At its peak in Q3 2021, the average funding raised by a consumer internet startup stood at $59 Mn. The fall was steeper than expected in the following quarters, particularly in Q2 2022.
This week's funding deals (Dec 14–20) spotlighted several innovative startups across various industries, raising significant capital to fuel their growth.
For early-stage startups, however, your customers aren’t the only people you need to persuade. To grow, you need funding. Usually, this means you must prove yourself to venture capital investors.
Perplexity AI, an artificial intelligence startup building a search product to compete with Alphabet Inc.’s Google, has closed a $500 million round of funding that triples the company’s ...
With fewer VCs providing funding, fewer startups will be able to take their first mass-market breath. But entrepreneurs don’t stop being entrepreneurs just because there might be danger up ahead.
Elon Musk’s xAI is in talks with investors for a funding round that would value the artificial-intelligence startup around $40 billion, intensifying the competition among tech companies to ...