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The Weekly Notable Startup Funding Report: 10/18/21

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 10/16/21 featuring funding details for Karat, Grin, Groove, Plume Design, and fourteen other rounds that you need to know about.
NEW YORK CITY, NY
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crunchbase.com

The Week’s 10 Biggest Funding Rounds: Augmented Reality, Cannabis And Smart Homes

This is a new weekly feature that runs down the week’s top 10 funding rounds in the U.S. Check out last week’s entry here. This week, investors made a big leap into AR company Magic Leap—again. Aside from that big $500 million round, cannabis, smart homes and a lot of fintech all attracted big investments in the U.S. this week, which included a company seemingly crushed by the pandemic but now with an over $7 billion valuation.
MARKETS
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HipHopDX.com

Snoop Dogg Helps Double Cannabis Tech Company's Valuation To $3.75B

With Snoop Dogg’s help, cannabis tech company Dutchie has doubled its valuation to $3.75 billion, according to Bloomberg. The Bend, Oregon-based company has raised $350 million in funding, following a $200 million round seven months ago that valued Dutchie at $1.7 billion at the time. The firm is continuing to grow as new states legalize cannabis and others expand their current offerings.
BEND, OR
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TRENDING TOPICS
ganjapreneur.com

Dutchie Raises $350M, Doubling Valuation to $3.75B

Oregon-based cannabis technology company Dutchie has raised $350 million in a Series D funding round, doubling the firm’s valuation to $3.75 billion. Oregon-based cannabis technology company Dutchie has raised $350 million in a Series D funding round, doubling the firm’s valuation to $3.75 billion, GeekWire reports. The cash raise comes seven months after Dutchie successfully raised $200 million.
MARKETS
weworkremotely.com

The only corporate card and spend management platform designed to help you spend less.

Ramp is building the world's first finance automation platform designed to save businesses time and money. Ramp offers 5-in-1 software that consolidates corporate cards, expense management, bill payments, accounting, and reporting into one simple and free solution. More than 2,000 businesses are using Ramp for over $1 billion in annualized transaction volume. Customers include some of the fastest growing startups and unicorns like Ro, DoNotPay, Better, ClickUp, and Applied Intuition, as well as established businesses across the US such as Bristol Hospice, Walther Farms, Douglas Elliman, and Planned Parenthood.
PERSONAL FINANCE
greenmarketreport.com

Dutchie Is Now A Three Billion Dollar Company

Privately-owned cannabis tech firm Dutchie has raised $350m in Series D financing which is now placing a $3.75 billion valuation on the Oregon-based company. The company said it plans to use the money to keep expanding operations and invest in R&D investments to launch major products to support cannabis dispensaries. That includes hiring more top talent for the firm.
BUSINESS
afrotech.com

Snoop Dogg's Investment In Cannabis Startup Dutchie Doubles Its Value To $3.75B

Snoop Dogg has built a history of being instrumental in the cannabis industry, and his latest investment helped in doubling the value of a cannabis startup. Bloomberg reports that Snoop’s venture capital (VC) firm, Casa Verde Capital participated in a Series D funding round of $350 million for Dutchie — a technology platform for cannabis dispensaries. The tech firm’s valuation is now $3.75 billion.
CELEBRITIES
mjbizdaily.com

Marijuana tech firm Dutchie raises $350 million as big funding deals flourish

Marijuana retail technology firm Dutchie said Thursday it has snagged $350 million of funding to support its fast growth, the latest in a frenzy of $100 million-plus capital raises that signal cannabis investors are writing increasingly large checks. Dutchie’s Series D funding round is among the larger raises for a...
BUSINESS
techstartups.com

Cannabis e-commerce tech startup Dutchie raises $350 million at a $3.75 billion valuation

About three years ago, CBDs and cannabis startups were dominating the headlines. Then about a year ago, investors pulled back from the space and set their sights on cryptocurrency and NFTS. However, that does not mean the CBD space is dead. Cannabis startups continue to thrive. One of those startups is Dutchie, a Bend, Oregon-based tech startup that provides an all-in-one technology platform that powers dispensary operations.
BEND, OR
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