I’ll be off on Tuesday, December 21, but we’ll return with a very comprehensive newsletter on Friday, December 24. Thanks very much for reading, and have a great week!
Coatue, Robert Downey Jr. fund cove.tool’s design tools for sustainable building
While there is plenty of technology out there to help make a building more sustainable, the ability to incorporate features into its design can be easier said than done. Enter cove.tool, a startup that wants to make sure buildings are sustainable by design from the moment of inception. The Atlanta-based startup, which has raised $30 […]
Backed by former Facebook and Twitter execs, Tagg launches social branding app for Gen Z
Gen Z isn’t satisfied with the social media they grew up with, so they’re building the apps that they want to use. A “social branding” app for creative teens and twenty-somethings, Tagg is announcing a $2 million seed round today from Twitter co-founder Biz Stone, Facebook’s former VP of International Growth Ed Baker, TripAdvisor founder […]
You are the most influential person we know
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. To close out the year, Natasha and Mary Ann and Alex headed to the mic with Grace and Chris behind the scenes. We got to our favorite topics, and honestly, got a chance […]
Are Nubank’s low IPO fees a sign of the times?
Fees on the Nubank IPO were among the lowest of the year. Could it also be a sign of some of the changes we are planning to track in 2022?
Fraîche grabs new capital to whip up fresh-delivered meals for New York offices
The company includes a smart fridge that is stocked with meals and snacks daily, and a mobile app so that office employees can check out the contents whenever they want.
Full Harvest targets food waste by finding homes for imperfect, surplus produce
Within the past two years, Full Harvest’s impact on keeping food out of landfills grew five times, prompting the company to seek out additional capital to keep the momentum going.
India’s most valuable startup Byju’s in talks to go public via record SPAC deal
Indian edtech giant Byju’s, the nation’s most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a person familiar with the matter said. Byju’s, currently valued at about $21 billion, is seeking a valuation of over $45 billion and looking to raise […]
Gopuff, the instant grocery startup, is raising $1.5B in a convertible note at up to a $40B valuation, ahead of going public as soon as mid-2022
Instant grocery — where urban-dwelling consumers buy food and other essentials and can get them delivered in 15 minutes or less — continues to be a big business, and one of the juggernauts in the space is now raising a big round of funding to meet that opportunity: Gopuff is in the process of raising […]
Vertical farming startup Infarm raises $200M for international expansion
Europe-based vertical farming firm Infarm this week announced a $200 million Series D. The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. It pushes the company’s total funding to north of $600 million, while placing its valuation “well” north of $1 bililion, earning its place as Europe’s first vertical […]