Here is this week’s edition of the Startup Monday Issue (Issue 40– 17 May 2021)

Sharing the following this week:

- Cryptocurrency’s Value Surges to $45 Billion One Day After Its Debut. A digital token that was launched Monday and goes by the name Internet Computer is already one of the largest cryptocurrencies in the world, with a market value of about $45 billion.

- Collective, a subscription-based back-office platform for the self-employed raised $20 million from Ashton Kutcher’s VC

- Huma, which uses AI to monitor patients raised $130 million

-  Europe’s unicorn startup count was 60 — since then it’s increased to 70. Eight European unicorns have also publicly listed, via an IPO or SPAC — including Arrival, Darktrace, Deliveroo and UiPath.

- It’s the US vs. China in the race to build the chip technology of tomorrow. Even as the world’s leading chipmakers scramble to solve critical supply bottlenecks, a new wave of semiconductor startups has been quietly lining up massive sums of venture capital in their quest to design the next generation of chips.

For more startup news, head to our website.

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