Tech Layoffs: US Companies With Job Cuts In and 2023 and 2024
Nov 8, 2024 · By the numbers. Layoffs during the week ended Nov. 8, 2024: At least 1,391 U.S. tech sector employees were laid off or scheduled for layoffs, per a Crunchbase News tally. In 2024: At least 92,466 workers at U.S.-based tech companies have lost their jobs so far in the year, according to a Crunchbase News tally. In 2023: More than 191,000 workers ...
Running The Numbers on Y Combinator’s Best Year Yet
Dec 14, 2020 · This has been by far the best year yet for Y Combinator, the prestigious Silicon Valley startup accelerator, with two of its biggest portfolio companies debuting on the public markets and the largest acquisition ever of one of its alumni.. Subscribe to the Crunchbase Daily. This year also marks the beginning of a new era for YC, as the program is commonly known, that could see twice as many of ...
ClearMotion Smooths Path To Commercialization With $115M For …
Jan 9, 2019 · ClearMotion Inc., a startup focused on giving people a smoother driving experience, has closed on a $115 million Series D. The funding brings the Boston-based company’s total capital raised to nearly $270 million since its inception in 2009, according to CEO and co-founder Shakeel Avadhany.In a press release, ClearMotion said the financing was in the form of preferred stock, and led by ...
Virgin Hyperloop One Closes Majority Of $225 Million Funding …
May 14, 2019 · A February 2019 New York Times profile of Virgin Hyperloop One said the company has raised $295 million; it’s unclear whether any part of the fundraise disclosed today is included in that sum. The company isn’t alone in the race to build hyperloop tech. Hyperloop Transportation Technologies, also based in Los Angeles, has raised over $30 ...
Layoffs Archives - Crunchbase News
Nov 1, 2024 · The Crunchbase Tech Layoffs Tracker. More than 191,000 workers at U.S.-based tech companies were laid off in mass job cuts in 2023, per a Crunchbase News tally, and the cuts have continued into 2024. See who the latest companies are to cut roles. Fintech & e-commerce • Layoffs • Startups • Venture.
Astranis Aims For The Stars With New $200M Round - Crunchbase …
Jul 24, 2024 · Chris Metinko. Space startup Astranis raised a fresh $200 million round to build out its Omega satellite program. The new round was co-led by Andreessen Horowitz and Bam Elevate, along with participation from the likes of Baillie Gifford, BlackRock and Fidelity. Founded in 2015, Astranis has raised more than $750 million, per the company.
Business Archives - Crunchbase News
Oct 21, 2024 · 4 Areas Where Seed Funding Is Strong, From AI Assistants To Carbon Capturers. Funding activity shows especially heavy enthusiasm around artificial intelligence, with roughly a third of funding in our sample set going to AI-related companies. Artificial intelligence • Business • Clean tech and energy • Health, Wellness & Biotech • Travel ...
AI Startup World Labs Launches With $230M From Andreessen …
Sep 13, 2024 · Chris Metinko. Spatial intelligence AI startup World Labs launched Friday with more than $230 million in total funding. The funding was co-led by Andreessen Horowitz, NEA and Radical Ventures. Other investors include Marc Benioff, Ashton Kutcher, Adobe Ventures, AMD Ventures, Databricks Ventures and NVentures, the venture capital arm of Nvidia.
Global Funding Slowed In Q3, Even As AI Continued To Lead
Oct 3, 2024 · Global venture funding in the third quarter of 2024 reached $66.5 billion, Crunchbase data shows. That’s down 16% quarter over quarter and 15% year over year from the $78 billion invested in Q3 2023. We are now nine or 10 quarters into the current startup funding decline. This past quarter was the second below the $70 billion mark since the ...
Vercel’s Valuation Jumps To $3.25B After $250M Series E
May 16, 2024 · The big rounds just keep coming this week. Vercel, a platform that allows companies to develop web applications in the cloud, locked up a $250 million Series E at a valuation of $3.25 billion.There have been eight rounds this week of at least $100 million to U.S.-based startups. The round was led by Accel, with participation from other existing investors including CRV, GV, Notable Capital ...