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A ROUNDUP OF THE LATEST NEWS FROM ACME AND OUR PORTFOLIO |
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Astra reaches space in its second launch attempt from Kodiak, Alaska
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Astra is one of only three U.S. companies started since the turn of the century to privately develop a satellite launch system and successfully reach space.
The company’s Rocket 3.2 reached the target altitude of 390 kilometers but was "just a half a kilometer per second short" of the target orbital velocity, an outcome that Astra CEO Chris Kemp said
"far exceeded the team's expectations." CNBC
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Airbnb skyrockets 112% in its public market debut in this year’s largest IPO
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Airbnb began trading on the Nasdaq at a valuation north of $85 billion, which is more than Marriott and Hilton combined.
CNBC
Airbnb's co-founder and CEO Brian Chesky spoke to Axios about how the company navigated a perilous year and the experience of going public at a time when the travel sector has been battered by a public health crisis.
Axios |
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Uhnder raises $45 million in Series C round of funding as the company continues to scale. Uhnder is the only pure play radar supplier in the market delivering both digital radar chips and systems.
Crunchbase
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Quip launches its first major product extension with sugar-free chewing gum. Quip's gum helps prevent cavities and freshens breath, and comes with a customizable, refillable dispenser.
Adweek |
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IonQ announces that it will be able to sell modular, rack-mounted quantum computers for data centers by 2023, and that by 2025 its systems will be powerful enough to achieve broad quantum advantage across a wide variety of use cases.
Techcrunch |
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Cue Health’s rapid COVID-19 test will be deployed to Alaska, Florida, Louisiana, New Jersey, and Texas in a Department of Health and Human Services pilot program focused on increasing molecular testing capacity for high risk populations in nursing homes, assisted living facilities, veterans’ homes, and long-term care centers.
FierceBioTech |
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Robinhood co-founders Baiju Bhatt and Vladimir Tenev named to The 2020 Bloomberg 50 list.
Bloomberg |
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Zendrive releases a new report that analyzes 185-billion miles of data to uncover underlying behaviors connected to vehicle crashes.
Zendrive |
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Hany speaks with Crunchbase about the SPAC rush of 2020 and the impact they are having on growth-equity investing.
Crunchbase
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Scott spoke about ACME’s strategy for early-stage investing on the LA Venture podcast.
TenOneTen |
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THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION |
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"Quantum computing is entering a new dimension" Fortune
"Special Purpose Acquisition Companies, the Hottest Investment Vehicle" Bloomberg
"The Dawn of Digital Medicine" TheEconomist
"Silicon Valley consumer investing is back after a nuclear winter" Newcomer
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The ACME team learned how to make Okonomiyaki, Japanese savory pancakes with the help of Chef Alison Mountford, founder of
Ends + Stems. You can learn more about Chef Alison's mission, book cooking classes, follow her on
Instagram and find our Okonomiyaki recipe below! |
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Happy Holidays - ACME Team. |
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