Getting Off the VC Train🚂, 2024 US VC Valuations Report 📉, Building a Scalable Marketplace🛍️
Welcome back to The VC Corner, your weekly dose of Venture Capital and Startups to keep you up and running! 🚀
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In-Depth Insights 🔍
Getting Off the VC Train. 🚂
Reflections on the changing dynamics of venture capital and the shift towards sustainable growth over rapid scaling.
VCs Hedging Their Bets on Competing LLMs. 🤔
Venture capital firms are diversifying by backing multiple large language model startups, hedging their bets in a race for dominance in AI-driven technology.
Cloud Earnings in Q3 2024. ☁️
A deep dive into the financial performance of cloud companies in Q3, exploring growth patterns and market dynamics.
How AI Wedges Will Help Startups Outmaneuver Incumbents? 🔮
Andreessen Horowitz shares insights on the trajectory of generative AI and what the future may hold for this transformative technology.Building a Scalable Marketplace: Lessons from Grubhub and Pinterest. 🛍️
Marketplace growth expert shares dos and don’ts for scaling a platform, drawing on experiences with Grubhub, Pinterest, and more.
AI Startups and the Competitive Landscape. 🤖
How the surge of AI startups is creating a highly competitive space as investors weigh in on emerging leaders in the market.
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Interesting Reports 📊
Q3 2024 Launch Report: Food & Beverage CPG 🍔
An in-depth look at recent trends and innovations in the consumer packaged goods sector, with a focus on food and beverage.
Top Fintech Startups of 2024 💸
CB Insights' comprehensive report showcasing the most promising fintech startups of the year.
Q3 2024 US VC Valuations Report 📉
An analysis of US venture capital valuations in Q3, highlighting trends and shifts in investor sentiment and valuation metrics.
Recently Launched Funds 💸
ReSurge Growth Partners: Launches with a focus on mid-stage startups looking to scale across Europe, targeting sectors like technology and healthcare.
Faber Deep Tech Fund: With a new €60M fund, Faber aims to back deeptech innovation across the Iberian Peninsula, with an emphasis on AI and data.
Chemistry Capital: Founded by former Index Ventures, Bessemer, and a16z investors, this $350M fund targets chemistry-based solutions in sustainability, agriculture, and energy.
Thrive Capital: A $5B fund led by OpenAI’s backer Thrive Capital, focused on tech infrastructure, AI, and companies pushing the boundaries of digital transformation.
XGen Venture Fund: XGen announces a $160M first close, with a focus on early-stage investments in transformative tech across the U.S. and Europe.
Dawn Capital V: Launches its fifth fund at €400M, dedicated to scaling B2B software across Europe.
Seedcamp VII: A €200M fund targeting early-stage startups in fintech, health tech, and climate tech in Europe.
EQT Growth Fund II: Launching a $2B fund to scale tech-enabled businesses across Europe and North America.
Playground Ventures Fund III: With $500M, Playground focuses on advanced tech fields, including AI, robotics, and quantum computing.
VC Jobs 💼
Oyster Bay – VC Associate in Hamburg, Germany
North Ventures – VC Manager in Copenhagen, Denmark
Zeiss Ventures – Senior VC Manager in Oberkochen, Germany
Picus Capital – VC Associate in Munich, Germany
Picus Capital – VC Analyst in Munich, Germany
Enpal – VC Analyst in Berlin, Germany
Cerberus – VC Fellowship in New York City, NY
Congruent Ventures – VC Associate in San Francisco, CA
Alignment Growth – VC Analyst in New York City, NY
Incite – VC Internship (Remote)
Gold House – VC Associate in Los Angeles, CA
Gener8tor – VC Manager in Madison, WI
XRC Ventures – VC Principal in New York City, NY
Hottest Deals 💥
CrossBridge Bio, a Houston, TX-based biotechnology company pioneering dual-payload antibody-drug conjugates (ADCs) as targeted cancer therapies, raised $10M in funding (read here)
Transaera, a Somerville, MA-based technology company providing an energy-efficient approach to cooling and dehumidification, raised $10.5M in funding (read here)
Inquis Medical, a Menlo Park, CA-based medical technology company specializing in advanced thrombectomy systems, raised $40M in Series B funding (read here)
BETA Technologies, a South Burlington, VT-based electric aviation company, raised more than $300M in Equity funding (read here)
Augment, a Palo Alto, CA-based AI coding assistance startup, received an investment from Evolution Equity Partners (read here)
eRESI Capital, a Charlotte, NC- and Pasadena, CA-based provider of a mortgage funding solutions platform, received an investment from KKR (read here)
Plato, a Berlin, Germany-based AI-powered platform for ERP processes in wholesale, raised $6.5M in Pre-Seed funding (read here)
Ampd Energy, a Singapore-based manufacturer of the Enertainer and Ampd SiloTM battery energy storage systems (ESS) for heavy industries, raised $27.3M in Series B funding (read here)
Workgrounds, a New York based startup that automates the process of booking and managing hotel room blocks for companies, raised $2.6m in pre-seed funding (read here)
Troveo, a Los Angeles, CA-based platform helping content owners monetize from AI, raised $4.5M in Seed funding (read here)
Research Grid, a NYC-based AI startup that helps medical research institutions automate back-office admin for clinical trials, raised $6.5M in funding (read here)
Endeavor, a San Francisco, CA-based provider of an enterprise AI platform for manufacturing companies, raised $7m in seed funding (read here)
Dash0, a Solingen, Germany-based provider of an opentelemetry-native observability tool, raised $9.5M in Seed funding (read here)