📊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.
📊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.
Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durov’s position "very weak," and urged concrete improvements. On February 27th, Durov posted that Channels were becoming a source of unverified information and that the company lacks the ability to check on their veracity. He urged users to be mistrustful of the things shared on Channels, and initially threatened to block the feature in the countries involved for the length of the war, saying that he didn’t want Telegram to be used to aggravate conflict or incite ethnic hatred. He did, however, walk back this plan when it became clear that they had also become a vital communications tool for Ukrainian officials and citizens to help coordinate their resistance and evacuations. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. Telegram Messenger Blocks Navalny Bot During Russian Election 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.
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