March 1, 2021

• Last week, DigitalOcean filed its S1 for its upcoming IPO

• Klarna raised $1 billion at a $31 billion valuation.

• Kraken was raising a new funding round that would value the company at $10 billion.

• Next Insurance was raising a new funding round that would value the company at $4 billion.

• Olo filed its S1 for its upcoming IPO.

• Reddit raised an additional $116 million as an extension of its Series E round.

• Rocket Lab planned to get acquired by Vector Acquisition Corporation, a SPAC, that would value the company at $4.1 billion.

• Zomato raised $250 million at a $5.4 billion valuation.

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February 22, 2021

• Last week, Brex applied for a bank charter and hired Bruce Wallace to head its new Brex Bank initiative.

• Coinbase completed several secondary transactions with the highest trade completed at $373 per share, which valued the company at $100 billion.

• GoPuff acquired Fancy, a UK based micro fulfillment delivery firm.

• Marqeta confidentially filed documents for its upcoming IPO.

• SpaceX raised $850 million at a $74 billion valuation.

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February 15, 2021

• Last week, Coupang filed its S1 for its upcoming IPO

• Reddit raised $250 million at a $6 billion valuation.

• SentinelOne planned to acquire Scalyr, a startup that developed a logging analytics and management suite, for $155 million.

• ZocDoc raised $150 million in a new funding round.

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February 9, 2021

• Last week, 23andMe planned to be acquired by VG Acquisition Corp, a SPAC, in a deal that the values the the company at $3.5 billion.

• Automattic acquired Parse.ly, a content analytics startup.

• Knotel filed for bankruptcy.

• UiPath raised $750 million at a $35 billion valuation.

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February 1, 2021

• Last week, Databricks was raising $2 billion at a valuation between $27 billion and $29 billion.

• DataStax acquired Kesque, a cloud messaging platform that is used to stream data between enterprises.

• Didi Chuxing raised an additional $300 million for its autonomous driving unit.

• Nubank raised $400 million at a $25 billion valuation.

• Robinhood raised $3.4 billion in new funding to meet regulatory requirements related to users’ trading activity and expand its financial literacy initiatives. Its user trading volume increased significantly following the Reddit-fueled rally of select stocks including AMC and GameStop. Robinhood received criticism following the decision to limit customer’s trading activity in these stocks after drawing on between $500 million and $600 million in credit lines to meet higher margin requirements.

• Qualtrics raised $1.55 billion in its IPO at roughly a $15 billion valuation.

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