| Hi, Agen. Ah, spring. If it’s sprung in your part of the world, you may be enjoying that brief interlude when the chilliest winter days are behind you but you’re not yet sweating it out and batting away mosquitoes and other biting pests. Biting bugs aren’t just a nuisance — they cost humanity billions of dollars and millions of lives a year. So it’s perhaps not surprising that startups are on the case and investors are willing to fund many of them — to the tune of at least $40 million for a host of companies with big plans for how to fight these small, pesky intruders. Plus, Reddit finally goes public tomorrow. Who owns most of the popular conversation platform ahead of its IPO? Biting bugs represent a big enough market to intrigue both startups and investors. Companies with business models focused on repelling insects, killing mosquitoes and eliminating bed bugs have raised tens of millions in seed and venture funding in recent years, a review of Crunchbase data shows. Related Crunchbase Pro list: Funded Companies Tied To Fighting Biting Bugs Almost a third of Reddit is owned by one company. Who else has a stake in the San Francisco-based startup, which is the last of its peers from the Web 2.0 era to finally head to the public markets? We break down its ownership and financials ahead of its IPO tomorrow. While venture funding to artificial intelligence startups topped $50 billion in 2023 and continues to flow this year, M&A deals for companies in the space have been relatively slow, Crunchbase data shows. Related Crunchbase Pro query: Global Venture-Backed Artificial Intelligence M&A Last week was another strong one for large funding rounds to U.S.-based startups. The top 10 list also included three new unicorns. See also: The Crunchbase Megadeals Board | 
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