Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

The Surprising Shift in Startup Funding You Did Not See Coming


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Funding activity in various sectors experienced a slowdown, with notable large rounds primarily in cybersecurity and biotech. 


1. **NinjaOne** raised $500 million, achieving a valuation of $5 billion, doubling from the previous year.

2. **Eikon Therapeutics** secured $351 million in Series D funding, accumulating $1.1 billion since its inception in 2019.

3. **Bitwise** raised $70 million, managing over $12 billion in client assets and having raised around $155 million total.

4. **Raise** focused on gift cards and loyalty solutions, raised $63 million to advance its blockchain-backed Smart Cards.

5. **Taktile** acquired $54 million for a decision automation platform, bringing its total raised to nearly $79 million.

6. **Metronome** announced $50 million in Series C funding for a usage-based billing platform, raising a total of $128 million.

7. **Mimic Networks** raised $50 million for ransomware cybersecurity, increasing its total to $77 million since 2023.

8. **Auditoria.AI** developed finance-focused AI agents and raised $38 million, totaling nearly $60 million since 2019.

9. **Camber** secured $30 million for healthcare payments, raising a total of $50 million since its start in 2021.

10. **Regie.ai** raised $30 million for an AI sales platform, totaling nearly $51 million since its founding in 2020.


Outside the U.S., **Blinkit**, a quick-commerce platform in India, raised approximately $172 million in funding.

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Web3 Wavefronts - Digestible News on Crypto, DeFi and AIBy theWeb3.news