Silicon Valley Funding News - Week of June 20, 2022. Fountain Raised $100M Series C led by B Capital

View this email in your browser

Heading to Collision Toronto this week! ✈️ ✈️ ✈️  and looking forward to another fun fireside chat with Binance.us CEO.  Join us!

Here's 5 great reads for this week:

  • 😔 Coinbase Layoff  - At the beginning of 2021, Coinbase had 1,250 employees and grew to 6000 in less than 12 months. This past week, Coinbase laid off 18% of its staff firing 1100 people.  More than 16,000 tech workers were let go in May, according to layoff tracker Layoffs.fyi. Companies like BlockFi, OneTrust, Bytedance and Bird have all shedded employees this month.
  • 💰 Celsius (centralized lending platform) froze all withdrawals amid a run on its deposits. Celsius claimed they have 1.7 million users, $750M in insurance and military-grade security.
  • 🙈 3AC (a $18 billion AUM crypto fund) bought 10.9M locked LUNA token for $559.6M is now worth $670.45, “ghosted everyone” in response to margin calls and is now on the verge of collapse. Many crypto lost their treasury as 3AC gave an 8% APR guarantee. The founders felt safe because ...
  • 👋 Bye Bye Facebook - Sheryl Sandberg's complicated 14-year career at Facebook. Good podcast summary by WSJ.
  • 🇨🇳 Reverse CFIUS - The US government might soon have a problem with investors making venture capital or private equity investment in China. This applies to investing in industries involved in artificial intelligence, large-capacity batteries, critical minerals, pharmaceuticals, pharma ingredients and quantum technologies.  This will be administrated by a new interagency group called the Committee on National Critical Capabilities (CNCC). Read more.

This week a total of 20 startups raised $486M in fundingM&As:

  • $58.7M goes to 6 Enterprise startups
  • $12M goes to 1 Mobile startup
  • $20M goes to 1 FinTech startup
  • $105M goes to 2 HR Tech startups
  • $5M goes to 1 EdTech startup
  • $81M goes to 2 E-Commerce startups
  • $30M goes to 1 Construction startup
  • $75.3M goes to 2 BioTech startups
  • $22M goes to 1 Aerospace startup
  • $47M goes to 2 Gaming startups
  • $30M goes to 1 Other startup
If you love this newsletter, ask your best friends to sign up.

Edith

See more details below:

 
  
  Funding (300 miles radius from Silicon Valley)

Enterprise
Mobile  FinTech HR Tech EdTech E-Commerce Construction BioTech Aerospace Gaming Other IPO & M&A (300 miles radius from Silicon Valley)  
Ask your friends to sign up for Silicon.news.
 
  






This email was sent to you
why did I get this?    unsubscribe from this list    update subscription preferences
RightVentures · 548 Market Street, #7142 · San Francisco, CA 94104 · USA

Older messages

Silicon Valley Funding News - Week of June 13, 2022. Vanta Raised $110M Series B led by Craft Ventures

Monday, June 13, 2022

View this email in your browser Hello from the beautiful sunny San Francisco! Here's 5 great reads for this week: 😂 Web3 vs Web5 vs Web6 vs Web69 - Jack Dorsey announced the launch of Web5. Web5 is

Silicon Valley Funding News - Week of June 6, 2022. Coralogix Raised $142M Series D

Monday, June 6, 2022

View this email in your browser Time really flies by... I cannot believe it is already June 2022. Here's 5 great reads for this week: 📖 Sequoia Capital on Downturn - I really like this presentation

Silicon Valley Funding News - Week of May 30, 2022. Cribl Raised $150M Series D led by Tiger Global

Monday, May 30, 2022

View this email in your browser Happy Monday! Here's 5 great reads for this week: 😳 Former WeWork CEO Adam Neumann's is launching a token! It is called Goddess Nature Token (GNT) with the goal

Silicon Valley Funding News - Week of May 23, 2022. Glean Raised $100M Series C led by Sequoia Capital

Monday, May 23, 2022

View this email in your browser I am back in from San Francisco after a week on the East Coast (Miami, Palm Beach, Boston, etc)! Everyone at the Permissionless Conference only wanted to talk about

Silicon Valley Funding News - Week of May 16, 2022. Rippling Raised $250M Series D

Monday, May 16, 2022

View this email in your browser This is probably one of the worst weeks since 2008 for venture capital, startups and crypto. Anyone can be a hero when things go well. This is the time to show your

DesignMind, ScreenshotOne, Hi Market!, Mana, and QPage

Saturday, June 25, 2022

Unlimited design consultations & strategy BetaList BetaList Daily DesignMind Unlimited design consultations & strategy ScreenshotOne Fast, reliable and scalable screenshot API Hi Market! Entry

[SaaS Club] First Time Founder's Guide to PMF

Saturday, June 25, 2022

Hey Reader I hope you're doing well. Here's a quick round up of what's been going on at SaaS Club: 🎧 Podcast In 2018, Cristina quit her job to start her SaaS business... She was a first-

The best deal we’ve ever offered (75% off)

Saturday, June 25, 2022

Hi , Right now we're knocking 75% off three of our most popular courses. Because, we've seen that the entrepreneurs who are quickly growing their businesses and incomes in today's

What's 🔥 in Enterprise IT/VC #295

Saturday, June 25, 2022

Developers, developers, developers - Microsoft's massive developer reach + what's next for enterprise adoption ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🗞 What's New: How founders are preparing for a recession

Saturday, June 25, 2022

Also: Tips for cold emails that convert! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

New Micro Startups For Sale 🚀 - Listings #4

Saturday, June 25, 2022

Today we have three new Micro-SaaS startups listed. Budget range from $1000 to $5000. Traction from 150 up to 1345 users. June 25, 2022 | Read Online New Micro Startups For Sale 🚀 - Listings #4 Today

Startupy Issue #13: a laid back newsletter about very serious ideas

Saturday, June 25, 2022

down the 🐇🕳️: the trouble with optionality, leaked tech emails, and post-individualism ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

America is having a week

Saturday, June 25, 2022

View in browser Top News It's been quite a week here in the US. Yesterday, the Supreme Court struck down a 108-year-old New York law limiting who can obtain a license to carry a concealed handgun

🚀 Viasat To Acquire Inmarsat

Friday, June 24, 2022

Plus: Redwire ($RDW) Officially Sells the First In-Space Manufactured Item for $2M per Kilogram View this email in your browser The Space Scoop Week Ended 06.24.2022 Happy Friday! Markets bounced

10words: Top picks from this week

Friday, June 24, 2022

10words.io Discover new apps and startups in 10 words or less LingoDuck: Learn languages faster by video chatting with natives for free Click Pro Photographers: A network of ambitious women