Startups Weekly: No Signs of Slowdown

Reported 1 day ago

In this week's recap of startup news, key developments include neobank Chime's successful IPO after near bankruptcy in 2016, Nucleus Genomics facing backlash for its controversial embryo selection product, and Automattic's acquisition of relationship management app Clay. Notable funding rounds featured Multiverse Computing raising €189 million, Glean's $150 million Series F, and Fervo Energy's $206 million financing for a geothermal plant. Fresh investments also poured into fintech and legal tech startups, with significant funds aiming to innovate in various sectors.

Source: YAHOO

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