Plus, is the IPO market back in business? February 6, 2024 Hi, {NAME}. The past few quarters [have been sluggish]( for funding to scads of startup technology sectors. Spacetech, however, is not one of them [— investors continued to pour billions into the sector](. Plus, [last week was a tough one on the layoff front]( especially if you work in fintech or digital media. And, [is the IPO market back in business?]( ð [Space infrastructure stayed aloft in tough funding climate]( Last year, investors poured more than $4.6 billion globally into startups in the space travel and satellite categories, as well as space-related aerospace sectors, [Crunchbase]( data shows. Supersized rounds went to companies developing everything from satellite networks to space stations. Related Crunchbase Pro list: [Spacetech Funding, 2023]( ð¸ [Is the IPO market back in business?]( This IPO market will not be like the ones of the past five years, writes guest author [Greg Sichenzia]( a securities lawyer who has counseled numerous companies and investment banks through initial public offerings. Here’s why. âï¸ [Layoffs hit fintech giants, digital media startups]( More than 6,000 U.S. tech workers lost their jobs last week, per our latest tally. Particularly hard hit were workers at two of the biggest fintech companies, and those at a digital media startup that completely shut down. â¡ï¸ [Lightspeed picks up the pace]( [Lightspeed Venture Partners]( — now nearly a quarter of a century old and known for backing companies such as [Snap]( [Nest]( and [Stripe]( — significantly picked up its investment cadence in the final quarter of 2023, [Crunchbase]( data shows. Related Crunchbase Pro list: [Lightspeed Venture Partners’ Investments]( ð
[Top 10: How’s a fresh $1.5B for you?]( Who said large growth rounds were dead? Last week’s list of 10 largest U.S. startup deals was topped by a whopping $1.5 billion fundraise by a renewable energy company, and followed by large rounds for AI, transportation and biotech companies. See also: [The Crunchbase Megadeals Board]( ð [The state of startups in 7 charts]( From M&A activity to Web3 funding, let’s look at what’s happening in the startup world as seen through seven charts based on recent [Crunchbase]( data. ð¤ [5 interesting startups that got money in January]( Several interesting, under-the-radar companies got investor cash in January, including a startup cleaning up space and one developing humanoid robots to help around the house. Let’s take a look. Get more with Crunchbase Enterprise
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[BOOK A MEETING NOW]( Recent Investments [ProducePay]( [$38M]( / [Series D]( ProducePay is an AgTech company developing a financing platform that allows farmers to have access to liquidity for pricing transparency. Categories: Agriculture • AgTech • Farming • Financial Services • Payments Founders: [Ben Dusastre]( [Pablo Schwarzbeck]( Investors: [Syngenta Ventures]( (Lead), [Anterra Capital]( [Astanor Ventures]( [+ 6 more]( [Interlune]( [$16M]( / [Venture Round]( Interlune is a lunar resource startup that provides resources for a clean and sustainable economy on Earth and in space. Categories: Aerospace • Information Technology • Space Travel Founders: [Gary Lai]( [Indra Hornsby]( [Rob Meyerson]( [Space Perspective]( [Unknown]( / [Venture Round]( Space Perspective is a space travel company that provides an accessible carbon-neutral spaceflight experience. Categories: Aerospace • Space Travel • Tourism Founders: [Alan Eustace]( [Christopher Kidd]( [Jane Poynter]( [Taber MacCallum]( Investors: [100 Fundadores]( (Lead), [IFG Capital Ltd.]( (Lead) More Fundings Company Amount / Round Lead Investor
[Aptera]( $34M / [Equity Crowdfunding]( -
[Pixelmon]( $8.0M / [Seed Round]( -
[6AM City]( Unknown / [Series A]( [Tegna](
[All Recent Funding Activity]( Recent Acquisitions [Everbridge]( Pending acquisition by [Thoma Bravo]( for $1.5B #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104
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