What's new at ACME this month?
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THE LATEST NEWS FROM THE ACME PORTFOLIO
Robinhood Completes Initial Public Offering
On July 28, Robinhood (NASDAQ: HOOD) successfully completed an Initial Public Offering, the fourth ACME portfolio company to complete a public listing in 2021. The company raised $1.89 billion, valuing the company at a $32 billion market cap. Globe Newswire

We are pleased to announce ACME's lead investment in AviaGames’ $40M financing round. Founded in 2017 by mobile game veterans Vickie Chen and Ping Wang, the company’s mission is to create an inclusive competition platform for everybody. Venture Beat

We are pleased to announce ACME's lead investment in Regology's $8M financing round. The company offers an AI-based regulatory compliance solution, with a database of more than 94 million requirements across millions of sections of law, helping global enterprises keep up to speed with ever changing regulations. Businesswire

Astra announces window dates for its next launch (Space News), a new contract with Spire Global (Astra), and an award of the Orbital Services Program (OSP)-4 Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the Rocket Systems Launch Program (RSLP) of the U.S. Space Force (Astra) .

Rent the Runway aims to move beyond rentals by expanding its resale business, an estimated $70 billion annual market opportunity. Forbes

DraftKings (NASDAQ: DKNG) announced an agreement to acquire Golden Nugget Online Gaming (NASDAQ: GNOG) in an all-stock transaction that has an implied equity value of $1.56 billion. Globe Newswire

Shane Pittson, Quip’s VP of Growth, talks about creating buzz for the brand and how they’ve made a toothbrush as cool as Nikes. EMarketer

IonQ announces a string of strategic hires, positioning the company for continued leadership in the quantum computing industry. Businesswire
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ACME NEWS

Congrats to ACME Principal Aike Ho for being included on Business Insider's list of the "30 Leaders Under 40 Changing Healthcare in 2021."

ACME Co-Founder Hany Nada talked with Squawk on the Street about why there may be weakness in certain tech names. 
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FOOD FOR THOUGHT:
THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION
The U.S. venture capital world is blistering hot. Why it won’t cool down just yet Fortune

A Radical New Model of the Brain Illuminates Its Wiring Wired

The Subscription Buffet May Be Over NY Times
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