Alphabet's independent growth fund and backer of Armis prior to its acquisition by ServiceNow.
“raised $115m at a $7.1b post-money valuation... led by Wellington, joined by a16z, Sequoia Capital, DST Global, and CapitalG.”
“While live-stream commerce has been dismissed in Western markets as a failed TikTok Shop imitation, Whatnot just raised $545M at a $20B valuation from a blue-chip syndicate including a16z, Kleiner Perkins, and CapitalG. This suggests institutional conviction that niche, collector-focused live commerce has a durable moat.”
Source→“Whatnot Raises $545M Series G Round from Lightspeed Venture Partners, Y Combinator, DST Global, Greycroft, a16z, ICONIQ, Kleiner Perkins, CapitalG, Bond Capital, Wellington Management at $20B Valuation.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.