#NYCtech Week in Review: 5/4/25 - 5/10/25
Briefly

The latest NYC Tech News highlights significant funding rounds for various startups in the city, including Wonder's impressive $600M for its food delivery service, making it the leading venture in recent weeks. Artsy, the online art marketplace, secured $32.8M from multiple investors, raising its total funding to $133.7M. Additionally, Inductive Bio raised $25M for its AI drug discovery platform and Diode Computers secured $14.5M for automated circuit board manufacturing. These developments indicate the continued growth and investment within the NYC startup ecosystem.
Wonder, the "super app for mealtime," has raised $600M in Venture funding led by New Enterprise Associates, totaling $2.5B in reported equity funding.
Artsy, the online art marketplace, has attracted $32.8M in funding from forty-four investors, bringing its total raised to $133.7M.
Inductive Bio, using AI for small molecule drug discovery, has completed a $25M Series A funding round led by Obvious Ventures, with a total of $29.3M raised.
Diode Computers, focusing on automated circuit board manufacturing, raised $14.5M from thirty-one investors, totaling $15M in reported equity funding.
Read at Alleywatch
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