Between Roblox's incredible $39 billion IPO, Bitcoin tops the $60,000 mark, and Beeple selling NFT (non-fungible tokens) art for $69 million, this past week was just incredible.
Customer base: 43M “verified users” with monthly active users at 2.8M. 96% are retail customers
Investors: Andreessen Horowitz (A16Z - $11B), Union Square Ventures (USV - $5.1B), and Ribbit Capital ($4.4B)
Corporate headquarters office location - “Address Not Applicable”
Opaque Systems (one of my portfolio companies) is hiring! Building on an open-source MC2 Platform, Opaque enables secured analytics and machine learning on encrypted data. Their team is super badass and all-stars. They are looking for an awesome product manager and developer evangelist. Check it out.
This week a total of 22 startups raised $972.5M in funding, 5 exits:
$199.4M goes to 8 Enterprise startups
$243.5M goes to 3 FinTech startups
$23.4M goes to 2 Crypto startups
$50M goes to 1 Robotics startup
$5M goes to 1 Transportation startup
$20.3M goes to 1 Insurance startup
$37.4M goes to 1 VR startup
$300M goes to 2 Healthcare startups
$2.5M goes to 1 BioTech startup
$60M goes to 1 Autonomous Vehicle startup
$31M goes to 1 Other startup
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Pico Interactive (VR headsets) raised $37.4M Series B from Co-Stone Asset Management Co., Ltd., Shenzhen Yidun Media Investment Fund, Jianyin International Capital Management (Tianjin) Co., Ltd., and CCBI Tech Venture (Suzhou)