 March 2, 2024  Using Crunchbase data, we identified a sample set of 28 private companies that have a peak valuation of $1 billion or more but haven’t raised a round for years. Most closed their last round between three and four years ago.  Venture funding to Black-founded U.S. startups last year totaled only $705 million — marking the first time since 2016 that the figure failed to even reach $1 billion, Crunchbase data shows.  Amid a period of widespread construction labor shortages and rising building costs, investors have poured hundreds of millions into startups at the intersection of construction and robotics, Crunchbase data shows.  After tailing off a bit in December, job cuts picked up again in January, per the Crunchbase Tech Layoffs Tracker. February also brought a high number of mass layoffs, with both large-cap tech companies and startups reducing staff.  We used Crunchbase data to compare the investments of several of the most famous names associated with crypto, looking at funds provided by the likes of Shaquille O'Neal, Stephen Curry, Naomi Osaka and Tom Brady.  Between The Eras Tour and Barbenheimer, 2023 was a big year for consumers. Still, venture funding for the media, entertainment, and gaming industry declined. Discover the highs — and lows — of the sector as we break down the data. Crunchbase, Inc. |
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