“`html
TLDR:
- Cyera raised $300M in a Series C round led by Coatue, valuing the cybersecurity startup at $1.4 billion.
- Monad Labs secured a $225M funding round for its blockchain technology.
In a big week for funding rounds, Cyera and Monad Labs stood out as the top recipients of significant investments. The cybersecurity startup, Cyera, raised $300 million in a Series C round led by Coatue, bringing its valuation to $1.4 billion. The platform offered by Cyera helps companies secure their data and assess risks using AI technology. On the other hand, Monad Labs, a blockchain company, raised $225 million in funding, with Paradigm leading the round. The company operates as a layer-1 blockchain compatible with the Ethereum Virtual Machine but with faster transaction processing capabilities.
Torl BioTherapeutics, Guesty, Platform Science, Collaborative Robotics, FloQast, Seaport Therapeutics, Nectero Medical, and Grow Therapy were among the other companies that secured significant funding rounds in the past week. These rounds ranged from $96 million to $130 million and were led by prominent investors in their respective industries.
Overall, the funding landscape for startups seems to be thriving, with investors showing willingness to write big checks for promising companies across various sectors such as biotech, blockchain, cybersecurity, and hospitality.
“`
