Marlize van Romburgh

The overarching theme from our third-quarter market reports was that venture funding has most definitely rebounded since the 2022 correction, but there’s a stark divide between who’s getting funding and who’s not. We take a look.

HR and payroll platform Deel has raised $300 million in fresh funding at a $17.3 billion valuation. The deal was led by new investor Ribbit Capital and previous investors Andreessen Horowitz and Coatue Management.

Expense management startup Ramp has acquired the team of an AI startup, I with the intent of making its engineers “as productive as possible,” the company tells Crunchbase News exclusively.

This month most of the startups that caught our attention include a one making a more environmentally friendly fertilizer, a mental health platform for new and expecting mothers, and a medical device company aiming to make a better insulin patch. Let’s take a look.

With the new funding, San Francisco-based Anthropic becomes the fourth-most valuable private company in the world and remains the second-most highly valued generative AI startup behind rival OpenAI, per Crunchbase data.

Website design platform Framer gained unicorn status with its Meritech Capital Partners- and Atomico-led $100 million Series D that values it at $2 billion.

AI was yet again an inescapable theme this month as we looked for interesting startups that landed fresh investment. From a company using AI to help Alzheimer’s patients and their families better manage care, to another promising to streamline clothing production in the U.S. through advanced robotics, startups scooped up cash around a variety of AI-related businesses in August.

We take a closer look at a host of funded startups that caught our attention this month, ranging from a flu vaccine developer to a startup identifying AI deepfakes to another mapping underground utilities.

We take a deep dive into our Q2 startup data with nine charts from Crunchbase News’ venture reports that illustrate the major startup and VC trends midway through 2025.

Former Sequoia Capital partner Matt Miller is nearing the close of a new $400 million venture fund to invest in European startups, the Financial Times reported.

Venture investment in fashion-related AI startups has risen or held steady in the past five-plus years, even as overall VC funding has fallen from its pandemic-era highs, Crunchbase data shows.

Funded startups that caught our eye this month ran the gamut from the heartwarming (a cute robotic puppy companion for seniors), to the solemn (software for planning military operations),  to the hopeful (faster drug discovery without animal testing), but AI was again an inescapable theme. Let’s take a closer look at five interesting startups that announced funding in June.

Abridge, a startup that offers an AI notetaking tool for doctors, raised a $300 million Series E led by a16z at a $5.3 billion valuation, according to The Wall Street Journal. 

Nuclear startup TerraPower raised $650 million from its founder Bill Gates, HD Hyundai, NVentures and existing investors as the tech industry continues to seek new sources of energy amid the power-hungry AI boom.

Shares of stablecoin issuer Circle soared out of the gate in its debut on the New York Stock Exchange on Thursday, after the New York-based startup reportedly raised $1.1 billion in an upsized IPO that valued the company at $6.8 billion.

Every under-the-radar funded company that caught our eye in May relied heavily on artificial intelligence, whether that was to help farms reduce water usage, trucking companies deploy fleets more efficiently, or retailers catch would-be shoplifters before the act. Let’s take a look.

Cathay Innovation said Tuesday it has closed its Fund III at $1 billion and will continue to back AI startups in digital health, fintech, consumer technology, mobility and energy.

Fitness app Strava reached a $2.2 billion valuation after raising an undisclosed amount of new funding including debt — a nice boost for the company, which last raised funding in 2020 at a $1.5 billion valuation.

Crusoe Energy Systems, a Denver-based startup that builds data centers, has secured $11.6 billion in new debt and equity funding commitments for a massive new facility it’s building for AI giant OpenAI in Texas.

Q1 2025 was the strongest quarter for startup M&A dollar volume since 2021, totaling $71 billion in reported exit value globally, Crunchbase data shows.