Generative AI is bulldozing through every industry possible, including advertising and brand marketing. And VCs have some choices to make.
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Venture
The 10 Biggest Rounds Of May: AI And Biotech Startups Get Big Bucks, Led By Anthropic And ElevateBio
AI again led the way, but biotech had a huge month on our list of the largest funding deals to U.S.-based startups in May.
Measurabl helps companies measure their environmental, social and governance impacts. The startup has now raised $172.6 million total.
When we look at the declines in tech valuations, it鈥檚 tempting to turn to prior down markets for guidance on how a recovery might play out.
Tech鈥檚 biggest software developers, chipmakers and hyperscalers have paid attention 鈥� and money 鈥� to AI for years, per 黑料吃瓜 data.
U.S. seed startups have been the least affected by the venture funding downturn, but these companies are competing in a more crowded field than ever.
With hourly and gig-based workers aplenty, it鈥檚 not surprising to see startups are scaling up to address the market.
The week can be summed up pretty succinctly by just saying AI and biotech.
The numbers don鈥檛 lie 鈥斅爋r in the very least they tell a clearer story than the prevalent 鈥淎I will save the world鈥� narrative.
Indonesia-based aquaculture startup eFishery raised $108 million in a Series D, launching the company into narwhal 鈥� uh, unicorn status.聽
Worldcoin developer Tools For Humanity 鈥� co-founded by OpenAI鈥檚 Sam Altman 鈥� raised a $115 million Series C led by Blockchain Capital.
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