| Hi, Agen. While it’s generally been a slow summer for venture funding, we saw again last week that some lucky companies are still scoring large funding deals. By our count, 115 U.S.-based startups have now raised rounds of $100 million or more this year. A trio of big rounds led the way last week, including a $400 million raise that probably flew under your radar. We also saw a unicorn raise a down round and investors write big checks to two companies using AI in health care. While companies in industries ranging across fintech, edtech, cybersecurity, enterprise software and more — and even a well-known VC firm — joined The Crunchbase Tech Layoffs Tracker last week, no sector shed more workers than biotech. As private market exits go, selling your startup to an acquirer at a great price is a preferred path. But as the current M&A slowdown continues, even the most acquisitive public tech companies are keeping a tight grip on their cash. We compare the past M&A spending by tech’s behemoths to their 2023 acquisitions. Related Crunchbase Pro list: M&A Deals Made By The 5 Most Valuable Tech Companies In 2023 Six companies joined The Crunchbase Unicorn Board last month — half of them from the AI sector. What’s more striking, however, is how drastically new unicorn counts have fallen — a year ago, 32 new unicorns joined the board. The decline in new billion-dollar startups comes as previously minted unicorns also see their valuations reset, sometimes dramatically. | 
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