Silicon Valley Funding News - Week of November 22, 2021.  Lacework Raised $1.3B Series D

Hello from Sicily!  I am working and spending Thanksgiving week in Sicily.  Yes Sicily Italy, not Sicily Ohio. =)

While I am trying relax a bit, tech investing is on fire. Lacework is raising $1.3 billion - the largest funding raise in Q4 led by Altimeter Capital and Tiger Global. A slow week for Tiger with their $8.8B fund.  Seed funds are also getting bigger and bigger.      

Not only Tesla, Lucid’s market cap is now bigger than Ford and GM. Meanwhile, OpenSea (NFT Marketplace) is offered $10 Billion valuation. Gemini Crypto Exchange is raising at $7 Billion valuation. Unicorns the term now seem so early 2000. =)

I did a fun video interview with CoinTelegraph on why I invested in Solana. Check it out!  Our portfolio Polysign (Standard Custody) now supports Solana. Yay!

Race Capital portfolio companies are hiring!  Check out our job board. 

This week a total of 39 startups raised $3.102B in funding, 4 exits:

• $2.1127B goes to 20 Enterprise startups
• $75M goes to 2 FinTech startups
• $94M goes to 1 HR startup
• $555M goes to 1 Marketplace startup
• $10M goes to 1 Entertainment startup
• $10M goes to 1 Gaming startup
• $14M goes to 1 Real Estate startup
• $26M goes to 1 Autonomous Vehicle startup
• $6.1M goes to 1 Logistics startup
• $77M goes to 1 Healthcare startup
• $21M goes to 2 BioTech startups
• $61M goes to 1 AgTech startup
• $6.5M goes to 1 Cannabis startup
• $12.7M goes to 3 Food and Beverage startups
• $1M goes to 1 Recycling startup
• $20M goes to 1 Renewable Energy startup