| Hi, Agen. Startup funding to the gaming sector fell globally in Q2. Despite the number of rounds staying about the same, per Crunchbase data, a dearth of really large financings in the sector played a large part. Plus, the 10 biggest funding deals started with biotech and ended with semiconductors, but oddly enough the missing link — AI — didn’t get any big money this week. Finally, The Crunchbase Tech Layoffs Tracker features a total shutdown and some big staffing cuts for tech workers. Global funding to gaming startups fell in the second quarter. An absence of really large rounds was a major contributing factor. Related Crunchbase Pro list: Gaming-Related Startup Funding Investors’ pocketbooks were once again open wide as eight startups raised $100 million or more last week. The big rounds came from everywhere, including biotech, automotive, fintech and IT software. However, no big AI raises this week. Autonomous surface vessels maker Saronic became the sector’s latest unicorn. The Austin, Texas-based startup raised a $175 million Series B at a $1 billion valuation led by Andreessen Horowitz to develop drones for the U.S. Navy. Related Crunchbase Pro list: Global Defense Tech Funding Last week’s tech layoffs tracker saw the total shutdown of a conversational AI platform embroiled in allegations of misinformation and missing millions, while an HR software provider takes a big bite out of its workforce. All four companies new to the board are U.S.-based and — surprisingly — not pure-play AI companies. June was the lowest count for new unicorns in a month so far in 2024, based on an analysis of Crunchbase data. Each company operates in a different sector and is well established — operating for eight to nine years by the time they reached a billion-dollar value. Related Crunchbase Pro list: The Crunchbase Private Unicorn Company List See also: The Crunchbase Unicorn Board | 
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