附近上门

Welcome to the聽附近上门 News Weekend Update. An email form of this post went out Saturday morning. Happy reading!

Beyond the cringe capitalism of Valentine鈥檚 Day, the holiday isn鈥檛 all bad news. Tell the people who you love that you love them. Or, if you鈥檙e like me, use the holiday as an excuse to rent a table for your entire friend group at a nice restaurant and give servers a little reprise from the swoony couples around them.

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Now that I gave some unsolicited tips, let鈥檚 get into the money. This week, that starts with mindfulness. Headspace, a meditation app,聽raised $93 million on a Series C to push its global expansion. If you鈥檙e confused by its momentum, don鈥檛 be: the startup was founded a decade ago.

Speaking of companies that are, at least in some ways, hot:聽Snowflake raised $479 million, bringing it to a $12.4 billion valuation. We also covered funding news from SoundCloud, which received a聽$75 million investment from SiriusXM, and Astranis, a satellite startup,聽landing $90 million. Plus, TOP, a plant-based period product startup聽raised $1.6 million in seed funding.

While this news is great for companies looking to grow, this year so far has reminded us that venture capital money isn鈥檛 a sure fire way to stay afloat.聽聽reports that Kateeva, which raised $126 million in funding,聽laid off 144 people, including executives. Also,聽SoftBank-backed Brandless shut down.

Deeper into the trends,聽听耻苍辫补肠办别诲听the distribution of Series A deal sizes across the United States. Outside our home base,聽聽tracked Brazil鈥檚 startup scene, and聽how one proptech company managed to break ground.

Finally (and bittersweetly, I might add) this will be my last newsletter for 附近上门 News. This update will be taken on by the fantastic team. Thank you all for following along for the past 44 issues, from a move across the country to anecdotes from the field. If you want to stay in touch,聽.

Thank you all, always,
Natasha

滨濒濒耻蝉迟谤补迟颈辞苍:听