1. Home
  2. Discover
  3. Business
  4. PitchBook News

PitchBook News - A 2024 IPO, but at what cost?

Meet the AI unicorns of 2023; VC's primer on biopharma; what's the outlook for distressed debt?
Read online | Don't want to receive these emails? Manage your subscription.
PitchBook
Log in
The Daily Pitch: VC
December 26, 2023
The Daily Pitch is powered by PitchBook’s industry-defining research and best-in-class data
Ads
IPO outlook improved, but listing will remain a slog for startups
(Howard Kingsnorth/Getty Images)
While 2024 IPO activity will likely exceed this year's, investors and advisers are not anticipating a wave of new offerings. Most of the companies that do make it out will, more likely than not, be down-round IPOs and will have messy cap tables that some investors are anxious to clean up.
read more
 
Share: Email LinkedIn Twitter Facebook
Ranking Europe's largest PE buyouts of 2023
(DBenitostock/Getty Images)
It may not have been a blockbuster year for European PE dealmaking, but several major transactions still came through in 2023. Permira and Blackstone's bid for Adevinta and GTCR's announced Worldpay deal, for example, both breached the $10 billion mark.

Take a look at our roundup of the 10 largest PE buyouts in the region.
read more
 
Share: Email LinkedIn Twitter Facebook
 
Since yesterday, the PitchBook Platform added:
48
People
55
Companies
See what our data software can do
 
A message from PitchBook  

2024 PitchBook Media Kit released
Volatility is on the rise, everywhere. Dealmakers are looking for insights, services and tools to navigate challenging, complex market environments—and you can help them. By partnering with PitchBook Media, you can reach over two million industry professionals spanning the C-suite to flagship GP offices. Customize a unique array of options from the brand-new 2024 PitchBook Media Kit, including:
  • Sponsorship of market-leading reports such as the PitchBook-NVCA Venture Monitor
  • Placement in the most widely read industry newsletters such as the Weekend or Credit Pitch
  • Sponsored columns to share your specific message or thought leadership
  • Bespoke research options for unique, in-depth analysis
Talk to us
Share: Email LinkedIn Twitter Facebook
 
Meet the AI unicorns of 2023
The 2023 unicorn class is projected to be the smallest since 2017, with 88 startups crossing the billion-dollar valuation threshold so far, according to our unicorn tracker. Within this thin herd, 28 are AI companies.

Among the new unicorns to know are cloud infrastructure developer CoreWeave and Canadian natural language processing software specialist Cohere. CoreWeave became a unicorn in late spring after a $421 million Series B that valued it at a reported $2 billion.
explore our unicorn tracker
 
Share: Email LinkedIn Twitter Facebook
How distressed debt investors could find opportunity in 2024
(Zwiebackesser/Shutterstock)
US distressed debt players found relatively scant opportunity this year. But if companies continue to struggle to meet their financial obligations, loan defaults could rise in 2024. Healthcare, software and commercial real estate are among the sectors gaining attention.
read more
 
Share: Email LinkedIn Twitter Facebook
 
Biopharma investments hinge on the science
VCs are often betting that their portfolio companies will disrupt lives. But those who bet on biopharma are counting on innovations that save lives. Since investment in the sector peaked in 2021, VCs have been more discerning with their capital, keeping a closer eye on clinical trial results and making late-stage deals.

Our inaugural biopharma Emerging Tech Research report offers a comprehensive primer and an update on VC trends in the space. Our analysts spotlight traditional investment areas like chemistry and biologics, as well as cutting-edge segments like gene therapy and cell therapy, among others.
read the preview
 
Share: Email LinkedIn Twitter Facebook
 
Ads
 
 
Ads
 
Ads
 
About PitchBook | Terms of use | Advertise with us | Contact
Follow us: in twtr fb

This email was sent to you via the PitchBook Platform.

Do you want to change your email address, get a different edition or unsubscribe? Manage your subscription here.

© 2023 PitchBook. Win what's next. All rights reserved.

Older messages

Will an AI be your next VC?

Sunday, December 24, 2023

Plus: One industry that will outperform in '24, unicorns approach their peak, European private market predictions & more Read online | Don't want to receive these emails? Manage your

What we expect in 2024

Saturday, December 23, 2023

Our 8 analyst outlooks across US venture capital, private equity, healthcare, emerging technologies, European private capital, and the LP perspective. Read online | Don't want to receive these

Visions for enterprise, consumer tech in 2024

Friday, December 22, 2023

Biopharma VCs zero in on gene therapy; PE exit troubles hit the mid-market; Vestwell inks $125M Series D Read online | Don't want to receive these emails? Manage your subscription. Log in The Daily

Many VCs have stopped writing checks

Thursday, December 21, 2023

Trends to watch in Europe for 2024; sustainable investing opportunites in indoor farming; Sudo Biosciences takes home $116M Series B Read online | Don't want to receive these emails? Manage your

Emerging industrial tech's outlook for 2024

Wednesday, December 20, 2023

How startup verticals fared in 2023; the surge for software is just beginning; PE predictions focus on funds for 2024 Read online | Don't want to receive these emails? Manage your subscription. Log

You Might Also Like

‘We found the thing that gives us joy’: Microchild on the microverse, music, and shared language

Wednesday, March 12, 2025

The wife and husband pair of Shannon Sengebau McManus and Jonathan Camacho Glaser are souls behind the band Microchild. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

🦅 Reminder: Masterclass with Jesse Pujji

Tuesday, March 11, 2025

At 1:00 PM Eastern Time (US and Canada) ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

[Webinar tomorrow] Canadian? How to Grow Your Amazon FBA Business as a Canuck

Tuesday, March 11, 2025

Hey Reader, Are you a Canadian? No? Well, you should never skip a single line on an EcomCrew email but this is one exception and you can continue with your day. Yes? Then congratulations on hitting the

The state of ad serving for brands and agencies

Tuesday, March 11, 2025

How ad-serving technology is changing and unlocking new opportunities ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

♟️ OpenAI's smart chess move!

Tuesday, March 11, 2025

Guess who's sweating? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

March Madness is here: Tap into the hype with these marketing plays

Tuesday, March 11, 2025

And more insights to drive smarter social strategies and ROI ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

ET: March 11th 2025

Tuesday, March 11, 2025

Exploding Topics Logo Presented by: Exploding Topics Pro Logo Here's this week's list of rapidly trending topics, insights and analysis. Topic #1 Gruns (trends) Chart Gruns is a DTC startup

If SEO is dead…

Tuesday, March 11, 2025

Here's a surefire way to fall behind your competition: Declare SEO as dead and stop optimizing your content. Sure, the strategies that worked five years ago may not work today, but businesses that

Niche = $$$

Tuesday, March 11, 2025

Why Your Tiny Newsletter Could Be an Advertiser's Dream ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Founder Institute targets first VC fund

Tuesday, March 11, 2025

Startups join the M&A big leagues; Hinge Health files for IPO; stablecoin surges with regulation in play; VC-backed IPOs give up post-election gains Read online | Don't want to receive these