AI again led the way, but biotech had a huge month on our list of the largest funding deals to U.S.-based startups in May.
Crypto
The week can be summed up pretty succinctly by just saying AI and biotech.
Worldcoin developer Tools For Humanity — co-founded by OpenAI’s Sam Altman — raised a $115 million Series C led by Blockchain Capital.
Hong Kong wants to strengthen its reputation as a forward-looking financial hub.
In its first acquisition, Ripple acquired digital asset custody startup Metaco for $250 million — half in cash and half in equity.
For a startup, acquiring another startup may make strategic sense. But it isn’t easy to do.
Web3 is so much more than crypto. It’s gaming. It’s social media. It’s commerce. It’s entertainment. It’s sports. It’s finance. Aptos Labs' Mo Shaikh...
In the first quarter of the year, funding to VC-backed Web3 startups hit its lowest point since the very early days of the space as deal flow...
France-based crypto hardware-maker Ledger added another $108 million to its previously announced Series C.
Sam Bankman-Fried is accused of paying approximately $40 million in a bribe to Chinese officials so they would unfreeze accounts related to his...
Spark Capital certainly came in like a lion this March, leading a $300 million round for AI startup Anthropic, and co-leading Adept AI's Series B.
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