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Venture

Lattes With Fungi, Bill.com’s Not-So-Boring Debut, Plus Healthbots

Illustration of woman wearing a Sassy t-shirt.

Welcome to the СÀ¶ÊÓÆµÉ«ÇéÍøÒ³°æ News Weekend Update. An email form of this post went out Saturday morning. Happy reading!

As we all begin attending holiday parties, here’s a not so subtle reminder that your tipped-over champagne glass and dropped hors d’oeuvres don’t clean themselves. Someone has to pick it up, so be mindful while you’re celebrating.

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Now let’s get festive with a company we covered this week that wants you to swap that whole milk in your peppermint latte with some DNA-sequenced fungi. Perfect Day Foods, a Berkeley-based startup, raised $140 million for its dairy-free milk protein.

Other funding continued with Zeus, a corporate housing startup that got an investment from Airbnb among other founders. There was also Ride Home Media, which raised $1 million to build a podcast network, and a drone startup that netted $32 million. Bigger rounds included Charlotte-based Passport’s $65 million Series D, and Hometap’s $100 million to get a stake in customers’ homes. More on funding in Last Week in Venture.

From the M&A front, Apple bought Spectral EdgeÌý²¹²Ô»åÌýCredit Karma bought Haven Money. And from the new fund side, Operator Collective raised its debut $45 million from over 100, well, operators. Meanwhile Piva closed a first fund at $250 million to focus on the energy industry.

Plus, Builders VC chatted with us to share how it invests in “nonsexy� industries.

In the latest turn of events with the scooter industry saga, which we all thought (and I hoped), was over, we saw signs of consolidation within the once highly saturated market. And that reminds me, despite momentum, one report showed that investor confidence as a whole is down.

Finally, Bill.com may seem like a boring IPO compared to its controversial ride-hailing predecessors, but its debut on the public market was impressive.

To close on a more cheerful note than we began, I’ll leave you with one of my favorite holiday drinks (and hacks) of all time: Trader Joes’ . Thank me later.

Cheers,
Natasha

<em>Illustration: <a href=”https://www.behance.net/user/?username=DomGuzman”>Dom Guzman</a></em>

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