Weekly Funding Insights

Hey there!

Here are some interesting insights on the funding activity that happened over the last week.

Over $24B were invested in 348 companies worldwide.

Click on the graph below to explore scale vs. growth rate of companies that got funded

Performance Metrics of companies that got funded last week

Funding round that caught our eye

Weee!

2015 | United States | $398M
Raised $315M in Series D led by DST Global

Weee! is a California-based online grocery delivery platform that offers Hispanic and Asian foods specialty products and everyday staples.

Weee reported more than 3,500 products on its website and has fulfilled more than 8.8 million orders. Weee said its sales have increased sixfold YoY in Mar ‘21 with 80% of the business in fresh and frozen foods.

Weee’s Competitive Landscape

Noticeable companies that raised funding

Northvolt

2016 | Sweden | $17B
Raised $14B led by Volkswagen Group

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy.

Stripe

2010 | United States | $2.2B
Raised $600M in Series H led by Allianz X, AXA Group, Fidelity Management and Research Company, Sequoia Capital, Baillie Gifford, National Treasury Management Agency (NTMA)

Stripe is a developer-oriented commerce company helping small and large companies accept web and mobile payments.

Insitro

2018 | United States | $743M
Raised $400M in Series C led by Canada Pension Plan Investment Board

Insitro is a drug discovery and development startup that utilizes machine learning and biology to transform drug discovery.

Squarespace

2003 | United States | $579M
Raised $300M from T. Rowe Price, Dragoneer, Accel, General Atlantic, The Spruce House Partnership, Tiger Global, D1 Capital, Fidelity

Squarespace is an all-in-one platform for websites, domains, online stores, marketing tools and scheduling.

PatSnap

2007 | Singapore | $352M
Raised $300M in Series E led by Tencent Holdings, SoftBank Vision Fund

PatSnap is an innovation intelligence platform that provides intellectual property and research and development intelligence.

Airtable

2013 | United States | $618M
Raised $270M in Series E led by Greenoaks Capital

Airtable is a cloud-based software company that offers an easy-to-use online platform for creating and sharing relational databases.

Dutchie

2017 | United States | $253M
Raised $200M in Series C led by Tiger Global Management

Dutchie is an online cannabis ordering platform that connects consumers to local cannabis retailers.

SecurityScorecard

2013 | United States | $292M
Raised $180M in Series E led by Silver Lake Waterman

SecurityScorecard is a cybersecurity platform used for predicting and remediating potential security risks.

Coalition

2017 | United States | $315M
Raised $175M in Series D led by Index Ventures

Coalition operates as a cyber insurance and security company that helps businesses manage and mitigate cyber risks.

Bitpanda

2014 | Austria | $271M
Raised $170M in Series B led by Valar Ventures

Bitpanda is Europe's leading digital assets platform and on a mission to democratize the complex world of investing with the clear goal to give everyone access to the financial markets.

Note: Alexa Reach per million is the number of people visiting the website on a daily basis out of 1 million people chosen from a larger sample set.