Here is this week’s edition of the Startup Monday Issue (Issue 38– 3 May 2021)

Sharing the following this week:

- The global Virtual Reality Market is expected to reach a market value of over US$ 56.2 Bn by 2027.

- A $1 billion crypto fund could be on its way from Andreessen Horowitz.

- Josh Richards, a 19-year-old TikTok influencer determined to be the world's first influencer billionaire. Richards is now focused on buying stakes in startups — and then making them popular with his 25 million TikTok followers.

- San Jose, California-based cybersecurity startup Vectra AI today announced it has raised $130 million in a funding round that values the company at $1.2 billion.

- CVS Health Corp. CVS, +0.04% said Thursday that it will launch CVS Health Ventures, a venture fund that invests in and partners with early-stage companies focused on making healthcare more accessible and affordable.

For more startup news, head to our website.

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