Thursday, 14 September 2023

These startups pass investors’ smell test

Even cybersecurity funding in Israel is tanking

September 14, 2023

Hi, Agen. “Hey Siri, what’s that smell?” It’s probably not something you’ve asked your smartphone lately — or, let’s face it, ever — but dozens of funded startups are working on smell-related technologies that could one day usher in an era where olfactory information is just as easily digitized and synthesized as sound or imagery. We look at smell-related startups working on everything from breast cancer detection to dreaming up new perfumes.

📉 Even cybersecurity funding is down in Israel

Yes, startup funding is down everywhere, but in Israel it looks more existential. That’s because one of the sectors leading the decline is cybersecurity, the nation’s best-known tech sector.

Related Crunchbase Pro lists:

• Funding To Israel-Based, VC-Backed Startups
Funding To Israel-Based, VC-Backed Cybersecurity Startups

👃 These AI-powered ‘nosy’ startups pass investor smell test

Startups at the intersection of scent and technology have been pulling in funding for the past few years. Using AI to sniff out cancer, restore olfactory sense or warn us of any danger in the very air we breathe, there should be an interesting future for these companies. We take a look at the startups that have, so far, passed the investor smell test.

Related Crunchbase Pro list: Scent-Related Funded Startups

👟 Investors still stepping up for shoe startups

With Birkenstock about to put the “stock” in its name with its planned IPO on the NYSE, we look at the many shoe startups drawing VC attention even in this down market. Over the past year, venture investors have stepped up funding to an array of foot-focused upstarts pitching everything from 3D-printed, custom shoes to chic sneaker marketplaces to vegan high-tops.

📺 Nielsen competitor VideoAmp snags $150M Series G

VideoAmp, a New York- and California-based media measurement startup, has raised $150 million in a Series G funding round led by Vista Credit Partners. Will the huge late-stage round dust off the Nielsen competitor’s reported IPO consideration? Stay tuned.

Related Crunchbase Pro list: Adtech Funding To US-Based, VC-Backed Startups

🤖 How this VC invests when ‘every company will have AI’

Years before ChatGPT brought mainstream attention to AI, Index Ventures was placing bets on artificial intelligence companies ranging from Aurora to Arthur AI. We speak with firm partner Erin Price-Wright about where she sees AI headed and what the firm is investing in.

Related Crunchbase Pro list: Index Ventures’ AI Portfolio Companies

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