Top startups news to follow this week:

- As per Zion Market Research study, The Global Biotechnology Reagents Market accounted for USD 77.4 Billion in 2020 and is expected to reach USD 159.2 Billion by 2028.

- Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia.

- The investors behind virtual hack.summit(), the world’s largest blockchain programmer event, have launched a $200 million crypto seed fund under the Hack VC umbrella, fund partner Alex Pack told TechCrunch in an interview.

- The Department of Defense wants to create regional innovation hubs that it hopes will kickstart the domestic development of microelectronics.

- Fabric, a Seattle-based e-commerce technology startup whose leadership team includes several former Amazon executives, announced a $140 million Series C funding round, led by SoftBank, at a valuation of about $1.5 billion.

- Peruvian startup Leasy secures $17M in debt, equity to provide auto loans to LatAm ride-hailing drivers

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