SA国际传媒

Venture

Lattes With Fungi, Bill.com鈥檚 Not-So-Boring Debut, Plus Healthbots

Illustration of woman wearing a Sassy t-shirt.

Welcome to the聽SA国际传媒 News Weekend Update. An email form of this post went out Saturday morning. Happy reading!

As we all begin attending holiday parties, here鈥檚 a not so subtle reminder that your tipped-over champagne glass and dropped hors d’oeuvres don鈥檛 clean themselves. Someone has to pick it up, so be mindful while you鈥檙e celebrating.

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Now let鈥檚 get festive with a company we covered this week that wants you to swap that whole milk in your peppermint latte with some DNA-sequenced fungi. Perfect Day Foods, a Berkeley-based startup,聽raised $140 million for its dairy-free milk protein.

Other funding continued with Zeus,聽a corporate housing startup that got an investment from Airbnb聽among other founders. There was also Ride Home Media, which raised聽$1 million to build a podcast network, and聽a drone startup that netted $32 million. Bigger rounds included Charlotte-based聽Passport鈥檚 $65 million Series D, and聽Hometap鈥檚 $100 million to get a stake in customers鈥 homes. More on funding in聽Last Week in Venture.

From the M&A front,聽Apple bought Spectral Edge听补苍诲听Credit Karma bought Haven Money. And from the new fund side,聽Operator Collective raised its debut $45 million聽from over 100, well, operators. Meanwhile聽Piva closed a first fund at $250 million to focus on the energy industry.

Plus, Builders VC chatted with us to share聽how it invests in 鈥渘onsexy鈥 industries.

In the latest turn of events with the scooter industry saga, which we all thought (and I hoped), was over,聽we saw signs of consolidation within the once highly saturated market. And that reminds me, despite momentum, one report showed that聽investor confidence as a whole is down.

Finally, Bill.com may seem like a boring IPO compared to its controversial ride-hailing predecessors, but聽its debut on the public market was impressive.

To close on a more cheerful note than we began, I鈥檒l leave you with one of my favorite holiday drinks (and hacks) of all time: Trader Joes鈥櫬. Thank me later.

Cheers,
Natasha

<em>Illustration: <a href=”https://www.behance.net/user/?username=DomGuzman”>Dom Guzman</a></em>

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