Hi, Agen. What’s a seafood lover to do? With the climate and overfishing playing havoc with the world’s fisheries, and cell-based seafood looking years away from mass-market readiness, consumers (and VCs) are considering (and funding) improvements to the fish-farming sector and gambling big that alternative protein seafood will one day taste good. The troubled state of the seafood industry may help explain why there’s been capital flowing to startups aiming to improve on the status quo. Seafood-related startups funded in the past couple years have collectively raised nearly $3 billion to date, per Crunchbase data. Related Crunchbase Pro list: Seafood-Related Startups Funded In The Past 2 Years Over the next six to 24 months, we’ll see many of the best venture deals get made, writes Marc Schröder of early-stage investment firm MGV, and that means deploying capital right before the market has directional consensus. Google and Nvidia are among the investors in the round, just the latest huge raise in the AI space. The $155 million in additional capital will be used by the startup to grow its text-based generative AI services for enterprises. What do window-cleaning robots and a virtual companion for the elderly have in common? Besides the obvious — AI — those startups and more got funding in under-the-radar deals this month. Let’s take a look at five interesting, kind of wacky, startups that landed investor cash in August. Y Combinator has developed a reputation for launching startups into the investment market at eye-watering prices. That’s particularly striking as we find ourselves in the midst of a down market for venture funding. But are those valuations really so out of touch? Dan Gray of startup valuation platform Equidam makes the case that they’re not. How long ’til it’s too late? That’s the question facing many early-stage startups that last raised funding during the 2021 boom times and now face a drought. A Crunchbase data analysis suggests that the window for many Series A startups looking for their Series B is getting smaller. |
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