The Week’s 10 Biggest Funding Rounds: Genesis Receives Cash Infusion After FTX Implosion, Zenas Raises Big
Summary
Perhaps not surprisingly, even this list couldnt avoid the FTX collapse fallout, as a crypto startup that had its assets on the exchange frozen takes the top spot.1. The firm will use the new cash to start a phase 3 trial by the end of the year for obexelimab, a bispecific antibody for patients with IgG4-related disease, a chronic illness that can affect multiple organs and sites. However, that did not stop New York-based e-commerce platform Ordergroove from locking up $100 million in funding led by growth equity firm Primus Capital Partners. The startups blockchain intelligence solution can investigate and analyze crypto-related fraud and financial crimes, making it valuable to everyone from law enforcement agencies to regulators and banks. Then in March, the startup which develops enterprise browsers it says enhances both security and worker productivity raised a $115 million Series B at a $1.3 billion valuation led by Insight Partners.
Funding
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