 March 23, 2024  While venture funding to AI startups topped $50 billion in 2023 and continues to flow this year, M&A deals for companies in the space has been relatively slow, Crunchbase data shows.  Nearly half of food service employers today say they need more workers. Funded startups believe automation could go a long way to easing the labor shortage.  The week was slightly slower for huge rounds compared to previous ones, but half of the funding deals broke the $100 million mark.  Overall, biting bugs represent a big enough market to intrigue both startups and investors.  In addition to early-stage startups, Ukraine also continues to serve as an employment base for a prominent group of Ukrainian-founded unicorns and public tech companies.  To offer guidance to startup founders on how to grow their businesses through the tumultuous early period, venture firm Index Ventures tracked 210 startups as they grew to their first 1,000 employees. Crunchbase, Inc. |
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