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Insight of the week: US-China Trade War Could Dent Tech
The US-China trade war escalated further over the weekend, with the Trump administration imposing tariffs on an additional $200B of Chinese goods. China responded almost immediately with $60B of new tariffs of their own, prompting the US administration to threaten an incremental $267B tariffs in the weeks ahead. With the trade war entering this dizzying new and uncertain phase, we thought it would be helpful to revisit the possible ramifications for startups.
First, the bad news...
...and then the not-as-bad news:
Other items we are reading
Finance & Research Lead, EquityZen
Datrium - Datrium Raises $60M in Series D Funding
ENDOTRONIX - Cardiac-device startup gets $45 million
Atreca - Atreca banks a $125M mega-round as it builds a pipeline of antibodies for cancer and ponders IPO timing
Shift - Online used car startup Shift raises $140 million
Pendo - Raleigh’s Pendo raises $50 million to expand its cloud-based product platform to the EU
Sysdig - Sysdig raises $68.5 million to boost security and performance for containers and cloud-native apps
UiPath - UiPath lands $225M Series C on $3 billion valuation as robotic process automation soars
WHILL - WHILL, Inc. Raises $45 Million In Funding
Indigo - Indigo raises $250M, launches marketplace to help farmers get paid for quality grain
Zumper - Zumper raises $46M more to take on Zillow and the rest with its apartment rental platform
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