Re: Investment boom

https://agreatresourcewebsite.blogspot.com/2021/08/tik-tok-goes-clock.html

On Thu, 5 Aug 2021 at 21:27 AngelList Weekly <newsletters@marketing.angel.co> wrote:

'Best quarter ever' for early stage venture capital

View Online Looking for your next opportunity? Check out our thousands of job postings from startups all over the world. Salary and equity is shared upfront. 'Best quarter ever' for early stage venture capital Photo by Markus Spiske A startup investment boom across the U.S. shows no sign of slowing. The $150B invested so far this year shatters all previous records.   It was "the best quarter ever" for early stage venture capital, according to a newly released AngelList report, "The State of U.S. Early Stage Venture: 2Q21."    According to an analysis of thousands of early stage deals on AngelList: 90% of deal activity is positive (for example, when a company's value increases); more startups are raising priced equity rounds; and valuations are rising. The boom ripples far beyond Silicon Valley. A proliferation of emerging technology hubs reports record deal volume.   In Massachusetts, startups have already raised more in 2021 than all 2020.  In Boston, biotech companies are helping to lead the surge: DataRobot raised $300M for its machine learning platform that helps companies use big data to make predictions; Deep Genomics (they're hiring) raised $180M to apply AI to drug development; and Embark Veterinary raised $75M for its at-home pet DNA testing kits. In Seattle—along with the entire Pacific Northwest—startups are breaking fundraising records. Recent deals include: Rover went public this week trading under "ROVR;" Truveta raised $95M to help health systems get better patient data; OctoML (they're hiring) raised $28M to accelerate machine learning; and StormX raised $15M to give retailers an option to offer cryptocurrency rewards. In Miami, investment is up 142% from last year. The growth is buoyed by the arrival of investors from established firms like Founders Fund and Andreessen Horowitz and SoftBank's commitment of $100M to local startups. Recent deals include: Pipe raised $250M to offer companies more flexibility in how they fund growth by using recurring revenue streams; Heru raised $30M to use AI to improve eye care; Honorlock raised $25M to protect academic testing integrity; and RapidPulse raised $15M to advance stroke treatment. There's a silver lining for those worried about deal volume shrinking in Silicon Valley: Tech workers are moving back to the Bay Area. View Story Hot startups hiring now 🔥 Pawp - The digital health clinic for pets: chat with expert vets 24/7 & get $3K in an emergency. Explore 16 jobs. Nana - Vertically integrated student-to-operator trades school, driven by an AI-marketplace. Explore 12 jobs. Q&A - Powering the business of music, empowering the business of dreams. Explore 15 jobs. Golden - Mapping human knowledge. Explore 5 jobs. Funding and acquisitions Kenya-based Wapi Pay, founded by two brothers in 2019, raised $2.5M to improve cross-border payments between African and Asia. Pennsylvania-based ZeroEyes, an AI powered weapons detection solution, raised a $20.9M Series A  led by Octave Ventures. The company's software helps protect schools, commercial buildings, and government sites from active shooters.  San Francisco-based Earth AI, a mineral exploration company, raised a $5.5M seed round. The company uses machine learning to find rare minerals and is advancing low-impact drilling techniques and tools. Revery raised $2M led by Sequoia Capital India's Surge program to develop software to make mental health more of a day-to-day routine with mobile gaming concepts that make it interactive and fun. The company was founded this year by a former Sequoia analyst and ex-Google product manager. AngelList Weekly 90 Gold St San Francisco, CA 94133 Unsubscribe | Update preferences