Record heat waves and cold fronts help fuel HVAC sector startup funding and more - August 11, 2022

August 11, 2022 [Startups tackle keeping cool (or warm) without heating the planet]( Startups funded over the past couple years with a focus on energy-efficient heating and cooling have collectively raised over $1.1 billion. We take a look at this sector as the world struggles this summer with record-setting high temperatures. [Can you repeat that? Medical transcription startup Abridge gets funding]( AI-centered medical transcription startup Abridge has secured a $12.5 million Series A-1 led by Wittington Ventures. Although not a huge amount of funding, the dollars will advance the startup’s interesting enterprise-focused documentation solutions. [Y Combinator, Elevate Ventures and a16z led July’s slow investment]( While July’s list of most active investors in the U.S. includes familiar names such as Y Combinator and Andreessen Horowitz, some of the other large firms that normally populate this list seemed to take the long summer month off. Big-name firms such as Tiger Global, Insight Partners, General Catalyst, Accel and Sequoia Capital all were significantly lower on the list than normal. [Meet the 14 new unicorns that joined the board in July]( Web3 startups lead this small but mighty cohort of new unicorns on [The Crunchbase Unicorn Board]( followed by finance and health care. We break down the newest additions by industry and amount raised. [Why SoftBank’s mea culpa is a rarity among investors]( It took a $22.7 billion loss to do it, but SoftBank’s CEO offered a rare “oops, my bad” among the startup investment world. But SoftBank wasn’t the only one to turn “somewhat delirious” during the heady days of Uber and WeWork. Why do so few investors admit to their bad bets? [5 startup deals in July you may have missed]( July has come and gone, and there were a few interesting rounds that may have flown under the radar as everyone tried to beat the heat. Here are some startup deals of note that may have been overlooked last month. [Will we see more startups offering abortion pills?]( How this summer’s Supreme Court ruling overturning Roe v. Wade will or won’t impact abortion pill providers continues to be in muddy regulatory waters. In the meantime, existing digital health companies could expand their offerings to include abortion pills. We take a look. [What is Crunchbase’s rank and trend score?]( For salespeople, it’s imperative to prioritize the right prospects. Crunchbase’s rank and trend scores are designed to surface the companies you need to know about and help you identify the perfect time to reach out. [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 [Catalonia based companies raised more than $1M]( Companies 303 [Prominent Female Investors]( Investors 1527 [Acquisitions by Square]( Acquisitions 21 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [CleverTap]( [$105M]( / [Series D]( CleverTap helps digital brands increase user retention and lifetime value with the help of data, personalization, deep-tech, and automation Categories: Analytics • Marketing Automation • Mobile • Real Time • SaaS Founders: [Anand Jain]( [Sunil Thomas]( [Suresh Kondamudi]( Investors: [Caisse de Depot et Placement du Quebec]( (Lead), [IIFL Asset Management]( [Recruit Holdings]( [+ 2 more]( [Bevi]( [$70M]( / [Series D]( Bevi develops a smart water dispenser that customizes flavored and sparkling beverages on demand. Categories: Food and Beverage • GreenTech • Hardware • Internet of Things Founders: [Eliza Becton]( [Frank Lee]( [Sean Grundy]( Investors: [Cowen Group]( (Lead) [NVIDIA]( [$65M]( / [Post-IPO Equity]( NVIDIA is a computing platform company operating at the intersection of graphics, HPC, and AI. Categories: Artificial Intelligence • GPU • Hardware • Software • Virtual Reality Founders: [Chris Malachowsky]( [Curtis Priem]( [Jensen Huang]( Investors: [ARK Investment Management]( (Lead) More Fundings Company Amount / Round Lead Investor [Truework]( $50M / [Series C]( [G Squared]( [Nightfall AI]( $40M / [Series B]( [Westbridge Capital]( [Oliver Space]( $36M / [Series B]( [Union Grove Venture Partners]( [Prellis Biologics]( $35M / [Series C]( [Avidity Partners]( [FullStory]( $25M / [Venture Round]( - [Swvl]( $20M / [Post-IPO Equity]( - [Bigspoon]( 1.0B INR / [Series A]( [Indian Angel Network]( [All Recent Funding Activity]( Recent Acquisitions [IGY Marinas]( Pending acquisition by [MarineMax]( for $480M More Acquisitions Company Acquired By Amount [Metrics Contract Services]( [Catalent Pharma Solutions]( $475M [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. 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