There are times in the life of a startup when you don’t really want or need to raise money, but an opportunity comes along that’s so good that you create a brand new round just to be able to bring in a strategic investor.
That was the situation Danish animation and motion capture company Rokoko found itself in over the summer. I wrote about its $3 million strategic round that valued the company at $80 million — a round pulled together specifically to let Zepeto buy its way onto Rokoko’s cap table.
When that sort of thing happens, you typically don’t need an in-depth dec
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