Here is this week’s edition of the Startup Monday Issue (Issue 36–19 April 2021)

Sharing the following this week:

- Despite a challenging year in the cannabis industry, venture investors poured over $2.3 billion into cannabis startups in 2019, up from $1.5 billion in 2018.

- Investors poured over $13 billion into just 56 AI startups in the first four months of 2021.

- Scale AI, a San Francisco-based startup that specializes in helping companies label and curate data for artificial intelligence applications, has been valued at $7.3 billion in its latest funding round, announced Tuesday.

- Investment into cybersecurity startups hit a record high of $7.8 billion in 2020, according to new data published last week by Crunchbase.

- SoftBank, one of the most influential tech investors plans to invest close to $1.2 billion in Indian startups in the first quarter of the current financial year.

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