Wednesday, 20 December 2023

The most intriguing funding deals of 2023

Plus, cleantech funding holds steady

December 20, 2023

Hi, Agen. While startup funding may be down this year, 2023 certainly did not lack for interesting deals. From a cyber brain to humanoid robots to an AI doctor, the year had its share of unique and intriguing startups that raised cash. Today we look at five funded startups that caught our eye. Plus, don’t forget to share your 2024 predictions in our new reader survey.

🧠 5 interesting startup deals you may have missed this year

Cyber brains and humanoid robot co-workers of course made our list of most interesting funded startups of 2023. But it wasn’t all AI. We were also intrigued by a company that says it’s engineered hybrid trees to grow faster, and a doctor-less doctor’s office.

🌎 Sustainability-focused funding holds up despite VC downturn

Per Crunchbase data, global investors have poured approximately $13.9 billion this year into companies working on everything from battery recycling to water-conserving crops. That puts 2023 on track to come in roughly even with last year — not bad for a year in which venture funding has fallen in almost every other industry.

Related Crunchbase Pro lists:

• Sustainability-Related Funding

• Carbon Removal- And Capture-Related Companies Funded In The Past Year

🤖 How leading investors thought about AI in 2023

A year ago, the immediate and massive adoption by consumers of AI tools like ChatGPT and DALL-E represented a critical off-to-the-races moment for artificial intelligence — one that’s only furthered investor interest in putting tens of billions of dollars into the technology and tools driving what they see as a paradigm shift for humanity. But many of the investors we spoke with in a series of wide-ranging interviews this year have also been investing in AI since before the ChatGPT moment.

Related Crunchbase Pro lists:

• Index Ventures AI Portfolio Companies

• Sequoia Capital AI Portfolio Companies

• Microsoft’s M12 AI Portfolio Companies

🔮 IPOs? Layoffs? More AI? Share your 2024 outlook in our survey

Do you feel more upbeat or gloomier now compared to a year ago? What are the big tech trends and stories you’ll be watching in 2024? And do you expect the market for new tech IPOs — which briefly opened a smidge this fall — to swing wide open next year? Tell us in our latest brief, anonymous Crunchbase News reader survey.

🕵️ The Ultimate Market Research Guide

Adaptability is key in a fast-paced market, especially when it comes to ever-changing consumer preferences and industry shifts. This comprehensive guide explores everything from market research best practices to tools and templates for getting started.

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