Should the window stay open, we can expect to see many more unicorns resuscitate IPO plans first initiated toward the tail end of the market boom a couple of years ago. Several startups at the intersection of scent and technology have pulled in funding in the past few years. We take a look. Nine companies joined The Crunchbase Unicorn Board in August 2023, with three of those companies in financial services. And two highly valued unicorns plan to go public in September, a signal that the IPO market could open further in 2024. Four of the week's top six rounds are directly related to AI and the use of the new technology. The rounds also show how AI is affecting every industry — from data analytics to biotech. For the second month in a row, Alumni Ventures was the most active investor in U.S.-based startups. However, no firm cracked double-digits in U.S. investments in August. Years before ChatGPT brought mainstream attention to AI, Index Ventures was placing bets on artificial intelligence companies. We talked with Index partner Erin Price-Wright about the firm's AI portfolio. Crunchbase, Inc. |
Saturday, 16 September 2023
Unicorn IPO Plans Thawing, And AI Nose Startups Sniff Out Funding
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment