Welcome to the��做厙勛圖 News Weekend Update. An email form of this post went out Saturday morning. Happy reading!
Hosting Thanksgiving, for the Mascarenhas family, means a couple things. It means a lot of��, multiple trips to Trader Joes, and an attempt at��
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It also means chaos in between all of those bits, so if you don���t mind, we���re going to make this newsletter a bit snappier than usual so I can head back to the cutting board.
Let���s start with a glaze: This week,��PayPal acquired Honey for $4 billion, its biggest acquisition to date and its second buy this year. Speaking of historic deals,��Hippo Insurance made its first known acquisition to date. Finally, we talked to��SocialRank after it sold off its analytics business to Trufan. The startup told us��a story��about social media giants, venture capital money, and, in my opinion, a healthy dose of ego.
Now on to the funding rounds of the week. Learn about threat detection in cybersecurity through��IntSight���s $30 million Series D raise, and how venture capitalists are willing to bet big on beverages through this startup that raised��$25 million for hard kombucha. We also heard from Austin���s artificial intelligence scene, with��$10 million for retail AI, and��$40 million for real estate brokerage AI��in the city.
Looking at fintech news,��Redwood City, Calif.-based BlueVine raised $102.5 million��to help bring financing options for small businesses. Outside the United States, Nigerian payment and ride-hailing app��OPay raised a $120 million in a Series B, and��Brazillian digital bank Neon reportedly raised $94 million.
And that���s all I have for you. I���m off next week, so no newsletter, but check out my����if you���re invested in the mac and cheese saga. If not, I���ll see you all in December.
Thankful for all of you that let us do our dream jobs everyday,
Natasha
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