HYE TECH MINDS

Top startups news to follow this week: 1. Startups keep laying off swaths of employees as the downturn continues - TechCrunch 2. With biotech in retreat, Third Rock Ventures raises $1B for life sciences investing 3. Raleigh diagnostics startup Gemelli Biotech closes $19M Series A – investors include Carolina Angel Network 4. Zomato acquires Blinkit for $568 million in instant-grocery delivery push 5. AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming - Forbes 6. Security-as-code startup JIT comes out of stealth with $38.5M in seed funding 7. Amsterdam cyber startup Hadrian closes €10.5M Seed for a platform that simulates hacker attacks, TechCrunch reports 8. Cybersecurity startup RevealSecurity raises $23M for global expansion 9. EuraTechnologies raises €24 million to back deep tech startups and open 10 incubators in Eastern Europe 10. London-based Stotles secures €6.1 million to streamline how businesses and governments work together Read more https://hyetechminds.com/ Sign up for Startup Monday Newsletter subscribepage.com/n5x5l8

Top startups news to follow this week: - The North American digital health market is touted to reach a valuation of USD 261 billion by 2027, reports GLOBE NEWSWIRE - Aurion Biotech Raises $120 Million from Deerfield Management, Petrichor, Flying L Partners, Falcon Vision/KKR, and Visionary Ventures - Hoxton Ventures raises $215 million in funds aimed at seeding European startups, report Fortune. -Forge Health secures $11M as it aims to be a ‘one-stop-shop for mental health and substance abuse care. -Boston tops San Francisco Bay Area to lead U.S. life-sciences lab construction -Crypto investor Katie Haun raises $1.5 billion for her venture capital fund, reports Fortune. - Itilite secures $29M to automate corporate expensing workflows -Finnish fintech startup Zevoy raises €15 million and plans European roll-out of its expense management tool, report EUStartups -Binance Invests €100M in French Crypto Startups Have great news to share? or Feedback? Email at [email protected] Sign up for more in  Startup Monday Newsletter

Top startups news to follow this week: -  French startup Sweep picks up €66.5 million for its leading carbon management platform, reports EU Startups - SeaX Ventures (Southeast Asia Exponential Ventures), with operations in the US & Thailand, has announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia. - Evok Innovations, a venture firm committed to developing and deploying cutting-edge clean energy technology, last week announced the first close of its $300 million Fund II, with half the capital committed by a group of strategic investors. - London-based cleantech startup, Again, has raised a £2.55m pre-seed investment, led by Eka Ventures, to develop “the worlds’ smartest system” for cleaning packaging for refill and reuse - Porto-based Fibersail takes off with €5 million to reduce the cost of wind energy, reports EU Startups - Qureos raises $3M to grow its learn to earn platform, reports Tech Crunch - Warp raises $23M to build a better terminal, reports Tech Crunch - ReadySet raises $29M to expedite access to enterprise-scale app data, reports Tech Crunch - Barcelona-based Amenitiz picks up over €27 million to revolutionize the day-to-day of independent hoteliers – Spain’s biggest SaaS Series A funding round to date, reports EU Startups - Predicting building damages using AI lands €1.35 million for Frankfurt-based startup -------------- To have this newsletter emailed to you, sign up here. Plus, read full of The Startup Monday here Have great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week: -  The global biopharmaceutical market size is expected to hit US$ 856.1 billion by 2030 and is expanding growth at a noteworthy CAGR of 12.5% from 2021 to 2030. - The $30 million fund called Curated is devoted to buying and holding NFT artwork. The fund plans to invest about half of the fund in so-called “blue-chip NFTs,” including popular projects like CryptoPunks, Art Blocks and Bored Apes, as well as works from popular artists selling singular NFT works. - By 2032, the Hazardous Area Equipment Market to be worth US$ 16139.80 Billion; Growing Attention on Boosting Safety Measures Says Future Market Insights  - Zeta Surgical comes out of stealth with a $5.2M raise for image-guided surgery - Autobrains nabs $19M, bringing its Series C to $120M, to take on Mobileye in autonomous driving tech - Greentech startup Tibber raises over €90 million to make energy consumption smarter -Vienna-based startup Arkeon picks up over €6.5 million to turn CO2 into food -Wavemaker Closes $136 Million Fund for Southeast Asia Startups -Estonian agtech startup eAgronom raises €6.4 million to tackle emissions with farming-based carbon credits -TrueCircle scoops $5.5M to use AI to drive recycling efficiency -------------- To have this newsletter emailed to you, sign up here. Plus, read full The Startup Monday here Have a great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week: -  The Research and Development (R&D) tax credit lets businesses deduct R&D expenses up to $250,000 per year from payroll tax, or an unlimited amount against income tax if your startup qualifies. Over several years, this credit could save you millions of dollars. - Indian startup Meesho, which counts Facebook-owner Meta Platforms and SoftBank Group’s Vision Fund 2 as its investors, is aiming to go public in early 2023, a source familiar with the matter told Reuters. - Amid biotech downturn, Atlas raises $450M to build new drug startups, a retrenchment that’s constrained the options of private drug companies seeking to make the jump to public markets. - Voltage Finance, formerly FuseFi and a cutting-edge, all-in-one decentralized finance (DeFi) platform on Fuse Network closes $3.4M private round, releases details of token launch, reports CoinTelegraph - The D’Amelio family, including TikTok stars and digital creators Charli D’Amelio and sister Dixie, are formalizing their investments in startups with the launch of a new VC fund, 444 Capital to invest up to $25M in high-growth startups. - MedTech CMO market valued at $53.6 billion in 2021, is growing at a healthy rate of 5% during the forecast period. -French startup Lisaqua picks up €4.9 million to launch sustainability-focused land-based shrimp farm, reports EU-Startups -------------- To have this newsletter emailed to you, sign up here. Plus, read full The Startup Monday here Have a great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week: -  As per Zion Market Research study, The Global Biotechnology Reagents Market accounted for USD 77.4 Billion in 2020 and is expected to reach USD 159.2 Billion by 2028. - Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. - The investors behind virtual hack.summit(), the world’s largest blockchain programmer event, have launched a $200 million crypto seed fund under the Hack VC umbrella, fund partner Alex Pack told TechCrunch in an interview. - The Department of Defense wants to create regional innovation hubs that it hopes will kickstart the domestic development of microelectronics. - Fabric, a Seattle-based e-commerce technology startup whose leadership team includes several former Amazon executives, announced a $140 million Series C funding round, led by SoftBank, at a valuation of about $1.5 billion. - Peruvian startup Leasy secures $17M in debt, equity to provide auto loans to LatAm ride-hailing drivers -------------- To have this newsletter emailed to you, sign up here. Plus, read full The Startup Monday here Have a great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week: -  U.S. House of Representatives passed the America COMPETES Act to expand immigration opportunities for foreign-born scientists and engineers. If retained during negotiations with the Senate, the measures in the bill could become the most significant on legal immigration to pass Congress in more than 30 years. - Jumpstart Nova fund, launched in 2021 to invest exclusively in Black health-tech firms, has raised $55 million from investors including Eli Lilly, HCA Healthcare and Bank of America. For Black-led startups, the lack of diversity in venture capital can pose a hurdle to access funding. Dr. Derrell Porter knew he had a good idea: a company that provides a platform to help researchers develop and commercialize gene and cell therapies. - Employment grows at a much faster rate at venture capital-backed startup companies than other private-sector firms⁠—roughly eight times faster, a new report finds. - Blockchain startups grow as global VC funding generated $25.2B in 2021. Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020. - Partech Shaker, the innovation division of the Paris-based VC firm Partech, has launched an accelerator program christened Chapter54 to help European startups launch in African markets. The accelerator will take in 10 technology scaleups annually over the next four years for the Chapter54 program, which will last up to eight months. Application for the inaugural cohort will open next month, and successful startups will begin the acceleration journey in April. - ICON, which creates homes using 3D printing, has raised an additional $185 million in a round led by Tiger Global Management, TechCrunch has learned exclusively. The financing is said to be an extension of ICON’s $207 million Series B that was announced last August. -------------- To have this newsletter emailed to you, sign up here. Plus, read full The Startup Monday here Have a great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week: -  French Presidency of the Council of the European Union, France will focus on talent attractiveness and funding. There are some commitments to facilitate the creation of 10 to 20 late-stage investment funds with at least €1 billion under management and a boost in deep-tech financing. - Specialist VC (formerly known as United Angels VC) has announced the first close of a new €50 million fund at €42 million. The main focus of the fund is on pre-seed and seed stage startups and is the first of its kind in the Baltic region to implement a dual strategy of integrating secondary transactions into a traditional venture capital fund. - Bloomberg reports, that South Korea’s $200 billion sovereign wealth fund plans to boost investments in Silicon Valley startups as it looks to the metaverse and artificial-intelligence to accelerate its expansion in alternative assets. - Tech Crunch reports, French startup Alma is trying to build a new “buy now, pay later” giant in Europe. The company has closed a $130 million Series C round (€115 million). It has also raised $109 million (€95 million) in debt financing. - Enterprise artificial intelligence (AI) solutions startup Mozn has raised $10 million in a Series A funding round, the Saudi company said in a news release Friday (Feb. 4). - The Australia energy storage systems market is expected to register a CAGR of greater than 10% during the forecast period of 2022 – 2027.  -Clean Energy Technologies Market is projected to grow by  USD 81.65 billion between 2020 and 2025.  -------------- To have this newsletter emailed to you, sign up here. Plus, read full The Startup Monday here Have a great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week: -  Rise in prevalence of chronic diseases to help Digital Health market gain Valuation of US$ 1.2 Trn by 2028. The global digital health market is estimated to expand at a CAGR of 18.3% during the forecast period from 2021 to 2028, according to a study by Transparency Market Research (TMR). - BUSINESS WIRE reports that the global market for Biorefinery estimated at US$553.7 Billion in the year 2020, is projected to reach a revised size of US$979.5 Billion by 2026, growing at a CAGR of 9.8% over the analysis period. - Artisanal Ventures, a Bay Area venture capital firm investing in B2B cloud startups, closed on its first fund, the oversubscribed $62 million Artisanal Ventures I. The inaugural fund is backed by more than 50 founders and senior executives from companies like Square, Atlassian, CrowdStrike, AppDynamics, Snowflake, Splunk, UiPath and MuleSoft. - EU-Startups reports that the Enterprise forensics platform Binalyze has just raised €9.1 million in its mission to enable companies to respond more efficiently to cyber threats. The funding was led by OpenOcean with participation from Earlybird Digital East which led Binalyze’s pre-seed round last year. - Marvel Fusion, a Munich-based fusion energy startup, has just got a €35 million funding boost to accelerate the commercialization of fusion tech, overcoming some of the hurdles of producing clean energy at scale. The Series A funding round was led by Earlybird. - Urban mobility startup Dott has raised an extension to its Series B round. Originally announced in the spring of 2021, the company raised an $85 million Series B round — it was a mix of equity and asset-backed debt financing. And today, the company is adding another $70 million to this round —once again, it’s a mix of equity and debt. -------------- To have this newsletter emailed to you, sign up here. Plus, read full The Startup Monday here Have a great news to share? or Feedback? Email at [email protected]

Top startups news to follow this week:   -  Esusu becomes unicorn with SoftBank Vision Fund 2-led $130M funding. Esusu, a fintech that targets immigrant and minority groups and provides rent reporting and data solutions for credit building, said Thursday it has raised $130 million in a Series B fundraising round. - Intellect, the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The company’s services, including self-directed mental wellness programs in 15 languages and online therapy sessions, are available through two channels: as an employee benefit and through Intellect’s consumer app. - Massachusetts-based Vecna Robotics is among those firms looking to bring autonomy to pallet moving and other forklift-centric warehouse activities. As Techcrunch reportedThe firm has already raised a decent chunk of change, including a $50 million Series B back in January 2020 — just before the pandemic did its number on the U.S. That round brought its funding north of $60 million, a figure it’s more than doubled with a new Series C. - Entertainment platform, Fever, has just raised €200 million in a round led by Goldman Sachs Asset Management’s growth investment fund. This round, which is regarded as the largest ever in the live entertainment tech category, brings Fever to unicorn status.  - Dutch climate startup Sensorfact has just scored €13 million for its intelligent energy management and energy saving solution. Investment companies FORWARD.one, Korys and SET Ventures are all participating in the funding. --------------   More from the Startup Monday here Subscribe to Newsletter not miss out on the latest tech trends, startup news, weekly VC overview, tech jobs, and many more.