Robot brain investment leads hot July funding

More money heads to the mental health sector

August 1, 2024 Hi, Agen. Funding in July was hot with rounds of $200 million needed to even break the top 10 deals. Leading the list of of big-money recipients last month was Skild AI, a robotics startup looking to build brains for robots. Plus, mental health care investment continues to see funding, and here’s some guidance for jobseekers attempting to break into the tech sector. 🤑 The 10 biggest rounds of July Skild AI and Element Biosciences led a big July. The month saw its fair share of big rounds — and then some. Startups needed to raise $200 million or more to make the list. While the list saw a lot of the regular sectors like biotech and financial services represented, it also saw some big deals involving supply chain and automotive startups. 🌡️ Spring Health continues mental health startups’ hot streak Spring Health became the latest startup in the mental health sector to raise big, locking up a $100 million Series E at a $3.3 billion valuation. The sector has realized a trio of big raises in just the last several weeks. Related Crunchbase Pro list: US Mental Health Startup Funding 🧭 Navigating your tech job hunt Tech jobseekers can learn a lot from the strategies employed by startup founders, writes strategic adviser Itay Sagie. In this guest commentary, he outlines steps that can lead to success for both groups. 😕 Robust seed market creates dilemmas in a slower funding market As companies spend a longer time at seed — raising multiple seed rounds in this climate of larger fundings — fewer are graduating to Series A. This begs the question: At which point will these companies be able to progress? 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 Flo Health $200M / Series C Flo Health develops a women’s health app that provides access to cycle tracking, health insights, and a private community. Categories: Apps • Artificial Intelligence (AI) • Health Care • Wellness • Women's Founders: Andrew Kovzel, Dmitry Gurski, Max Scrobov, Yuri Gurski Investors: General Atlantic (Lead) Gradient AI $56M / Series C Gradient AI provides AI solutions for the insurance industry, leveraging vast industry data for accurate predictions. Categories: Artificial Intelligence (AI) • Insurance • InsurTech • Machine Learning Founders: Stan Smith Investors: Centana Growth Partners (Lead), Forté Ventures, MassMutual Ventures + 1 more Axiad $25M / Private Equity Round Axiad IDS is an identity solutions provider for enterprise, government, and financial organizations to manage cybersecurity risks. Categories: Cyber Security • Identity Management • Network Security • Software Founders: Bassam Al-Khalidi, Yves Audebert Investors: Invictus Growth Partners (Lead) More Fundings Company Amount / Round Lead Investor Haus $20M / Venture Round 01 Advisors Sybill AI $11M / Series A Greycroft DecoverAI $2.0M / Seed Round Leo Capital All Recent Funding Activity Recent Acquisitions BFC Group Holdings Pending acquisition by Al Ansari Financial Services for 735M AED More Acquisitions Company Acquired By Amount ISO Health Group NSM Insurance Group Unknown All Recent Acquisition Activity 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.