Tuesday, October 13, 2020

Source: meditation and sleep app maker Calm is looking to raise ~$150M at a $2.2B valuation; Calm was valued at $1B in July 2019 (Bloomberg)

Bloomberg:
Source: meditation and sleep app maker Calm is looking to raise ~$150M at a $2.2B valuation; Calm was valued at $1B in July 2019  —  Calm, maker of a meditation and sleep app, is exploring a new funding round that could more than double the company's valuation, according to people with knowledge of the matter.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...