Even the wicked need rest

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Hello reader,

In a tech and startup world that’s about moving forward and building and growing more, it can sometimes be difficult to realize how much progress has been made.

The constant striving and hustling can lead to burnout, so it behooves us all to take a break every now and then and look at how far we’ve come. Besides a little rest, it can also serve as inspiration, seeing all that’s been accomplished.

Plus, in the toughest times, reflecting can provide some silver linings, as one of the articles in today’s Thoughtful Tidbits points out.

You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

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The biggest deals by country

🇯🇵 Sakana AI, an AI R&D company based in Japan, has closed a US$200 million series A round. Investors include the likes of 500 Global, Dai-ichi Life Insurance, and Fujitsu Corporate Venture Capital.

🇮🇳 Indian digital adoption platform Whatfix has secured US$100 million in series E money from SoftBank Vision Fund and Sweet Nectar.

🇦🇺 Kismet is an Australian healthtech startup addressing social disparities in service accessibility and gaps in personnel and infrastructure. It has raised just over US$13 million in seed funding, with Singapore-based MassMutual Ventures among the participating investors.

🇧🇩 Pathao is a Bangladeshi motorbike-hailing app that also provides courier services, food deliveries, and car-sharing services. It received US$12 million in bridge funding from Anchorless Bangladesh, Openspace, and South Asia Tech, among others.

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M&As

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Startups that are raising funds

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Behind the Glasswall

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AI the matchmaker

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Exclusive listicles

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Thoughtful reads