 September 28, 2024  It seems every time a large generative AI company raises billions of dollars, one of the Big Tech pillars is leading the round. However, a look at Crunchbase data shows something surprising — corporate venture investments were actually down throughout the past two years.  In the first half of 2024, Black-founded U.S. startups received $228 million in funding — or about .3% of the nearly $79 billion that went to U.S.-based startups. The dollar total also represents a whopping 60% drop from H1 of last year.  A good-sized cohort of startups have raised funding in recent quarters with offerings aimed at slowing, sustaining or even shaving years off biological age. Now we're on the cusp of seeing a closely watched IPO with the pending debut of longevity-focused startup BioAge Labs.  In areas from green burial to wills and estate planning, startups have pulled in hundreds of millions for death-related business models. Using Crunchbase data, we put together a sample list.  My Dashboard is your new, centralized hub for tracking and monitoring within Crunchbase. Now, you can access your lists and saved searches all in one centralized place. Stay up to date on the companies and people you care about, monitor new additions in your saved searches, and get alerted about the latest updates so you can prioritize your next move! Login to view My Dashboard.  Predictions and Insights offer predictive company intelligence about private companies and company health by combining our proprietary private company data with the power of AI. Now, you can incorporate company Growth Insights, Funding Predictions, Investor Insights and more into your own products and tools using the Crunchbase API. Crunchbase, Inc. |
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