Meet the new Crunchbase Web3 Tracker, July funding drops, the month’s top 10 rounds, and more - August 4, 2022

August 4, 2022 [Announcing the launch of The Crunchbase Web3 Tracker]( While most hear the term Web3 and just think of crypto, the still somewhat vaguely defined term has the potential to mean so much more. That’s why we are launching [The Crunchbase Web3 Tracker]( as a one-stop shop for what’s happening in the world of Web3—from funding news to the latest startups powering its buildout to the hottest trends in crypto. [Still falling: July funding drops again after a stronger June]( Global venture funding plummeted in July as investors continued to shift their attention from late-stage to early-stage companies while investing fewer dollars in both. July 2022 funding reached nearly $28 billion, a drop of 34% month over month from $42 billion in June, Crunchbase data shows. And funding is down 56% from $63 billion in July 2021. [These are the leading states for non-software startups]( We set out to explore a different kind of geographic funding analysis: One that separates companies in remote-work-leaning sectors from more infrastructure-heavy industries. Broadly, we call it “non-software startups” and “software startups.” Here’s what we found. [The 10 biggest rounds of July]( Startups in or adjacent to the cleantech space took the top two rounds of July, as investors continue to see value in the energy sector with prices rising. Despite the slowdown in venture, the month also saw five rounds of a quarter-billion dollars or more go to U.S.-based startups—so it clearly is still possible to raise big money. [Binance co-founder takes over VC reins]( Binance co-founder Yi He will take over as head of the crypto exchange giant’s VC arm and incubator Binance Labs. The move comes after Bill Chin left earlier this year, and amidst rocky times in the crypto market and in venture funding. [Thoma Bravo to acquire Ping Identity for $2.8B]( Thoma Bravo is acquiring Ping Identity for $2.8 billion and taking the company private. Ping is one of a handful of tech and tech-adjacent companies that went public in recent years and are now being acquired. [Sironax raises $200M for age-related diseases]( Beijing-based biotech firm Sironax has raised $200 million in Series B funding to study age-related degenerative diseases. [Debt numbers tick up as VC market slows]( U.S. venture-backed startups are raising a little more debt this year as VCs rein in on funding and market woes persist. These days, the big word is “runway” and more startups seem to be looking for non-dilutive funding to buy some time. [IPO flashback to brighter bell-ringing days]( Remember IPOs? Those were fun days. As the IPO summer drought drags on, we fondly remember our favorite opening bells. These five companies found creative ways to ring out the good news virtually, around the world and even in the metaverse. [5 reasons your startup needs an SDR]( Sales is one of the most important aspects of any business, but it can be challenging for startup companies to invest in sales initiatives. Despite these challenges, there are a number of things startup owners can do to improve their chances of generating sales. Here are 5 reasons your startup needs an SDR and how to recruit one. [Crunchbase Raises $50M Series D]( [With this funding, Crunchbase will advance its powerful account-based prospecting platform to help more deal-makers build pipeline and grow revenue efficiently]( [LEARN MORE]( Crunchbase Pro: Searches and Lists Name Type Entries [Funded smart home companies]( Organizations 559 [Companies acquired by Cisco]( Acquisitions 236 [Art companies with $25M+ funding]( Companies 21 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Parafin]( [$150M]( / [Debt Financing]( Parafin is a FinTech startup that helps small businesses fill their cash flow needs, invest in their growth, and run their business. Categories: Financial Services • FinTech • Infrastructure • Marketplace • Small and Medium Businesses Founders: [Ralph Furman]( [Sahill Poddar]( [Vineet Goel]( Investors: [Atalaya Capital]( [Jefferies Financial Group]( [tabby]( [$150M]( / [Debt Financing]( Tabby is a buy now, pay later company that allows consumers to shop and pay in 4 installments at no cost. Categories: Billing • Finance • Financial Services • Payments Founders: [Daniil Barkalov]( [Hosam Arab]( Investors: [Atalaya Capital]( (Lead), [Partners for Growth]( (Lead) [Marathon Digital]( [$100M]( / [Post-IPO Debt]( Marathon is a digital asset technology company that mines cryptocurrencies and focuses on securing and supporting the Bitcoin ecosystem. Categories: Bitcoin • Blockchain • Cryptocurrency • FinTech Founders: [Merrick Okamoto]( Investors: [Silvergate Bank]( (Lead) More Fundings Company Amount / Round Lead Investor [Aisera]( $90M / [Series D]( [Goldman Sachs]( [IDnow]( 60M EUR / [Debt Financing]( [BlackRock]( [Parafin]( $60M / [Series B]( [GIC]( [Savana]( $35M / [Series A]( [Georgian]( [Sprig]( $30M / [Series C]( - [WebEngage]( $20M / [Series B]( [Singularity Growth Opportunities Fund]( [Savana]( $10M / [Debt Financing]( - [CredAble]( 550M INR / [Corporate Round]( [Axis Bank]( [Penfold]( 1.9M GBP / [Equity Crowdfunding]( - [All Recent Funding Activity]( Recent Acquisitions [Ping Identity]( Pending acquisition by [Thoma Bravo]( for $2.8B More Acquisitions Company Acquired By Amount [Sierra Wireless]( [Semtech]( $1.2B [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. 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