VCs guess on hashish vaping, ED meds and cell fertility clinics – TechCrunch

Howdy and welcome again to Equity, TechCrunch’s enterprise capital-focused podcast, the place we unpack the numbers behind the headlines.

This week was a little bit of a reunion with Kate and Alex on as typical, with the addition of Extra Crunch denizen extraordinaire Danny Crichton. Danny, you could recall, has been a semi-regular Fairness co-host over the previous 12 months.

As Kate explains up entrance, Fairness is out a day early this week as a result of the Big TechCrunch Robotics Affair in Berkeley at this time. We’ll be again on Friday with IPO information relating to Zoom and Pinterest and we are able to’t wait.

Okay, all that sorted, what did we speak about? Alex wished to speak about some market indicators that he reads as bullish. No matter went fallacious on the finish of 2018 has healed over he thinks as a result of there have been an entire lot of supergiant enterprise capital rounds and another stuff.

Subsequent, we gave an instance of a type of supergiant rounds within the works. The reported Pax round, which may put $400 million into the hashish vaping firm, intrigues us, particularly as a result of Pax is the company sibling of JUUL, the now-famous e-cigarette firm what sold just over a third of itself for nearly $13 billion final 12 months. A really staggering deal.

Then we turned to Brex, the fintech startup that was again within the information this week. Why? As a result of it raised a $100 million debt round as startups of that kind do. Brex supplies a bank card made particularly for startups that require no personal-guarantee. Yeah, dangerous, we all know. We talked about that threat and Brex’s plan to focus on Fortune 500 enterprise sooner or later.

Rounds for Ro, Kindbody and Carrot Fertility made it a busy week for healthtech, too. Ro is raising at a $500 million valuation to assist its three digital well being manufacturers: Roman, Rory and Zero. In the meantime, a pair of fertility startups, Kindbody and Carrot, introduced in $15 million and $11 million, respectively.

With Danny again on the present, we prolonged our attain and mentioned the most recent within the chip and sensor world. NXP, contemporary off a failed, multi-billion greenback exit to Qualcomm put money into Hawkeye Technology, a China-based firm working within the automobile sensor area. Fairness’s common hosts principally nodded as Danny dropped a number of data.

All that and we had some enjoyable. We’ll be again earlier than you realize it.

Fairness drops each Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercast, Pocket Casts, Downcast and all of the casts.

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