Silicon Valley Funding News - Week of March 21, 2022. Webflow Raised $120M Series C led by YC Continuity Fund

Happy Monday!

This week, the Nasdaq Center and I are hosting a virtual event on the topic of  2022 State of Web3 and Crypto Venture Investment.  Join us.

Here's 5 great reads for this week: 

• 🤦‍♀️ Why Web2 Investors NGMI - The Web3 World is exciting, but it does break many of the orthodoxies we’ve come to expect in venture. I wrote this article on TheInformation.
• Oracle is so 1990?  -  I was actually trained as a DBA (database administrator)  and worked on Oracle 7!   Sounds like Oracle is NOT going to make the real-time data era.  From data streaming, data translation, analytics, to real-time machine learning, it’s all about real time.  Good reminder by Nnamdi Iregbulem from Lightspeed.  Similar to what Alfred said about predictive transaction processing.
• 🛥️ The hunt for Red Yachtober - the US government may pay up to $5M in rewards to whoever can help with the seizure, forfeiture, or repatriation of “stolen assets,” linked to Russia.  This program is known as Kleptocracy Asset Recovery Rewards Program.
• True inflation has probably been closer to 17% - Interesting thread by SFB while the Fed raises interest rates for the first time since 2018. Buckle up people!
• 😁 This tweet by Anatoly made my day

This week a total of 26 startups raised $961.7M in funding, 6 M&As:

• $343.1M goes to 10 Enterprise startups
• $31M goes to 1 FinTech startup
• $36.5M goes to 2 Crypto/Blockchain startups
• $100M goes to 1 InsurTech startup
• $7M goes to 1 Transportation startup
• $51M goes to 3 Gaming startups
• $11M goes to 1 Media & Entertainment startup
• $5.7M goes to 1 FoodTech startup
• $47M goes to 2 Healthcare startups
• $248.4M goes to 3 BioTech startups
• $81M goes to 1 Robotics startup