| Hi, Agen. It turns out August’s busiest U.S. investors weren’t very busy at all, with only one firm hitting double digits last month. Of course, most of the activity involved the AI sector, but fintech and blockchain also got some investor attention. Plus, an AI unicorn more than doubled its valuation in just seven months with a $260 million-plus Series E. And guest author Marc Schröder shares the multistage challenges founders face. August seems to have been a slow month all the way around. Funding overall was down for the month, and in the U.S. no investor consummated very many deals. Less than seven months after raising a more than $200 million Series D at a $2.2 billion valuation, AI-enhanced work assistant and enterprise search startup Glean raised more than $260 million in a Series E funding at a $4.6 billion valuation co-led by Altimeter Capital and DST Global. Related Crunchbase Pro list: Rounds Raised By Startups Using AI Getting the right investors at the right time can be vital to a startup’s success, especially during the early stages, writes MGV’s Marc Schröder, who lays out the multistage challenges founders face. With out-of-pocket health spending and high-deductible health plans on the rise, more U.S. venture investment is going to companies innovating around these themes. Consumers aren’t exactly elated at the trend. Related Crunchbase Pro list: Funded Companies Tied To Self-Pay And High-Deductible Health Coverage While layoffs continue to rock the U.S. tech sector, last week did not see more than one company from a particular sector reporting cuts. However, some of the layoffs involved a substantial number of workers. We take a look. | 
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