Uncover the Surprising Trends in This Week's Major Startup Funding Rounds

Significant funding rounds occurred in the biotech and data storage sectors, totaling over $100 million. DDN raised $300 million for data storage with a valuation of $5 billion, receiving strategic investment from the Blackstone Group. Innovaccer secured $275 million to improve healthcare software, now totaling $654 million since founding. Whatnot raised $265 million in e-commerce, achieving a valuation close to $5 billion. Aviceda Therapeutics closed $208 million for chronic inflammation treatments, and Tenvie Therapeutics raised $200 million for neurological therapies. Timberlyne Therapeutics secured $180 million for autoimmune disorder treatments. Inari received $144 million for sustainable agriculture, while Hippocratic AI raised $141 million for a healthcare-focused language model. Evergreen Nephrology raised $130 million for chronic kidney disease care, and Ouro Medicines launched with $120 million for immune-mediated disease therapeutics. Internationally, Verdiva Bio raised $411 million for treatments targeting obesity and cardiometabolic diseases.

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