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Wonder’s $250M Food Delivery Round Headlines a Diverse Week in Startup Funding

Wonder led the week's funding news with $250M to fuel its Grubhub acquisition, followed by biotech Metsera's $215M Series B. Other major rounds included Writer's $200M AI funding, Firefly Aerospace's $175M for lunar missions, and Chaos Industries' $145M to enhance defense tech. This diverse week highlights continued investor interest in food delivery, biotech, AI, and defense sectors.

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Create: 2024-11-17
Last Update: 2024-11-23 02:48:41

📊 Wonder’s $250M Food Delivery Round Headlines a Diverse Week in Startup Funding

Wonder led the week's funding news with $250M to fuel its Grubhub acquisition, followed by biotech Metsera's $215M Series B. Other major rounds included Writer's $200M AI funding, Firefly Aerospace's $175M for lunar missions, and Chaos Industries' $145M to enhance defense tech. This diverse week highlights continued investor interest in food delivery, biotech, AI, and defense sectors.

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Date: 2024-11-23|

"The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" Maréchal said. "It's really in the eye of the beholder whether that's something you want to buy into." The regulator said it had received information that messages containing stock tips and other investment advice with respect to selected listed companies are being widely circulated through websites and social media platforms such as Telegram, Facebook, WhatsApp and Instagram. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides. As a result, the pandemic saw many newcomers to Telegram, including prominent anti-vaccine activists who used the app's hands-off approach to share false information on shots, a study from the Institute for Strategic Dialogue shows.
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