Silicon Valley Funding News - Week of December 25, 2023. Harvey Raised $80M Series B

View this email in your browser

Happy holidays everyone and here come our 52nd and final newsletter for 2023!  

Here are a few great things to read/watch this week:

  • 💰 Top 20 Funding Rounds of 2023 - 2023 might be the worst year for VC funding in a decade, except if you are running AI companies in Silicon Valley,  EV companies in China or battery technologies anywhere in the world. San Francisco definitely made a huge comeback in 2023. Here are the the top 20 funding rounds globally, according to my research on Crunchbase:
    1. OpenAI (AI in SF) raised $10B venture round in Jan 2023
    2. Stripe (Fintech in SF)raised $6.5B Series I in March 2023
    3. Anthropic (AI in SF)raised $4B venture round in September 2023
    4. Anthropic (AI in SF) raised $2B venture round in October 2023
    5. Avaada (Green Energy in New Delhi) raised $1.2B venture round in June 2023
    6. Inflection AI (AI in Palo Alto) raised $1.3B in venture round June 2023
    7. JUUL (e-cigarette in SF) raised $1.26B venture round in Nov 2023
    8. Northvolt (Battery maker in Stockholm) raised $1.2B venture round in Aug 2023
    9. Metropolis (Mobility in LA) raised $1B venture round in Oct 2023
    10. Redwood Materials (Battery Supply Chain Carson City) raised $1B venture round in Aug 2023
    11. Stack AV (EV in Pittsburgh) raised $1B venture round in Sep 2023
    12. Resolution Life (Insurance in London) raised $1B venture round in Jan 2023
    13. Hozon (EV in Shanghai) raised $986M venture round in Aug 2023
    14. ROX Motor (EV in Shanghai) raised $986M venture round in Sep 2023
    15. Verkor (Battery in Grenoble) raised €850M Series C in Sep 2023
    16. Lazada Group (eCommerce in Singapore) raised $845M Venture Round in July 2023
    17. 42dot (Mobility AI in Seoul) raised $800M Venture Round in Apr 2023
    18. Zeekr (EV in Beijing) raised $750M Venture Round in Feb 2023
    19. Databricks (Data in SF) raised $684M Series I in Sep 2023
    20. Lazada Group (eCommerce in Singapore) raised $634M Venture Round in December 2023
  • 💰 Just a few Tech IPOs of 2023 - Several highly anticipated tech IPOs (Stripe, Reddit, Chime, Shein, etc) did not make it this year.  Here are a few brave ones that did go public this year: 
    • ARM is now valued at $74B
    • Klaviyo is now valued at $7.4B
    • Nextracker is now valued at $7.14B
    • Instacart is now valued at $6.6B
  • 🔮 2024 Predictions: State of Venture Capital and Startups - Alfred and I are hosting this fireside chat on January 3, 2024 at 5 pm. Join us!
  • 📺 Tim Cook Interview with Dua Lipa - I found it quite interesting to learn about Tim's upbringing and daily routine. He wakes up at 4:00 in the morning and does one hour of customer and employee emails and works out for one hour before heading into the office. He definitely gave me some inspiration for my new years resolutions. Watch here.
  • 📝 Bill Gates on 2024 - I always enjoy reading his annual letter. Here is to the the road ahead reaches a turning point in 2024. Read more 

This week a total of 11 startups raised $242.5M in funding, 2 M&As:

  • $86.1M goes to 3 Enterprise startups
  • $9.5M goes to 1 FinTech startup
  • $10M goes to 1 Wellness startup
  • $23M goes to 1 Veterinary startup
  • $1.9M goes to 1 Entertainment startup
  • $87M goes to 2 BioTech startups
  • $22.5M goes to 1 AgTech startup
  • $2.5M goes to 1 Climate Tech startup
If you love this newsletter, ask your best friends to sign up.

Edith

See more details below:
  
Funding (300 miles radius from Silicon Valley)

Enterprise FinTech Wellness Entertainment  Veterinary BioTech AgTech Climate Tech IPO & M&A (300 miles radius from Silicon Valley)  
Ask your friends to sign up here. 
 
  






This email was sent to you
why did I get this?    unsubscribe from this list    update subscription preferences
Race Capital · 548 Market Street, #7142 · San Francisco, CA 94104 · USA

Older messages

Silicon Valley Funding News - Week of December 18, 2023. Essential AI Raised $56.5M Series A

Monday, December 18, 2023

View this email in your browser Very slow week in Silicon Valley with only 10 startups raising less than $170M... Here are a few great things to read/watch this week: 🔮 2024 Predictions: State of

Silicon Valley Funding News - Week of December 11, 2023. Assembly AI Raised $50M Series C

Monday, December 11, 2023

View this email in your browser Happy Monday! Meta helps me speak French - I just tried out Meta's SeamlessExpressive, a new AI translation model by Meta which enables speech translation that

Silicon Valley Funding News - Week of December 4, 2023. Together AI Raised $102.5M Series A

Monday, December 4, 2023

View this email in your browser I cannot believe it's December already! Time really flies! This week I will be heading back to Hong Kong and will be speaking at FII (the new Davos) in my hometown.

Silicon Valley Funding News - Week of November 27, 2023. LucidLink Raised $75M Series C

Monday, November 27, 2023

View this email in your browser Hope you had a wonderful Thanksgiving week off and were able to spend some quality time with friends and family =) Here are a few great reads, watch, etc for this week:

Silicon Valley Funding News - Week of November 20, 2023. CytoVale Raised $84M Series C

Monday, November 20, 2023

View this email in your browser Last Friday, I helped ring the bell at the NYSE for the very first time supporting the DayDayCook IPO! I am very proud to be an investor and a supporter of Founder and

When to sell?

Tuesday, March 5, 2024

Is there a formula for cashing out? Amsterdam welcomes a new unicorn and the UK government backtracks on angel investing rule change View in browser Sponsor Card - FLagship Cohres Good morning there,

Silicon Valley Funding News - Week of March 4, 2024. Glean Raised $200M Series D

Monday, March 4, 2024

View this email in your browser Happy Monday from the rainy San Francisco! So awesome to see so many applications to Topline - my summer accelerator program focusing on revenue growth. This week, both

What Happens When AI Performance Asymptotes?

Monday, March 4, 2024

Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here.​ ​What Happens When AI Performance Asymptotes?​ In the past, the

this is on Thursday (just a heads up)

Monday, March 4, 2024

our analysts are explaining genAI trends and what to expect next Hi there, Want to learn about the emerging genAI trends our data is signaling? Then join this webinar, led by the analysts behind our

📂 The ROI of good design

Monday, March 4, 2024

​ ​ ​ ​ Today's newsletter is proudly supported by Videodeck 🎉 One of the most common questions I've gotten in the last year is: "How do we get started with video marketing?" So I

She HATED me and didn’t try to hide it

Monday, March 4, 2024

And I couldn't stop thinking about this… Hi , 10 years ago I was working full-time in IT. I had a job I didn't like and a boss who hated me. I'm not joking, she seriously hated me. So

🦄 Autonomous industrial painting

Monday, March 4, 2024

PaintJet provides end-to-end painting for industrial buildings using AI and robotics. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

StartupDigest Reading List: Google Search and Where AI is having the Most Impact

Monday, March 4, 2024

Weekly newsletter on technology, startups, and venture capital. View in browser Techstars Startup Digest Startups & Tech Weekly newsletter on technology, startups, and venture capital. I'm

Access to unlisted opportunities 👀

Monday, March 4, 2024

We're launching something for BUYERS ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

BSSA #87 - How Noah Tucker grew his Shopify App Social Snowball 🚀

Monday, March 4, 2024

February 13, 2024 | Read Online fb tw in email Bonjour! 👋🇫🇷 How you doing? Before reading this email, if you're on Instagram give me a follow: @mat.ds I post one reel per day with value! In