VC funding for biotech boomed during COVID, but could the bubble burst? 10 startups that got big bucks this week, and more - November 15, 2021

November 15, 2021 [Funding for biotech boomed during COVID, but could the bubble burst?]( Investments into venture-backed startups in biotech and health care is on pace to double this year compared to 2019, Crunchbase data shows, with well over $100 billion invested in the space already in 2021. But some in the industry, even if they’re not worried that a bubble will pop, are wondering how to chart their future in a post-pandemic world. [Week’s top 10 deals go to ID security, biotech, sales tech]( Investors seemed more inclined to spread their money across enterprise-focused tech last week, as an identity and fraud prevention firm led the way with a $450 million round. That was followed by big bucks for biotech, a platform that collects data for sales, and an enterprise workflow automation startup. [Repeat doubles down on community after Series A]( Community might not be the first thing that comes to mind for a software company, but it’s what [Repeat]( is focused on building to fuel its growth since it raised a $6 million Series A in July. We catch up with co-founders [Kim Stiefel]( and [Sarah Wissel]( in our latest [Something Ventured]( update. [What Sequoia’s new fund model really shows]( [Sequoia Capital]( said last month that it is shaking up its fund structure. But is the move really as revolutionary as many in the industry immediately proclaimed it to be? Or is the storied firm’s new fund model a natural reaction to the seismic changes brought upon the industry by many of the large firms themselves for the last decade—including Sequoia? [Inside Q4’s action-packed IPO pipeline]( This year has already been a record one for IPO volume. By all accounts, the final quarter of 2021 is set to continue that momentum, with anticipated Wall Street debuts from big venture-backed companies and the biggest offering of the year: electric-truck maker [Rivian](. Here’s who else is expected to go public before 2022, and what investors are looking at. [Why LatAm needs to build a cybersecurity fortress ASAP]( Emerging markets in Latin America and beyond are the most vulnerable to hacks and breaches because, on a general cybersecurity level, they’re playing catch up, writes guest author [Sebastian Stranieri](. At the same time, the region is becoming an even more attractive location for cybercriminals, with LatAm startups raising a record-breaking $9.6 billion in the first half of 2021. But that means there’s also opportunity for those who want to shore up its cybersecurity defenses. [Lead vs. prospect: What’s the difference?]( Before you start prospecting, it’s important to understand what differentiates a lead from a prospect. In this article, learn more about how leads and prospects differ, how to turn one into the other, and helpful tips for turning a lead into a sale. [Keep up with the Crunchbase News Briefing]( To keep up on breaking news throughout the day, check out the Crunchbase News Briefing. This continuously updated daily feature on our main news site has summaries of notable funding announcements, IPOs, M&A, and other happenings in the startup world. [Enhance Your Sales Team’s Prospecting]( [Crunchbase Enterprise is an all-in-one prospecting solution. Download this product overview sheet to learn how to close more deals without the headache.]( [Download Now]( Crunchbase Pro: Searches and Lists Name Type Entries [Music and audio companies with $30M+ funding]( Companies 181 [Alibaba and Tencent portfolio companies]( Companies 610 [Robotics companies funded in the last year]( Funding Rounds 599 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Dish Network]( [$5.2B]( / [Post-IPO Debt]( Dish Network is a satellite service provider that offers satellite television, audio programming, and interactive television services. Categories: Audio • Consumer Electronics • Telecommunications Founders: [Charlie Ergen]( [Jim DeFranco]( [Stori Card]( [$125M]( / [Series C]( Stori Card is a digital platform focused on providing digital financial services to underserved customers. Categories: Apps • Finance • FinTech • Information Services • Information Technology Founders: [Bin Chen]( [Manuel Medina]( [Marlene Garayzar]( Investors: [GGV Capital]( (Lead), [GIC]( (Lead), [Bertelsmann Asia Investments]( [+ 6 more]( [Pendo]( [$110M]( / [Secondary Market]( Pendo is a product-analytics app that helps software companies develop products that resonate with customers. Categories: Analytics • Enterprise Software • Product Design • Product Management • SaaS Founders: [Eric Boduch]( [Erik Troan]( [Rahul Jain]( [Todd Olson]( Investors: [Thoma Bravo]( (Lead) More Fundings Company Amount / Round Lead Investor [Alt]( $75M / [Series B]( [Spearhead]( [Stori Card]( $75M / [Debt Financing]( [Community Investment Management]( [CompStak]( $50M / [Series C]( [Morgan Stanley Expansion Capital]( [Ometria]( $40M / [Series C]( [InfraVia Capital Partners]( [AppliedVR]( $36M / [Series B]( - [Wakefit]( 2.0B INR / [Series C]( [Susquehanna International Group (SIG)]( [Carousell]( $10M / [Private Equity Round]( [Heliconia Capital Management]( [Inflammatix]( $1.7M / [Grant]( [National Institutes of Health]( [All Recent Funding Activity]( Recent Acquisitions [MBCC Group]( Pending acquisition by [Sika]( for 5.5B CHF More Acquisitions Company Acquired By Amount [Forendo Pharma]( [Organon]( $945M [All Recent Acquisition Activity]( Upcoming Tech Events Accelerator Deadlines Date Accelerator Location Mar 3, 2022 [D&A Properties]( Unknown Apr 28, 2022 [StreakCap Ventures]( Unknown [More Upcoming Deadlines]( Don’t see your event? Reach out to us at events@crunchbase.com. #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104 © 2021 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.