Friday, 16 February 2024

5 areas where seed investors are active

Big raise for AI compute startup

February 16, 2024

Hi, Agen. What’s the next big thing in tech? While we don’t have a crystal ball, we do have our own future-telling tool: Seed-funding data. By looking at today’s cohort of very young funded companies, we can piece together a sense of the technologies startup investors see most impacting our lives in future years. So without further ado, let’s look at five areas where seed investors have been most active. Plus, another big raise in a week of big raises — this time to an AI compute startup.

🌱 5 areas where seed investors are active

From construction tech to AI health diagnostics to spacetech, our data shows seed-stage investors have been funding young startups across an array of fascinating industries.

🦄 AI compute startup hits $1.5B valuation with massive raise

Lambda — a startup provider of Nvidia’s latest highly sought-after GPUs that counts Microsoft and Amazon among its customers — just hit unicorn status after a $320 million Series C at a $1.5 billion valuation.

Related Crunchbase Pro list: Rounds Raised By Startups Using AI In 2024

🧾 These startups are growing alongside the gig worker economy

Over the past few quarters, venture investors have poured hundreds of millions into companies with offerings aimed at freelance and gig workers. Top focus areas include platforms for finding work, accounting tools and apps tailored for specific industries.

Related Crunchbase Pro list: Freelance And Gig Worker Services Startups

🤖 Deep tech funding stays relatively steady

After seeing a significant slowdown in venture funding through the first half of 2022, some of the biggest sectors in deep tech — quantum computing, space travel and robotics — showed resiliency in 2023, according to Crunchbase data.

Related Crunchbase Pro list: Deep Tech Funding

🎮 Report: Analysis of the media, entertainment, and gaming industry

Venture funding to the media, entertainment, and gaming industry is declining, but it’s far from game over. We’re also seeing emerging opportunities for generative AI to transform the sector.

Final week: CNBC is now accepting nominations for the 2024 Disruptor 50 list

The Disruptor 50 list is an annual look at the most innovative venture-backed companies. Private startups are scored on criteria including scalability, revenue and user growth, the use of breakthrough technology, and workforce diversity. The deadline to apply is Friday at 11:59pm ET. 

Recent Investments

cPacket Networks

$67M / Venture Round

CPacket Networks specializes in network visibility and performance monitoring solutions.

Categories:

Application Performance Management • Cloud Computing • Cloud Security • Data Center • Information Technology • Network Security • Software

Founders:

Rony Kay

Investors:

Morgan Stanley Expansion Capital (Lead)

Bold

$50M / Series C

Bold creates financial tools that allow users to increase sales by receiving card payments.

Categories:

Financial Services • FinTech • Payments

Founders:

Ana María Sandoval, Enríque Ramírez, Jorge Ulloa, José Fernando Velez, Sergio Vergara

Investors:

General Atlantic (Lead), Amador Holdings, InQlab + 1 more

Rasa

$30M / Series C

Rasa provides an open platform for generative conversational AI, enabling the creation and deployment of advanced AI assistants.

Categories:

Artificial Intelligence (AI) • Machine Learning • Software • Virtual Assistant

Founders:

Alan Nichol, Alex Weidauer

Investors:

PayPal Ventures (Lead), StepStone Group (Lead), Accel + 2 more

More Fundings

Company Amount / Round Lead Investor
Roam $14M / Series A Equator
Ultiverse $4.0M / Initial Coin Offering IDG Capital
testRigor Unknown / Seed Round -
All Recent Funding Activity

Recent Acquisitions

Altium

Pending acquisition by Renesas Electronics Corporation for $5.9B

More Acquisitions

Company Acquired By Amount
Silent Sentinel Motorola Solutions Unknown
All Recent Acquisition Activity

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