India crashes So which countries in the region led to these numbers? While nearly every major country saw their numbers fall, India took one of the most pronounced declines. Startups in the country raised only $2.9 billion in Q3, compared … Continue reading Asia, the Second Largest Unicorn Hub, sees VC Funding Plummeting, led by India

The latest numbers appear less alarming when looking across a two-year time horizon, rather than solely comparing to 2021’s record-breaking tallies. By historical standards, funding totals are still pretty high. Early- and seed-stage dealmaking, for instance, is actually above 2020 … Continue reading North American Startup Funding Shrank Over 50% In Q3, Led By Late-Stage Declines

1. Aspen Power, $350M, clean energy: The biggest round of the month was led by private equity giant Carlyle Group, which invested $350 million for a majority stake in renewable energy developer Aspen Power. The Dallas-based clean energy provider is looking to buy … Continue reading The 10 Biggest Rounds Of November: Aspen Powers Up With $350M; DispatchHealth Raises Big For In-Home Care

As tech companies slash their workforces and tighten their 2023 budgets, employers that once embraced shiny new perks to attract and retain talent are taking a second look at their benefit offerings. Following suit, startups that made employer benefits their bread-and-butter business … Continue reading Telehealth Startups Pivot (Yet Again) As Employer Benefits Get Reevaluated In Layoff-Looming Economy

Norwegian grocery delivery business Oda announced on Tuesday it raised $151 million in equity from Kinnevik, Verdane and Summa Equity, bringing total funding to $630.5 million. The company turned a profit last year in Norway, but the new funding brought Oda’s valuation down from $900 million in 2021 … Continue reading Grocery Delivery Startup Oda Nabs $151M — At A Price

For years, tech writers have been warning about how AI will eliminate the need for all kinds of human-staffed professions from truck driving to portfolio management. Turns out, the AI bots are really coming for us. That’s becoming increasingly clear … Continue reading Writing-Focused Startups Draw Big Bucks

In a year where venture funding has slowed, defense and security firm Anduril helped close it with a big bang — and raise. The Costa Mesa, California-based startup locked up a Series E worth nearly $1.5 billion that values the company at … Continue reading Defense Tech Startup Anduril Raises Massive $1.5B Round At $8.5B Valuation

Everyone has heard that fan kick on in their laptop or tablet, followed by that dread that inevitably the device is about to slow down to a crawl. Frore Systems emerged from stealth Thursday promising to fix that issue — … Continue reading Frore Systems Emerges From Stealth With $100M From Investors Including Mayfield And Qualcomm Ventures

Out of all the beaten-down public companies in the autonomous driving space, Embark Technology, stands out as a conspicuously terrible stock market performer. The San Francisco-headquartered company, which develops autonomous driving technology for the trucking industry, has presided over a roughly … Continue reading Autonomous Trucking Software Upstart Embark Has Quietly Gone From $5B+ To Basically Worthless