Busiest U.S. Series A & B investors in H1

Plus, startups reaching unicorn status earlier

August 16, 2024 Hi, Agen. The most-active U.S. investors leading Series A and B rounds globally in the first half of 2024 don’t really come as too much of a surprise, with Andreessen Horowitz coming out on top. But what does that mean for the venture market outlook moving forward? Plus, investors once again seem willing to invest at high valuations, even if the company is still relatively young. 💰 US’ busiest Series A and B investors made more bets in H1 A more dynamic seed environment relative to other funding stages through the downturn has raised questions about startups graduating beyond seed. Is the pickup in funding in H1 and the increased pace by leading investors an indicator of a stronger venture market outlook moving forward? Related Crunchbase Pro lists: • Active US Investors Leading Series A, B Rounds In H1 2024 • US Series A And B Fundings In 2024 🦄 More startups are hitting unicorn status after early fundings Even as the venture market is still correcting to find the right valuations for many companies, early-funded companies are hitting unicorn status at a much quicker pace than last year. Related Crunchbase Pro list: New Unicorns In 2024 📈 AI startup deal-making is growing — why? AI may be a bright spot in the still tepid M&A environment. However, the reasons may be varied and not entirely positive for the generative AI sector specifically. Related Crunchbase Pro list: Global Venture-Backed Artificial Intelligence M&A 🎮 New report: A Deep-Dive into the MEG Industry in 2024 Venture funding to the media, entertainment and gaming industry increased 58% in the first half of 2024. Read our joint report with Alignment Growth to discover the trends powering MEG to the next level. Enrich your CRM with Crunchbase Data ✨ Power your tools with our flexible API. Unlock firmographics, financials, insights, and predictions with API packages that scale with you.  WATCH A DEMO Recent Investments Kiteworks $456M / Venture Round Kiteworks provides secure communication and file-sharing solutions for businesses and organizations. Categories: Cloud Security • Compliance • Enterprise Software • File Sharing • Private Cloud • Security • Software Founders: Nikhil Jhingan, S Mohan Investors: Insight Partners (Lead), Sixth Street (Lead) Capitalize $19M / Series B Capitalize locates and transfers retirement assets for financial institutions and consumers. Categories: Finance • Financial Services • FinTech Founders: Christopher Phillips, Gaurav Sharma Investors: RRE Ventures (Lead), Bling Capital, Canapi Ventures + 1 more Spline $10M / Series A Spline offers 3D design and collaboration tools to create and manipulate 3D models and environments. Categories: 3D Technology • Artificial Intelligence (AI) • Product Design • Software Founders: Alejandro León Investors: Third Point Ventures (Lead), Firestreak Ventures, Gradient Ventures + 3 more More Fundings Company Amount / Round Lead Investor EliseAI $75M / Series D Sapphire Ventures Sahara AI $37M / Series A Binance Labs Actuate $12M / Series B Gray Line Partners Boosted.ai $10M / Venture Round CIBC Innovation Banking VoiceLine 2.4M EUR / Seed Round SCALEHOUSE Capital All Recent Funding Activity Recent Acquisitions Runergy Pending acquisition by Tongwei for 5.0B CNY More Acquisitions Company Acquired By Amount Teer Coatings Judges Scientific 12M GBP Autofleet Element Fleet Management $110M All Recent Acquisition Activity Upcoming Tech Events Demo Days Start Date Event Location Sep 23, 2024 2024 Venture Capital World Summit - Miami Barcelona More Upcoming Demo Days Accelerator Deadlines Date Accelerator Location Aug 23, 2024 SkyDeck Berkeley Berkeley 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.