics on the successful completion of their $116 million Series B financing! We are thrilled to partner with the biotech company in the next chapter of their mission to transform the treatment of devastating diseases. More here.

Chainanalysis, a New York-based blockchain analysis company, has raised $100 million in Series D financing. This Company provides data, software, services and research to different institutions in more than 60 countries. Read more on why Greenspring managers Accel and Benchmark have chosen to partner with this Company here.

Counterpart, a management liability insurtech startup, has raised $10 million in recent financing with participation from Greenspring manager Felicis Ventures. More here.

What does it take to build a modern beauty brand? Nicole Quinn of Greenspring manager Lightspeed Venture Partners and seven other top venture capitalists share what they are looking for when investing in the next generation of beauty brands via Allure here.

Congratulations to Greenspring direct investment and software company UiPath on acquiring Cloud Elements, an API integration platform! Read more here.

Manual, a men’s health and wellbeing company, recently raised $30 million in funding with participation from Felix Capital. Read more here.

Bengaluru-based HealthPlix, a healthcare startup with a unique doctor-first B2B approach, has raised $13.5 million in Series B funding led by Greenspring manager Lightspeed Venture Partners. Learn more here.

Zoomin, which provides knowledge orchestration solutions, has raised $52 million in Series C funding with participation from Greenspring manager Bessemer Venture Partners. Learn more about the Company’s plans and its recent round here.

KUDO, creator of a multilingual video conferencing platform, has raised $21 million in Series A funding led by Greenspring manager Felicis Ventures. Learn more about the Company and its mission here.

Want to send personalized Easter greetings to your celeb-obsessed family and friends from afar? It’s not too late to use celebrity personalized video message website Cameo, which just raised $100 million with participation from Greenspring manager Lightspeed Venture Partners. Read more here.

Watch Tess Hatch of Greenspring manager Bessemer Venture Partners discuss the impact of SPACs on the space industry 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.