There’s a new $100 billion unicorn in town, the week’s 10 biggest funding rounds get smaller, and more - May 9, 2022

May 9, 2022 [The Unicorn Report: There’s a new $100 billion unicorn in town]( Last month, 34 new unicorn companies joined [The Crunchbase Unicorn Board]( collectively adding $56 billion in value to the board and $10 billion in equity funding raised. But another company already on the board added another $100 billion in value all by itself, suddenly landing in third place on our list of the most highly valued startups in the world. [The week’s 10 biggest funding rounds get smaller]( The much talked about investor pullback seems very real. Case in point: Five of the top 10 funding deals on our list this week each raised $100 million or less. That would never have happened five months ago. [When you take VC money, the clock starts ticking]( There are good times to take on venture capital and there are times when you might just be too early and bootstrapping makes the most sense, writes Tuesday Capital partner Prashant Fonseka. [The Lead List: 13 hot companies to sell to in May]( Imagine how much your deal size could grow if you sold into startups like Rivian or Snowflake before they became multibillion-dollar companies with splashy, lucrative IPOs. In the first edition of our new monthly series The Lead List, we analyze key buy signals from up-and-coming companies that are ripe for sales outreach. [Global VC funding dipped in April, but it wasn’t a nosedive]( Global venture funding totaled $47 billion in April 2022—the lowest amount invested in private companies in the past 12 months—based on an analysis of Crunchbase data. While the dip isn’t massive, it does signal that the slowdown we saw in the first quarter of this year is the start of a longer-term shift in funding, particularly at late stage. [Big deals are happening, but startup M&A may face a reset]( With the IPO market in deep-freeze and tech valuations seeing their sharpest downward revisions in years, can we expect M&A to slow down? Likely not. We dig into the data. [The Emerging Unicorn Board: Meet the next billion-dollar startups]( [The Crunchbase Emerging Unicorn Board]( is a curated list powered by Crunchbase’s data of fast-growth private companies that are on the path to achieve unicorn valuations. We have more than 300 companies on the list so far that are on the cusp of billion-dollar valuations. See who they are and help us identify other emerging unicorns for our new list. [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Crunchbase Pro: Searches and Lists Name Type Entries [Recently funded virtual and augmented reality companies]( Companies 320 [Investments in autonomous vehicles companies in the last year]( Funding Rounds 199 [Privacy and security investments in the past year]( Funding Rounds 1161 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Funko]( [$263M]( / [Post-IPO Secondary]( Funko provides branded pop culture products to a diverse range of consumers and retail channels. Categories: Art • Collectibles • Toys Founders: [Mike Becker]( Investors: [eBay]( [Rich Paul]( [Robert Iger]( [+ 1 more]( [SimpliSafe]( [$200M]( / [Debt Financing]( SimpliSafe is a home security company that designs, engineers, and sells wireless security alarm systems, cameras, and services. Categories: Consumer Electronics • Security • Sensor • Smart Home Founders: [Chad Laurans]( [Eleanor Laurans]( Investors: [Capital One]( [Eastern Bank]( [HPS Investment Partners]( [+ 1 more]( [Material Bank]( [$175M]( / [Series D]( Material Bank provides sample materials for design professionals and brands in the architecture and design industry. Categories: Architecture • Industrial Design • Interior Design • Retail Founders: [Adam Sandow]( Investors: [Brookfield Growth]( (Lead), [9Yards Capital]( [Bain Capital Ventures]( [+ 9 more]( More Fundings Company Amount / Round Lead Investor [Everstream]( 190M CAD / [Debt Financing]( [Caisse de Depot et Placement du Quebec]( [Absolute Foods]( $100M / [Series B]( - [Walnut]( $100M / [Debt Financing]( [Clear Haven Capital Management]( [Voyage Foods]( $36M / [Series A]( [Level One Fund]( [Walnut]( $10M / [Series A]( [Gradient Ventures]( [Pasarnow]( $9.5M / [Series A]( [East Ventures]( [iCIMS]( Unknown / [Secondary Market]( [TA Associates]( [Apex.AI]( Unknown / [Corporate Round]( [Daimler Truck]( [All Recent Funding Activity]( Recent Acquisitions [Silicon Motion Technology]( Pending acquisition by [MaxLinear]( for $3.8B More Acquisitions Company Acquired By Amount [Magellan Rx Management]( [Prime Therapeutics]( $1.4B [All Recent Acquisition Activity]( Upcoming Tech Events Accelerator Deadlines Date Accelerator Location Mar 16, 2023 [Novotech]( Sydney May 1, 2023 [ORLEN Skylight accelerator]( Unknown [More Upcoming Deadlines]( Don’t see your event? 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