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TechCrunch+ roundup: Psychedelic biotech, Gogoro’s SPAC, H-1Bs for Ukrainians

TechCrunch

6 questions investors should ask when evaluating psychedelic biotech companies. 6 questions investors should ask when evaluating psychedelic biotech companies. ” Terra will back UST with additional Layer 1 blockchains as it expands its ecosystem, said Kwon. Image Credits: Yarygin (opens in a new window) / Getty Images.

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The Week’s 10 Biggest Funding Rounds: Cybersecurity Leads With Kiteworks’ Nearly Half-Billion-Dollar Deal

Crunchbase News

Halda Therapeutics , $126M, biotech: The big biotech round of the week came from New Haven, Connecticut-based Halda Therapeutics, a biotech startup developing therapies for prostate cancer and breast cancer, which raised a $126 million Series B extension from investors including Deep Track Capital and RA Capital Management.

Biotech 101
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The Week’s 10 Biggest Funding Rounds: Grafana Labs Raises $270M To Lead Slow Week

Crunchbase News

Investors certainly put their money everywhere, from biotech to productivity tools, but they didn’t shell out a lot. Pathalys Pharma , $105M, biotech: Raleigh, North Carolina-based Pathalys Pharma isn’t new to this list — it topped it early last year. Another slow week with only three companies raising rounds of more than $100 million.

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The Week’s 10 Biggest Funding Rounds: Cyera And Monad Labs Raise Massive Rounds In Big Week

Crunchbase News

Monad Labs , $225M, blockchain: New York-based Monad Labs locked up the biggest Web3 funding round of the year thus far, collecting a $225 million funding round led by Paradigm. Monad is a layer-1 blockchain that is compatible with the Ethereum Virtual Machine but can process transactions using the same set of rules faster.

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The 10 Biggest Rounds Of April: Xaira And Pine Gate Lead Huge Month Of Megadeals

Crunchbase News

April also saw a half-dozen rounds of a quarter-billion dollars or more, including a $1 billion round for an AI-enhanced biotech. Xaira Therapeutics , $1B, biotech: The biggest round in April was really big. A startup needed to raise $200 million or more to break into this list for the April edition. Let’s take a look.

Biotech 111
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The Week’s 10 Biggest Funding Rounds: Scale AI’s Massive $1B Deal Leads Slower Week

Crunchbase News

Nevertheless, the week saw a $1 billion round go to yet another AI startup, and biotech and blockchain also saw some big deals. AltruBio , $225M, biotech: AltruBio was the biggest biotech raise of the week, securing a $225 million Series B led by BVF Partners. Farcaster , $150M, blockchain: Is Web3 funding back?

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Investors are sitting on mountains of cash: Where will it be deployed?

TechCrunch

billion in its fourth fund targeting blockchain, bringing its total funds raised for blockchain-related companies to more than $7.6 billion allocated to biotech investments. Founders Fund in March raised over $5 billion across venture ($1.9 billion) and growth ($3.4 billion) funds. a16z in May raised about $4.5