| Hi, Agen. We talked to Faisal Aftab, founder of Pakistan-based Zayn Venture Capital and judge for the soon-to-be-released “Shark Tank Pakistan,” about the country’s underfunded startup scene. Here’s what we learned. Plus, biotech saw a lot of love last week, dominating the list of the top 10 funded startups, but AI, of course, took the lead. And, last week’s Tech Layoffs Tracker involved hundreds of West Coast workers. Faisal Aftab, founder of Pakistan-based Zayn Venture Capital, talked to Crunchbase News about the country’s underfunded startup scene, his plans to boost it with his role in the soon-to-be-launched “Shark Tank Pakistan,” and which sectors the panel of judges are likely to hear from. Despite a slowdown in venture investment in Pakistan, some of the country’s most prominent startups in sectors like delivery, e-commerce and online banking have actually been getting funded. Using Crunchbase data, here’s what we found. Related Crunchbase Pro list: Sample List Of Pakistan’s Funded Startups Investors were still hungover from the long holiday weekend, as big rounds rolled in slowly last week. Only three topped $100 million. However, the week did see a massive $1 billion raise for — what else? — an AI company. See also: The Crunchbase Megadeals Board 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. Last month Huntington Beach, California-based asteroid mining startup — AstroForge — locked up a $40 million Series A. While the round wasn’t huge and certainly didn’t send shockwaves through the venture community, it was the latest good-sized round that has helped space tech startups nearly reach last year’s venture funding total — just two-thirds into this year. Related Crunchbase Pro list: Space Tech Funding Despite the local unrest and economic uncertainty, the Israeli tech industry has shown resilience, especially with M&A trends since the start of 2024 when compared to the same period in 2023. Strategic adviser Itay Sagie dives into the numbers. | 
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