News : Contentful, a platform that aims to help developers and builders create better digital experiences, raised a $175 million Series F at a $3 billion-plus valuation. The round was led by Tiger Global Management, with Base10’s Advancement Initiative and Tidemark also joining.
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Venture-backed startups are buying other startups at the fastest pace in at least a decade, according to Crunchbase data. Since the beginning of the year, there have been at least 530 acquisitions of venture-backed companies by other private companies. We speak with experts about what’s fueling the M&A trend.
New York-based Fireblocks, a security-focused platform for digital assets, raised $310 million in a Series D funding co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW Venture Capital and SCB 10X. In other news, Onto, a U.K.-based startup offering subscriptions for electric cars, raised $175 million in a Series B funding round consisting of equity and debt.
Health advice from a chatbot? However you may feel about the concept, startup investment data indicates it’s only getting more widespread. In fact, over the past two years, investors have poured more than $800 million into an assortment of companies developing chatbots and other AI-enabled platforms for health diagnostics and care recommendations. We provide a peek at some of the funded players in the space.
