Series B funding stays strong, Accel’s deal size shrinks, and more - June 23, 2022

June 23, 2022 [Here’s one un-bearish indicator: Series B is holding up]( So far in 2022, investors have poured a bit over $24 billion into Series B deals, per Crunchbase data. That’s higher than the full-year total for three of the past five calendar years. It’s particularly significant if, like us, you see Series B as a barometer for confidence levels across the startup ecosystem. [Accel’s deal size shrinks as venture market pullback continues]( Known for its early investments in companies including Meta, Slack and Atlassian, Accel owns its reputation for placing big bets on transformational technologies and innovation. But while the firm’s recent dealmaking has been consistent, the total dollar amounts of those investments reveals it’s not immune to market bumpiness. [Electric Hydrogen powers up with $198M raise]( Clean energy and decarbonization are buzzwords everywhere right now, as energy prices start to rise and folks take note of climate change. The venture capital world seems no different. Boston-based Electric Hydrogen closed a $198 million Series B—a mix of equity and venture debt—led by Fifth Wall Climate Tech. [5 things to know about former Theranos exec Sunny Balwani]( With former Theranos Chief Operating Officer Ramesh “Sunny” Balwani’s fraud trial coming to a close, we looked at some key points about the executive. [AgriTech startups empower farmers, address climate change]( The essential equipment of the modern farmer is rapidly expanding beyond traditional implements. Most important of all these new tools is AI. [The tech companies that cut jobs in the past week]( Several more U.S. tech companies laid off staff in the past week, as both startups and large public companies trim their workforces to counter market challenges. We’re keeping track with our continuously updated database of job cuts, which now has more than 21,000 layoffs since the start of the year. [Travel demand is up, but what about funding to the sector?]( For the first time since the COVID-19 pandemic began more than two years ago, travel spending surpassed 2019 levels in April 2022. But that doesn’t necessarily mean venture investment in travel companies is keeping up, especially with a recession looming. We take a look at the data. [15 best Google Chrome extensions for sales reps in 2022]( Being a successful salesperson starts with keeping yourself organized, and that can be a battle amidst sales calls, emails and meetings. The good news is, with Chrome extensions you can leverage sales tools to help you cut down on tedious and repetitive tasks. In this article, we’ve listed 15 of the best Chrome extensions for sales professionals that offer powerful shortcuts to help you stay on-task and streamline your sales workflow. 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 [Female founded companies that have raised a Series A in the last year]( Funding Rounds 595 [U.S.-based Furniture Startups]( Funding Rounds 158 [Companies acquired by Uber]( Acquisitions 13 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Stashfin]( [$200M]( / [Debt Financing]( StashFin is a neo-banking platform with a mission to deliver seamless, transparent, and efficient financial services to everyone. Categories: Apps • Banking • Finance • Financial Services • FinTech Founders: [Tushar Aggarwal]( [LeadSquared]( [12B INR]( / [Series C]( LeadSquared is a sales execution and marketing automation platform that allows businesses to track, nurture, and manage their leads. Categories: CRM • Lead Management • Marketing • SaaS • Sales Founders: [Anand Kumar]( [Nilesh Patel]( [Prashant Singh]( [Sudhakar Gorti]( [Sukhbir Kalsi]( Investors: [Westbridge Capital]( (Lead), [Gaja Capital]( [Magic Eden]( [$130M]( / [Series B]( Magic Eden is an NFT marketplace for users to discover, trade, and create NFTs. Categories: Cryptocurrency • Internet • Marketplace Founders: [Jack Lu]( [Sidney Zhang]( [Zhuojie Zhou]( [Zhuoxun Yin]( Investors: [Electric Capital]( (Lead), [Greylock]( (Lead), [Lightspeed Venture Partners]( [+ 2 more]( More Fundings Company Amount / Round Lead Investor [Openly]( $75M / [Series C]( [Advance Venture Partners]( [Stashfin]( $70M / [Series C]( [Abstract Ventures]( [CloudNC]( $45M / [Series B]( [Autodesk]( [Cyberint]( $40M / [Venture Round]( [Neva SGR]( [Huspy]( $37M / [Series A]( [Sequoia Capital India]( [LogRocket]( $25M / [Series C]( [Battery Ventures]( [POTLOC]( 25M CAD / [Series B]( [Investissement Quebec]( [Bardeen]( $15M / [Series A]( [Insight Partners]( [POTLOC]( 10M CAD / [Debt Financing]( [CIBC Innovation Banking]( [All Recent Funding Activity]( Recent Acquisitions [SPT Labtech]( Pending acquisition by [EQT]( for 650M GBP More Acquisitions Company Acquired By Amount [RADA Electronic Industries]( [Leonardo DRS]( $670M [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. 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