7 Bay Area Startups, Led by Perfect Day, Raised $500M+ Last Week

by Jeremy Porr
July 13, 2020
The Bay Bridge in San Francisco.
photo: shutterstock

Perfect Day grabs $300M. The Emeryville-based food tech startup just announced it extended its Series C round with additional capital raised by Thematic Investing. Perfect Day creates animal-free dairy proteins that can be used in an array of faux-dairy products, including milk, cheese and ice cream. Given the latest round, the company has raised over $360 million. [Fortune]

Doctor on Demand raised $75M. The virtual healthcare provider offers video-based consults and primary care appointments to patients with or without insurance. The Series D round was led by General Atlantic. The startup, founded in 2012 by Adam Jackson and Jay McGraw has raised a total of $235.7 million in venture capital to date, according to Crunchbase. [Built In SF]

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Taulia got $60M. The new funding round for the working capital management startup was led by Ping An Global Voyager Fund with additional participation from J.P. Morgan and several others. The additional capital will be used to support the company’s global expansion. Taulia’s technology-led platform enables businesses to cut costs by optimizing their supply chain processes. [FinSMEs]

Natron Energy secured 35M. The latest round for the Santa Clara sodium-ion battery developer was co-led by ABB Technology Ventures, NanoDimension Capital and Volta Energy. According to the company, Natron’s batteries can be produced using locally sourced materials from around the world. [Businesswire]

TruePill Pharmacy grabs $25M. The San Mateo healthtech startup closed on a financing round led by Optum Ventures. TruePill operates as a pharmaceutical fulfillment and delivery service and has seen increased demand for its services due to COVID-19. The telehealth company plans to use the additional capital to serve increasing demand and expand its existing product offerings. [BizJournals]

LogDNA grabs $25M. The Mountain View DevOps management startup closed on a Series C round led by Emergence Capital with additional participation from previous investors. The company offers up a centralized log management solution that provides DevOps teams with tools to develop and debug applications. [FinSMEs]

Beekeeper got $10M. The Oakland workplace productivity startup wrapped up a Series B extension led by Energize Ventures. The communication and operations platform was designed specifically for frontline workers and those that have jobs that don’t always require a desk. With the Beekeeper platform, company apps, tools and integrations can all be kept in one central place. [Crunchbase]

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