Equity

Equity Monday: More venture money for Europe, and public companies blast off

Mar 1, 2021
Exciting developments in venture funding take center stage! Skydio secures a hefty $170 million, raising questions about its market potential. Klarna sees a boost with a new valuation, while Europe's pre-seed deals show promise. Cybersecurity innovations also get a nod, spotlighting a startup with impressive growth. And don't miss the intriguing IPO plans for Oscar Health, stirring up chatter in tech circles. Plus, there's buzz around upcoming tech events, emphasizing diversity and innovative sales strategies.
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ANECDOTE

Skydio's Funding

  • Skydio, known for drones that follow humans like Pokémon, raised $170M, exceeding its prior total funding.
  • This funding makes Skydio a unicorn, raising questions about the drone market's profitability.
INSIGHT

UK's Future Fund

  • The UK government launched a $375M fund, 'Future Fund Breakthrough', matching private tech investments.
  • This may incentivize post-Brexit tech investment, giving citizens a stake in startups.
INSIGHT

Tech Stock Rebound

  • Tech stocks rebounded after a multi-day dip, but their prices still significantly impact the market.
  • The speaker was criticized by VCs for pointing out the dip, but its impact remains.
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