 July 20, 2024  All four companies joining the board are U.S.-based and — surprisingly — not pure-play AI companies.  European funding rose in Q2, beating Asia for the first time with the continent's most prominent sector, AI, taking the lead.  Funding to cybersecurity startups had its best quarter in more than two years, with $4.4 billion rolling to VC-backed companies, a 63% increase from Q1.  Equity funding to startups focused on cleantech and sustainability is down this year. However, that decline is counter-balanced somewhat by ultra-large debt financings for companies in the space.  Latin American startup funding rose in the second quarter, led by a resurgence in late-stage dealmaking and a pickup in venture investment in Mexico.  DreamBig Semiconductor became the second chip startup this week to raise big — locking up a $75 million equity round, which included an investment from the Samsung Catalyst Fund. Crunchbase, Inc. |
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