Startups Weekly: Optimism Surges as Founders Raise Less but Secure Significant Deals

Startups Weekly: Optimism Surges as Founders Raise Less but Secure Significant Deals
This week in the startup world revealed a growing sense of optimism among entrepreneurs, highlighted by notable deals and funding activities. Hinge Health filed to go public while Fervo Energy plans an IPO in the coming years. Peak.ai was acquired by UiPath, showcasing strategic moves within the industry. Notable funding rounds included Ditto's $82 million Series B and Nirvana's $80 million Series C for an AI-driven insurance platform. Meanwhile, Northvolt filed for bankruptcy, marking a stark contrast in the landscape. Overall, startup confidence remains resilient despite challenges.