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Startups Weekly: Fund Raisings, Follow-On Investments, And More!

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5 hours ago

Summary

Startups Weekly: Fund Raisings, Follow-On Investments, And More! Berry Street and Fay raise $50 million each, while Riot! raises $30 million. Cherry Ventures also announced a new fund.

Key Points

Berry Street and Fay's funding rounds were fueled by the growing demand for nutrition counseling services.
Riot!'s Series B round will enable it to expand its product suite and improve employee training on cybersecurity risks.
Cherry Ventures' new fund aims to support early-stage and follow-on investments in European startups.

Why It Matters

The funding announcements highlight the growth potential of deep tech startups and their increasing importance in addressing societal challenges.

Author

Anna Heim

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