Venture funding hits $42 billion in August, up 122% year-on-year
Startups landed $42 billion from venture investors worldwide in August, according to Crunchbase. That’s 122% more than last August but down 25% from July’s $56 billion. Seven companies scored deals of $1 billion or more—Databricks led with a $5 billion round at a $190 billion valuation. IPOs and acquisitions also kept pace, including Unitree Robotics’ $9 billion debut and Nvidia’s planned $12.9 billion Hugging Face buy.
- $42 billion invested globally in over 1,500 startups
- Databricks raised $5 billion at $190 billion valuation
- Seven startups got $1B-plus rounds in August
- Unitree Robotics IPO soared 460% on debut
- Nvidia plans to buy Hugging Face for $12.9 billion
Sources covering this
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