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Inside Venture Capital (Mar 8th, 2018)

This week's Goldilocks feature features Patch Homes' co-founder Sahil Gupta. The company focuses on offering homeowners a way to access their equity without interest or fees, and raised a $1M seed round in late April 2017.

--VC Reads--

-- The VC Inclusion Clause #MovingForward: Mark Suster, 2x founder and former Salesforce VP, discusses equality and funding.

-- How VCs Get Measured: NextView Ventures co-founder Rob Go (thredUp) discusses what matters to VCs, and what it means for founders.

-- The Sovereign Protocol War: Lightspeed’s Aaron Batalion (Shyp) discusses how we can still fight for the open web.

-- Beyond a Zero-Sum Game: Tech Innovation and China: a16z’ Connie Chan discusses trade and tech. (Video)

-- This Venture Capitalist Says SoftBank Is Creating a Subset of ‘Untouchable’ Companies: Fortune interviews Trinity Ventures’ Patricia Nakache.

-- 7 Women VCs on How Female Founders Can Get More Venture Dollars: Fortune reports.

-- Wall Street Tech Spree: With Kensho Acquisition S&P Global Makes Largest A.I. Deal In History: The Wall Street Journal reports.

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--AR/VR--

-- Magic Leap (Plantation, FL), AR/VR display tech for developers: $461M D led by Kingdom of Saudi Arabia’s Public Investment Fund, participation from Temasek, EDBI, Grupo Globo, Janus Henderson, Alibaba, Fidelity, J.P. Morgan, et al.

-- Upskill (Washington, DC), AR tech for use in industrial settings: $17.2M from Accenture, Cisco, Boeing HorizonX, GE, New Enterprise Associates, et al.

--Biotech/Health--

-- JW Therapeutics (Shanghai, China), cell-based therapies: $90M A from Temasek, Sequoia, YuanMing, Oriza Seed, Yipu, AVICT, WuXi AppTec, Juno.

-- Prevail, gene therapeies for Parkinsons: $75M A from OrbiMed, Pontifax, RA, EcoR1, Omega, BVF, Boxer, Adage, Alexandria.

-- Atomwise (San Francisco, CA), AI-based drug discovery platform: $45M A led by Monsanto Growth Ventures, DCVC, B Capital Group, participation from Y Combinator, Khosla, DFJ, Baidu, Tencent, Dolby Family. CEO and co-founder Abraham Heifets took this company through YC’s 2015 class.

-- EarlySign (Kfar Malal, Israel), AI-based platform to improve care for patients suffering from non-communicable diseases: $30M B led by aMoon Fund, participation from Horizon, Nir Kalkstein.

-- Cyteir (Cambridge, MA), DNA-based cancer/autoimmune disease treatment: $29M B led by Venrock, participation from Celgene, Lightstone, DROIA Oncology.

-- Whoop (Boston, MA), wearable for elite athletes understand and improve their bodies: $25M C led by UAE71 Capital, participation from NFLPA, Durant, Thursday, Two Sigma, Accomplice, Mousse, Promus, NextView, Jack Dorsey, et al.

-- Wildflower (San Francisco, CA), platform to connect families with health resources: $8M led by Health Enterprise Partners, participation from Hatteras, Echo Health.

-- TeraPore (San Francisco, CA), nanofiltration membrane systems: $6M A led by Anzu Partners, participation from RA, Artiman, Wilson Sonsini Goodrich & Rosati.

-- Metactive (Fairy, KS), treatments for heart diseases: $1.2M A from Mid-America Angels, Serra Ventures. Also received $1.5B grant from National Institute of Health.

--Edtech--

-- 17Zuoye.Com (Beijing, China), online k-12 education platform: $200M E from Toutiao.

-- Degreed (San Francisco, CA), platform to help users determine which skills they will need as they move forward in their career: $42M C led by Owl Ventures, Jump Capital, participation from Founders Circle, GSV Acceleration Fund, Signal Peak.

-- Kaishu Story (China), parenting education service provider: $24.7M B+ led by We Capital, Loyal Valley Capital, Shanghai Kunyan Investment, participation from Trustbridge, Qianhai.

-- Chengzhangbao (Shanghai, China), online logic-emphasized k-12 education platform: $24M B led by Zhen Fund, participation from Gopher, Kinzon, Fortune, Gene.

-- Ponddy (San Jose, CA), personalized language learning program for various audiences: $6M A led by Chenco Holding Company, participation from Osnaburge, MIC Ponddy AR Fund.

-- Elsa (San Francisco, CA), mobile app for learners of the English language: $3.2M Pre-A led by Monk’s Hill Ventures.

--Fintech--

-- Atom Bank (Durham, UK), mobile bank: $205M led by BBVA, Toscafund.

-- solarisBank (Berlin, Germany), corporate banking platform: $69.7M B from BBVA, Visa, Lakestar, DIF.

--Enterprise--

-- Mighty (New York, NY), capital access software for legal/medical companies: $114M from undisclosed sources.

-- TripActions (Palo Alto, CA), corporate travel platform: $51M B led by Lightspeed Venture Partners, participation from Zeev. CEO Ariel Cohen’s previous company streamOnce was acquired by Jive Software in 2013.

-- Justworks (New York, NY), HR, payments, and benefits platform: $40M D led by FirstMark Capital, participation from Index, Thrive, Bain, Redpoint.

-- Voicera (Menlo Park, CA), AI-based voice collaboration platform for meetings: $20M A led by e.ventures, participation from Battery, Cisco, GGV, Greycroft, GV, Microsoft, Salesforce, Workday.

-- M.io (Austin, TX), universal messaging platform for Slack: $5.75M from Goldcrest, Eniac, Two Sigma.

-- Ordermark (Santa Monica, CA), platform to aggregate online food orders onto one printer: $3.1M Seed led by TenOneTen Ventures, participation from Act One, Mucker, et al.

--Consumer Internet--

-- Atom Tickets (Santa Monica, CA), social media-based movie ticketing app: $60M C led by Fidelity Management & Research Company, participation from Lionsgate, Disney, Twentieth Century Fox.

-- Bliss Cake (Shenzhen, China), online cake booking platform: $47.5M B led by Cybernaut, participation from Shenzhouying, Bright.

-- Carsome (Malaysia), car trading platform: $19M B led by Burda Principle, participation from Gobi, InnoVen, Lumia.

-- Fishbrain (Stockholm, Sweden), mobile app/social network for fishers: $13.5M B led by B Capital Group, participation from SoftBank, Northzone, Industrifonden.

-- Grabr (San Francisco, CA), international P2P marketplace with delivery support: $8M A led by Foundation Capital, participation from Javier Olivan, Geoff Donaker, Matt Wyndowe, Gokul Rajaram.

-- NewsGuard (New York, NY), independent news review platform to prevent fake news: $6M A led by Publicis Groupe.

-- Kelly Klee (Aspen, CO), digital insurance broker: $4.5M Seed from Gary Tolman, David Fitzgerald, David Wong, Matt Coffin, Jon Kelly, Langdell.

--Robotics--

-- UiPath (New York, NY), RPA platform for robot design and deployment: $153M B led by Accel,  participation from CapitalG, Kleiner Perkins Caufield & Byers, Earlybird, Credo, Seedcamp. Original reports believed the round to be $120M.

--Cleantech--

-- Ecobee (Toronto, Canada), smart thermostat for home use: $61M C led by Energy Impact Partners, participation from Thomvest, Relay, Amazon Alexa Fund, North Leaf, Export Development Canada, Ontario Capital, Tech, GXP Investments.

--Real Estate--

-- Qualia (San Francisco, CA), platform to platform home closing: $33M B led by Menlo Ventures,  participation from 8VC, Bienville, Barry Sternlicht.

--Adtech/Martech--

-- Geolid (France), online local marketing platform: $18.5M from Idinvest.

-- Camera IQ (Santa Monica, CA), camera experience manager for marketers: $4.3M Seed from Betaworks, Homebrew, WndrCo, Shasta, Presence, Brilliant, Greycroft, Silicon Valley Bank, Act One, Noname.

--AI/Machine Learning--

-- Starsky Robotics (San Francisco, CA), fully automated self driving trucks: $16.5M A led by Shasta Ventures. CEO and co-founder Stefan Seltz-Axmacher was named to Forbes’ 30 Under 30 and took his company through YC’s 2016 class.

--Gaming--

-- HQ trivia (Mountain View, CA), twice-daily trivia games: $15M led by Founders Fund, participation from Lightspeed. The investment was made at a $100M valuation. CEO and co-founder Rus Yusupov has founded four companies, which he began doing after leaving Twitter’s Vine division.

--Data/Analytics--

-- Ocient (Chicago, IL), relational database and analytics software platform: $10M A from undisclosed sources.

--Cybersecurity--

-- Bandura (Columbia, MD), threat awareness platform: $3.5M Seed from Blu, Gula Tech Adventures, Maryland Tech Development Corp, Prosper Women Entrepreneurs, SixThirty, SixThirty Cyber, UMB Financial.

-- Automox (Boulder, CO), patch management and endpoint protection: $2M led by Blue Note Ventures, participation from Ron Gula, Art Coviello, Tim Belcher, Mike Viscuso, Roger Thornton, Tom Noonan.

--Insurtech--

-- Corvus (Boston, MA), managing general agency for insurance providers: $4M Seed led by Bain Capital.

--Dev--

-- Blockdaemon (New York, NY), platform for one-click deployment, management and supervision of blockchain nodes: $3.3M Seed led by Comcast Ventures, participation from Boldstart, Liquid 2, MState, Plug and Play, et al.

--Energy--

-- Simple-Fill (Columbus, OH), natural gas compression: $1.7M led by Worthington Industries, participation from Rev1, Carmen Innovations.

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--Goldilocks-- 1. What was the inspiration for Patch Homes? Were there any personal situations you encountered that gave you the ide
Content for premium users only

--Funding Breakdown--

--AR/VR--

2 Deals: $478,200,000

--Biotech/Health--

9 Deals: $309,200,000

--Edtech--

6 Deals: $299,900,000

--Fintech--

2 Deals: $274,700,000

--Enterprise--

6 Deals: $233,850,000

--Consumer Internet--

7 Deals: $158,500,000

--Robotics--

1 Deal: $153,000,000

--Cleantech--

1 Deal: $61,000,000

--Real Estate--

1 Deal: $33,000,000

--Adtech/Martech--

2 Deals: $22,800,000

--AI/Machine Learning--

1 Deal: $16,500,000

--Gaming--

1 Deal: $15,000,000

--Data/Analytics--

1 Deal: $10,000,000

--Cybersecurity--

2 Deals: $5,500,000

--Insurtech--

1 Deal: $4,000,000

--Dev--

1 Deal: $3,300,000

--Energy--

1 Deal: $1,700,000

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