July 8, 2020

Perfect Day gets $160M more for animal-free dairy

Perfect Day, a startup that makes dairy proteins through a fermentation process that does not involve animals, has extended its Series C funding round by $160 million. The new financing, led by the Canada Pension Plan Investment Board, brings the total round size for the Berkeley, California company to $300 million.

Doctor On Demand secures $75M

Virtual care provider Doctor On Demand secured $75 million in a Series D round led by General Atlantic. Founded in 2012, the San Francisco-based company provides on-demand and scheduled visits with health care providers.

Truepill swallows $25M Series B

San Mateo, California-based Truepill, developer of a direct-to-patient pharmacy fulfillment platform, raised a $25 million Series B round backed by at least four venture investors. The funding will enable the 4-year-old company to continue expanding its business, which has seen growth as more consumers turn to telehealth services.

Karma Automotive revs up with $100 million

Struggling electric vehicle maker Karma Automotive (formerly Fisker Automotive) has reportedly raised $100 million in fresh financing from investors as the Southern California company seeks to expand its rollout of luxury autos.

Nomad Homes lands $4M to simplify homebuying

Nomad Homes, which is creating a digital platform that uses technology to help people in Europe and the Middle East buy and finance homes more easily, received $4 million in a seed round led by Comcast Ventures. Founders launched the company from Palo Alto in September, and officially established its online presence in Dubai at the end of June.

Popshop Live raises $3M

Los Angeles-based livestreaming shopping app Popshop Live raised $3 million in a seed round led by Floodgate and Abstract Ventures. The startup develops a platform that combines social media, e-commerce and entertainment to help retailers build an online community and grow their sales.

Tips from a sales leader who was remote pre-COVID

Alex German, VP of sales at Hive, was managing a remote sales team of 13 before COVID-19. So when many teams were forced to adapt to remote work, he and his team were already acclimated and moving quickly to achieve their goals. He shares key learnings from the experience managing a remote sales team that can help set teams up for success.

Opportunity Index Report
Take a look at six industries with the highest growth potential in 2020.

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Recent Investments


$50M / Series D

OwnBackup provides backup and recovery solutions for companies that use Salesforce.


Cloud Computing • Data Storage • Enterprise Software • SaaS


Ariel Berkman, Daniel Gershuni, Eran Cohen, Ori Yankelev, Sam Gutmann


Insight Partners (Lead), Innovation Endeavors, Salesforce Ventures + 1 more


$3.3M / Seed Round

SWAP is a fintech partner that empowers merchants to expand their markets, deliver product experiences, and boost their economies.


Finance • Financial Services • FinTech


Alexandre Takinami, Douglas Storf, Ury Rappaport


ONEVC (Lead), A.B.Seed Ventures, Brad Flora + 7 more


$3.0M / Seed Round

CALA is a marketplace that provides retail infrastructure for influencers and fashion brands to design and launch their own fashion brands.


Augmented Reality • E-Commerce • Fashion • Marketplace


Andrew Wyatt, Dylan Pyle


Maersk Growth (Lead), Real Ventures (Lead)

More Fundings

Company Amount / Round Lead Investor
Novavax $1.6B / Grant Government of United States of America
Chainalysis $13M / Series B Ribbit Capital
Basemark 7.0M EUR / Series A ETF Partners
Nucleai $6.5M / Series A Debiopharm Innovation Fund
Athlane $3.3M / Seed Round -
Grow Credit $2.2M / Seed Round Mucker Capital
Nozomi Networks Unknown / Venture Round Telefónica Innovation Ventures
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Recent Acquisitions


Pending acquisition by Unacademy for $50M

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Company Acquired By Amount
Weaver Lumber ACS American Construction Source Unknown
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