 September 7, 2024  Global venture funding slowed last month, reaching $18 billion — the lowest monthly funding so far in 2024, Crunchbase data shows. Funding was down month over month by 36% and year over year by 23% from $23.7 billion in August 2023.  Funding to VC-backed space tech startups has nearly reached the $6 billion mark this year, quickly closing in on the $6.2 billion the sector raised in 2023.  In busier years for tech IPOs, the week after Labor Day is a brisk period for roadshows by companies looking to make an autumn market debut. This year, however, isn't playing out that way.  It was another big month for megadeals. You had to raise more than $150 million to make the top 10 list this month — as investors put money into everything from defense tech to semiconductors to biotech.  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.  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 don't worry, we have a short list here that includes everything from space mining to a developer of new and improved wood. Crunchbase, Inc. |
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