 September 9, 2023  Last month’s startup funding total was on par with what’s emerged as the new normal for venture capital. So far in 2023, funding has averaged just over $23 billion per month as active investors have cut back their funding pace at each stage.  Crunchbase is now Service Organization Control 2 (SOC 2) Type II compliant. Earning this certification is part of our ongoing commitment to maintaining the security, confidentiality, availability and privacy of our systems for our customers, users and partners.  Scores of venture-backed companies touting AI technologies have shuttered or seen valuations plummet in the past few quarters, particularly visible among those that went public during the 2021 SPAC boom. We look at some of the biggest flops in the sector's unicorn ranks.  Are investors going all-in on big rounds again? Two weeks ago we marveled at the fact that eight rounds topped $100 million and amazingly, here we are again.  Over the past 10 years, only about 4% of all U.S. startup investment has gone to Texas companies, per Crunchbase data. That’s despite the fact that roughly 9% of Americans live there. Will 2023 be the year Texas’ star will rise?  In July, a startup could make this list with an $80 million raise. But August was a very different story — the final two companies on this list raised $200 million. Crunchbase, Inc. |
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