SoftBank was already slowing, our tech lay off analysis, a crypto winter approaches, and more - June 16, 2022

June 16, 2022 [SoftBank’s Vision Fund deals show slowing pace, smaller rounds]( When SoftBank announced last month it will take a more conservative approach to selecting investments, it was another warning shot that the high times of 2021 are over for venture capital. However, SoftBank was slowing its investing even before the declaration—at least in terms of the size of the rounds it participated in, if not the number, according to Crunchbase data. [What’s going on with tech layoffs? Late-stage startups hit hardest]( In the brutal sweep of layoffs hitting U.S.-based tech companies this year, late-stage startups have fared the worst, according to a Crunchbase News analysis of [aggregated layoff data](. We share other insights from the recent layoff trend. [Mergers & Money: As summer approaches, crypto winter looms]( Things are so bad in the crypto world right now that even when the industry gets a small taste of good news, it’s followed by a heaping spoonful of real-life medicine. We break down the latest happenings in the industry from regulation to layoffs. [Big valuations aren’t dead as DataStax raises $115M]( Large rounds and large valuations are still happening in the venture world. Santa Clara, California-based data company DataStax locked up a $115 million round led by the growth equity business within Goldman Sachs Asset Management that values the company at $1.6 billion. [PostScript raises $65M for SMS marketing]( SMS marketing startup PostScript has raised $65 million in a Series C round of funding. PostScript, launched in 2019, helps Shopify retailers reach their customers via text. The company now works with more than 8,000 brands on Shopify, including Brooklinen and Kopari. [Tiger Global’s startup business still strong despite bear market]( Although Tiger Global’s hedge fund has taken a beating, its private equity practice—which invests in the startup ecosystem and last year overtook its hedge fund business in size—is proving much more resilient to the downturn. We look at the investment record for the New York-based firm. [The Lead List: 15 hot companies to sell to in June]( In May, 15 high-growth startups closed on fresh funding and were added to the Crunchbase Emerging Unicorn Board. In the latest edition of The Lead List, we’ll take a look at these newly minted emerging unicorns and equip you with all the information you need to sell to them in June. Limited-Time Promo Close out the quarter strong with Crunchbase Pro - now 20% off with code CLOSEOUTQ2 [Redeem Offer]( [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 [Investments in 3d printing companies in the past 2 years]( Funding Rounds 257 [Big data and analytics acquisitions in the past year]( Acquisitions 966 [Companies which raised over $100M in the last 3 months]( Funding Rounds 468 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [SpaceX]( [$1.7B]( / [Venture Round]( SpaceX is an aviation and aerospace company focusing on reducing costs associated with space travel. Categories: Aerospace • Manufacturing • Space Travel • Transportation Founders: [Elon Musk]( [Invoca]( [$83M]( / [Series F]( Invoca specializes in the fields of inbound call marketing, call tracking, call intelligence, and pay-per-call advertising. Categories: Advertising • Analytics • Artificial Intelligence • Digital Marketing • Telecommunications Founders: [Colin Kelley]( [Jason Spievak]( [Robert Duva]( Investors: [Silver Lake Waterman]( (Lead), [Accel]( [Fenwick & West]( [+ 5 more]( [Proximie]( [$80M]( / [Series C]( Proximie is a health technology platform that enables surgeons to virtually attend operating theaters to visually guide complex surgeries. Categories: Augmented Reality • Collaboration • Health Care • Medical Founders: [Nadine Haram]( Investors: [Advent Life Sciences]( (Lead), [British Patient Capital]( [Eight Roads Ventures]( [+ 8 more]( More Fundings Company Amount / Round Lead Investor [Habi]( $75M / [Debt Financing]( - [Performio]( $75M / [Private Equity Round]( [JMI Equity]( [TestGorilla]( $70M / [Series A]( [Atomico]( [Allica Bank]( 30M GBP / [Debt Financing]( [British Business Investments]( [Allica Bank]( 25M GBP / [Venture Round]( - [Platform9]( $26M / [Venture Round]( [Celesta Capital]( [Arkestro]( $26M / [Series A]( [Construct Capital]( [Airbank]( $20M / [Series A]( [Molten Ventures]( [All Recent Funding Activity]( Recent Acquisitions [Chesmar Homes]( Pending acquisition by [Sekisui House]( for $514M More Acquisitions Company Acquired By Amount [Kappa Bioscience]( [Balchem]( 3.2B NOK [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. 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