25 Silicon Valley Startups Raised $17.6B Last Week💰 The Largest Merger in History 💰 The Largest AV Investment in History 💰 Prediction Market Gold Rush ⭐ Moltbook - AI Agents Social Network 📚 Edge the BookHappy Monday! 💰 The Largest Merger in History — The merger between SpaceX and xAI, valued at $1.25 trillion, marks the largest in history (68X the AOL Time Warner merger in 2000). There appears to be little rationale for the move beyond Elon’s wish to integrate xAI into SpaceX. AI data centers in space may soon become a reality. 💰 The Largest Autonomous Vehicle Investment in History — Waymo's $16B Round is the largest funding round within the mobility space, and values the company at $126 billion. 💰 Prediction Market Gold Rush — Crypto.com has launched its own platform, OG, last week and other major players including Coinbase, Robinhood, Gemini, Fanatics, and FanDuel are also entering the space. They also just bought the domain AI.com for…wait for it: $70M - which is now the priciest domain in history. They paid a cheap $15M for Crypto.com back in 2018. ⭐ AI Agents Have Their Own Facebook — was the most viral app in Silicon Valley this past week. Moltbook is a social network for AI Agents created by Matt Schlicht, has reached 1.8M AI agents and 1.5M human users. Are you on Moltbook? 📚 Reading on the Edge — “Edge: Turning Adversity into Advantage” by Laura Huang is a great read for founders. This quote particularly resonant: “Life is not a matter of holding good cards, but how to play a poor hand well.” Get it on Amazon. P.S. I’m excited to host my friend Vishal Harnal (Global Managing Partner at 500 Global) for a live FoundersHK session later today. Join us 🎙️ Last week a total of 25 startups raised $17.6B in funding, 3 exits:
If you love this newsletter, forward it to someone who would also enjoy it and have them subscribe. Funding (300 miles radius from Silicon Valley) Enterprise
FinTech Blockchain
Consumer App
Healthcare
BioTech
Hardware
Robotics
Autonomous Vehicle
Energy Management
GovTech
Manufacturing
IPO & M&A (300 miles radius from Silicon Valley)
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