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:
Portfolio News:
- Run The World, an online event platform that focuses on engagement and social features, such as networking "cocktail parties", has raised $10.8 million in Series A financing co-led by Greenspring primary manager Founders Fund. Find out more here.
- Greenspring primary manager Pear VC helps to provide answers for founders regarding the fundraising landscape in the time of COVID-19, such as investment activity, whether to raise or not, building a new plan and more.
- PathSpot, which provides the food service industry with hand-washing hygiene scanning machinery that leverages detection technology to ensure proper and improved sanitation practices, has raised $6.5 million in Series A financing with participation from Greenspring primary manager Fika Ventures.
- Greenspring direct investment Paladina Health has partnered with SSM Health to support local employers with return-to-work resources, such as tools to help with monitoring potential and confirmed virus cases, ongoing consultation and more. More information here.
- thredUP, the online consignment marketplace and portfolio company of Greenspring primary manager Redpoint Ventures, will be partnering with Walmart to bring its secondhand clothing, shoes and accessories to Walmart's digital storefront. Read more on this exciting partnership here.
- Greenspring secondary investment UiPath is kicking off their Automation Awards 2020 competition to allow emerging B2B automation startups and scale-ups in the CEE region and Turkey the chance to win €50K, mentoring hours, tech and marketing support from UiPath experts and more! Check it out and apply here.
- Italy-based Commerce Layer, a headless e-commerce platform that provides retailers the tools necessary to develop and implement online sales strategies, has raised $6 million in Series A financing led by Greenspring primary manager Benchmark.
- Siren, a maker of washable fabric smart wearables, such as socks that help people with diabetes detect injuries that may otherwise go unnoticed, has raised $11.8 million in Series B financing with participation from Greenspring manager Founders Fund. Read more 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.
