Silicon Valley Funding News - Week of November 7, 2022.

This week is all about Solana and Race Capital in Lisbon for me!  =)  The Race team went out a super fun Go Kart Bear Market Rally.  Check out our photos!

Check out my updates for the week:

• 💰 Betting on the Future: Venture Investing and M&A - 2022 is the year of seed investing and M&A. Seed stage funding drove 60% venture activities so far. 2022's $329M funding already exceeded pre-pandemic Level ($298B in 2020). Check out my comment at Web Summit 2022
• 🦍 Solana NFTs on Instagram! - Instagram and Facebook have integrated with the Solana blockchain to allow users to showcase their NFT collections!  They do support Polygon as well. One small click for Instagram and Facebook users. One giant step for the future of #NFTs.  Read more
• 🙌  Google joined forces with Solana - Google Cloud announced that it is becoming a Solana validator, while also revealing other products and services it is integrating into the blockchain network. Read more
• 🎧 My favorite podcast for the year - The Prince.  A must listen
• 🇭🇰 Hong Kong Government issues a policy statement on crypto - Having a voice and take leadership in digital assets is the only way to reinforce Hong Kong leadership in the global financial system. I am excited about a potential #eHKD.  Read more

This week a total of 17 startups raised $389M in funding, 0 M&As:

• $97.5M goes to 8 Enterprise startups
• $8M goes to 1 HRTech startup
• $90M goes to 1 FinTech startup
• $7M goes to 1 Crypto/Web3 startup
• $1.3M goes to 1 Marketplace startup
• $4.5M goes to 1 Healthcare startup
• $135M goes to 2 BioTech startups
• $24.7M goes to 1 Manufacturing startup
• $21M goes to 1 Construction startup