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.
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.
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.
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, 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.
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.
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.