Is the Next Big Startup Hidden in a Crowded Market

A new app, noplace, achieved the No. 1 spot on the App Store upon launching out of invite-only mode, underscoring that users still seek new social media experiences and the sector continues to attract venture capital. Noplace's CEO, Tiffany Zhong, previously raised funding from significant investors and created Pineapple Capital. Meanwhile, biotech startups, particularly those focused on cancer treatment, are attracting venture funding. Granza Bio, a Y Combinator startup, raised $7 million to advance cancer treatment delivery. Biotech's growing prominence is further supported by Felicis, which invests considerably in biology-focused startups. Additionally, a data breach at Evolve Bank impacts several fintech startups, with Yieldstreet and Wise confirming customer impact and concerns about undisclosed affected companies.

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