When Venture And AI Team Up, And The Rocky Road To Profitability Post-IPO

August 31, 2024 Menlo Ventures Looks To Add To Growing AI Portfolio With New Anthropic Partnership AI investment towers over other sectors when it comes to venture funding, and Menlo Ventures, one of the oldest firms in Silicon Valley, led that charge, but it's looking for more. Anthology Fund → To Make It Big, Most Tech Startups Have A Limited Post-IPO Window To Turn Profitable How long will investors wait for a public company to produce net income? We focused on companies that went public after 2000 and are currently among the very large cap stocks. Here's what we found. Post-IPO Window → After Slowing In 2023, US Median Round Size Again Growing The first half of this year has seen the median round size for funding at seed through Series C pick up. Median Round Sizes → Venture Funding To China-Based Startups Dries Up  Venture funding to Chinese startups seems almost certain to hit its lowest point in a decade as early-stage funding to the country continues to plummet. China Funding Falls → Corporate Funding Rounds Account For Larger Share Of Venture Investment In the past couple years, a larger share of U.S. startup investment has come from corporate funding rounds, with 2024 currently in second place for the highest share of funding from such deals. Corporates Step Up → NEW: Automate Your Workflow With The Zapier Integration Power your workflow with proprietary private company data on or off Crunchbase. With the new Zapier integration, you can automatically sync live Crunchbase data with over 7,000 tools of your choice. The integration is available for Enterprise and Pro customers, click below to learn more. Learn More → Privacy Policy | Terms of Service | View in Browser | Unsubscribe Crunchbase, Inc. 564 Market Street, Suite 500 San Francisco, CA 94104

August’s interesting rounds

Plus, OpenAI's $100B valuation

August 30, 2024 Hi, Agen. Summer vacations and the laid-back nature of this time of year may have caused some to miss the intriguing startups that raised cash in August . But do not fear, we share a handful of the month’s more interesting startups getting money with solutions to address dirty laundry, space mining and a portable allergen detector. Plus, a look at OpenAI’s anticipated $100 billion valuation unearthed some thought-provoking comparisons. 🤔 5 interesting startup deals you may have missed in August This month was full of interesting rounds — ranging from a laundry startup to a company that has developed a sensor-laden tool for finding toxins and contaminants to help those that have allergies. 🤯 Putting OpenAI’s $100B valuation into context OpenAI’s reported $100 billion valuation is a staggering number, even by venture-backed unicorn standards. We put together a few comparable stats to put it in context. 💻 NEW: Automate your workflow with the Zapier integration Power your workflow with proprietary private company data on or off Crunchbase. With the new Zapier integration, you can automatically sync live Crunchbase data with over 7,000 tools of your choice. The integration is available for Enterprise and Pro customers, click here to learn more. 💰 Anthology Fund looks to marry venture industry with gen AI AI investment has towered over other sectors when it comes to venture investment, and one of the oldest firms in Silicon Valley has led that charge. Now Menlo Ventures is looking for more — and partnering with one of the biggest generative AI startups in the world. Related Crunchbase Pro lists: • Menlo Ventures Generative AI Portfolio • Global Funding To AI Companies In 2024 Recent Investments Parry Labs $80M / Series A Parry Labs integrates digital systems, modernizes defense platforms, and accelerates military technology development. Categories: Artificial Intelligence (AI) • Government • GovTech • Information Technology • National Security • Software Founders: John Parkes, Robert Miller Investors: Capitol Meridian Partners (Lead), 3Wire Partners, Teamworthy Ventures + 1 more nOps $30M / Series A nOps is an AWS optimization platform that simplifies and automates cloud tracking, allocation, and optimization. Categories: Cloud Computing • Cloud Management • SaaS • Software Founders: Ashok Seetharaman, JT Giri, Sumit Gupta Investors: Headlight Partners (Lead) Propel $3.5M / Grant Propel is a consumer technology company that offers a mobile app to improve financial health for low-income Americans Categories: Apps • Finance • Financial Services • FinTech Founders: Jeff Kaiser, Jimmy Chen, Ram Mehta, Shelly Ni Investors: Bill & Melinda Gates Foundation (Lead) More Fundings Company Amount / Round Lead Investor Swiss-Mile $22M / Seed Round Bezos Expeditions Moda Operandi $10M / Venture Round - Altscore $8.5M / Series A - Servify 340M INR / Series D Bajaj Holdings and Investment Agency AI $2.6M / Pre Seed Round 645 Ventures All Recent Funding Activity Recent Acquisitions ABL Life Insurance Pending acquisition by Woori Financial Group for 265B KRW More Acquisitions Company Acquired By Amount Tongyang Life Insurance Woori Financial Group 1280B KRW Valueleaf Services India VerSe Innovation Unknown All Recent Acquisition Activity Upcoming Tech Events BTF 2024 October 10 - 10, 2024 in London BTF is a media and events platform centered around culture and innovation. Accelerator Deadlines Date Accelerator Location Apr 5, 2027 Evvolve & Partners London Oct 1, 2028 Brewer Investing Firms Milwaukee More Upcoming Deadlines Don’t see your event? Reach out to us at events@crunchbase.com. Discover innovative companies and the people behind them. 564 Market St, San Francisco, CA 94104 © 2024 Crunchbase Inc. All rights reserved. Privacy Policy | Terms of Service Unsubscribe from Crunchbase Daily.