Venture investment slowed to a crawl last week as only 160 venture rounds were announced, according to CrunchBase data. Characteristically, the ‘No-Vacation Nation‘ accounted for over 60% of them last week. Internationally, only India, Canada, Great Britain, China, Japan, Australia and Spain tallied more than a single venture round.

China’s $146M of venture funding over the last week was predominantly from Beijing. Online grocery store Womai raised $100M in a Series B led by SAIF Partners, the largest round of the week. Memory card producer Memblaze raised $20M in a Series B and Haha Pinche took $10M from Sequoia and Innovation Works for its carpooling app. Chengdu-based XGIMI’s $16M Series A was the only other venture round last week from China.

From the U.S., an even 100 rounds were tallied over the week, led by New York City. Buzzfeed’s $50M from Andreessen Horowitz was the latest and the largest in the Big Apple, and accounted for just under half of the $102M total raised last week. Tiger Global and Firstmark accounted for another chunk of that total by getting together for a $21M Series B for design company InVision. And if design and viral media aren’t New York enough for you, former Giants running back Tiki Barber’s Thuzio Inc. announced a $6M Series A for their ‘experience marketplace’. Prudence Holdings and RSE Ventures, both based in New York, co-invested in the round.

In all, New York’s eleven venture rounds last week were more than San Francisco’s eight. However, it was Seattle’s lone Series B for Juno Therapeutics that topped all US cities in total funding. The $134M round included investments from Seattle celebrity Jeff Bezos’ personal venture capital fund along with Boston-based Venrock. The $300M raised by Juno in the past year is going toward immunotherapies to fight cancer.

To keep track of daily funding and acquisition updates, make sure you sign up for the CrunchBase Daily Newsletter.

  • Originally published August 11, 2014, updated April 26, 2023