| Hi, Agen. Supply chain management startup Altana’s big raise propelling it to unicorn status last week aside, the pace of funding so far in 2024 points to the sector’s startups getting much less investor attention. Plus, the biggest fundraises last week were led by a Sphere-like entertainment startup, and Intel added some noise to a somewhat subdued tech layoffs timeline. Remember just a few years ago when investors couldn’t stop flocking to high-valued startups in the supply chain ecosystem? Those days seem long gone, as the sector has crashed unlike many others. Related Crunchbase Pro list: Supply Chain Management Funding Another week, and again a few handfuls of startups raised nine-figure rounds as the calendar turned from July to August. The week was led by a Sphere-like entertainment startup. See also: The Crunchbase Megadeals Board U.S. tech layoffs were somewhat quiet the past couple of weeks, but an early August announcement from Intel Corp. added some noise to the space which also saw the conclusion of the first month of Q3 with a pair of total shutdowns. In a typical year, major automakers participate in several billion dollars worth of startup funding rounds. And so far, 2024 is not bucking the trend. Related Crunchbase Pro lists:
• Automaker-Backed Funding Rounds
• Automaker Lead Investor Funding Rounds 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. | 
WATCH A DEMO
No comments:
Post a Comment