How's this: Unicorn Board Gains Baker's Dozen In July, And US Series A & B Funding Picked Up In H1

August 17, 2024 Lucky 13: A Baker's Dozen Join Unicorn List In July New unicorn counts jumped in July, as 13 companies joined The Crunchbase Unicorn Board. The healthcare/biotech sector took the lead with three companies. Other industries each counted a single newly minted unicorn in July. New Unicorns → US Series A And B Funding Picked Up in H1. What Does That Mean For Funding In 2024? H1 2024’s 34% funding uptick does not necessarily signal a strengthening of the venture markets; funding was concentrated in larger rounds dominated by two leading sectors, healthcare/biotech and AI. H1 A & B Funding → More Early-Stage Startups Are Getting Minted As Unicorns Through July, 71 new unicorns had been minted so far this year. Perhaps somewhat surprisingly, 28 of those companies were granted their unicorn horn after an early-stage funding round. Early-Stage Unicorns → The Most-Active US Series A And B Investors Made More Bets In H1 2024 Andreessen Horowitz, General Catalyst and Khosla Ventures were the most-active U.S. investors leading Series A and B rounds globally in the first half of 2024. Betting On Series A & B → AI Startup Deal-Making Gaining Momentum — Is That Good? This has not been the year many in the deal-making industry were hoping for when it came to M&A activity. However, tech’s current darling — AI — may be offering hope. AI Deal-Making → Most-Active US Investors In July: Andreessen Horowitz Led Cool Month July was hot over most of the country, but apparently not at many venture firms, with only one firm hitting double digits in the number of funding rounds for U.S.-based startups in the month. July's Busy Investors → Privacy Policy | Terms of Service | View in Browser | Unsubscribe Crunchbase, Inc. 564 Market Street, Suite 500 San Francisco, CA 94104