Venture Capitalists Scale Back Giant Rounds as Modal Labs and Icon Lead Weekly U.S. Funding

Startup investors may not be pressing pause on the venture ecosystem, but the landscape saw a noticeable recalibration in the size of mega-rounds over the past week. While capital continued to flow freely into high-growth sectors, only two U.S.-based startups managed to secure financings reaching into the multiple hundreds of millions of dollars. The week’s…

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