Welcome to the Crunchbase News Weekend Update. An email form of this post went out Saturday morning. Happy reading!
Fall in San Francisco looks like TechCrunch Disrupt, coffee-robot tension, Brex, cannabis funding, and esports. Last fall, while I was still in Boston, I would’ve said that this month felt like meeting old friends, Allston Christmas, and the leaves actually changing colors.
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Adjustment aside, let’s get into the latest headlines with an IPO update. In this week’s line up, we had debuts from Datadog and Ping Identity, funding for Postmates, and a set-the-record-straight moment from Airbnb (and WeWork).
Then there’s the still-private, but equally big companies. A Brazilian online home goods platform, MadeiraMadeira, raised $110 million; payments company Stripe raised $250 million; and WordPress owner Automattic landed $300 million.
We also covered two industries that have been traditionally slow to adopting new technologies but seem to be coming around. Fieldwire, which has developed a cloud-based task management tool aimed at those working in the construction field, raised $33.5 million. And Biproxi, which aims to be the “Zillow of commercial real estate,” brought in $10 million in a seed round.
Through scouring filings, we also got a look at the latest venture funds. Deep-tech investor DCVC landed $725 million for Fund V; March Capital Partners is eyeing $410 million for Fund III; Revolution Ventures closed $215 million for its third fund, and Precursor Ventures is raising $10 million for an opportunity fund. As part of the Seed Series, Gené Teare interviewed #Angels on its investment taste buds. Mary Ann also looked into Goldman Sachs’ startup investing spree.
Finally, here are some big topics in the late-stage and public markets you should understand: a theory behind Slack’s market repricing, the trend of supergiant seed rounds, and why, if you care about Andreessen Horowitz, you should probably care about the J-Curve.
After all of this, I guess one thing has stayed the same between the move from Boston to San Francisco: September will always be a little nerdy after all.
P.S. Follow me on Twitter (@nmasc_)