U.S. Startup Investors Scale Back Giant Rounds as Modal Labs and Icon Capture Top Funding Deals

Venture capital investors may not be hitting the pause button on startup financing, but they did noticeably scale back on ultra-massive rounds over the past week, with just two companies securing fundraisings in the multiple hundreds of millions of dollars. While the broader ecosystem continues to deploy capital across artificial intelligence, biotech, climate technologies, and…

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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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Ripple Prime Secures Landmark Mandate with Brevan Howard as Blockchain Giant Expands Wall Street Footprint

By PYMNTS | October 7, 2026 Ripple has announced a major expansion of its institutional financial services footprint, revealing that Ripple Prime will provide comprehensive multi-asset prime brokerage, clearing, and financing services to funds managed by Brevan Howard. The agreement, detailed in a press release issued on Tuesday, October 6, marks a significant deepening of…

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