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Congrats to team Solana (one of my portfolio companies) for climbing to seventh in the Crypto Top 10!  Solana is slowly becoming the de facto standards for DeFi and NFTs.  Here are the hundreds of projects now building on Solana.

On October 4th at 6 pm PST, FoundersHK is hosting its very first Demo Day with  Batch 1 accelerator companies. From fintech, foodtech to edtech, you will get to meet 12 amazing companies.  Join us.

Yesterday was a big moment in the history of mobile apps.  Epic Games' Tim Sweeney landed a big win against Apple's Tim Cook. The judge ruled that Apple must allow developers to send users outside the App Store to make payments—the biggest change to the platform since it was created in 2008. Great moment for embedded fintech startups!

Check out my fourth China Internet Report!  Published annually, this report covers the biggest trends in China tech for the last year, including deep dives on the impact of Beijing’s tech crackdown, changing demographics and more on the biggest digital sectors: 5G, artificial intelligence, blockchain, e-commerce and fintech are all covered, among others.

Race Capital portfolio companies are hiring!  Check out our job board

This week a total of 14 startups raised $565.6M in funding, 3 M&As:

  • $131.5M goes to 4 Enterprise startups
  • $45M goes to 1 FinTech startup
  • $20M goes to 1 Real Estate startup
  • $2.1M goes to 1 E-Commerce startup
  • $10.3M goes to 1 Marketplace startup
  • $325M goes to 4 BioTech startups
  • $5.2M goes to 1 Healthcare startup
  • $26.5M goes to 1 Automotive startup
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