Friday, 22 December 2023

These startups saw their valuations hiked — and spiked — in 2023

Plus, the largest AI deals of the year

December 22, 2023

Hi, Agen. From seed to late-stage, venture-backed companies have gone through a major reset since 2021 — leading to flat rounds, down rounds, delayed rounds, layoffs and closures. Today, we look back at some of the most high-profile companies with disclosed values in 2023 that raised at significant markups as well as those that saw their valuations slashed.

📈 These startups saw valuations hiked — and spiked — in 2023

Down rounds in 2023 became increasingly common. They weren’t isolated to troubled companies, either. In fact, valuation resets were visited upon some companies widely considered to be the most likely to have IPO plans for the next few years.

🤑 The largest AI deals of 2023 — and who funded them

What a year it’s been for artificial intelligence investment. For a time it seemed nine-figure rounds were being thrown out by investors every week to the latest and greatest AI startup. Let’s look at who ranked at the top of the list for AI funding deals in a very active year.

💰 Anthropic reportedly in talks to triple valuation in huge deal

Speaking of large AI deals … Google-backed generative AI startup Anthropic is reportedly in talks to raise $750 million in fresh cash at a valuation of at least $15 billion — more than triple its valuation last spring.

Related Crunchbase Pro list: Rounds Raised By Startups Using AI In 2023

🔮 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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