Battery Ventures slows charge in 2022, startups literally addressing noise, and more - August 19, 2022

August 19, 2022 [Battery Ventures scales back investments in 2022]( After a busy year of investing in 2021, Boston-based Battery Ventures seems to be recharging this year. The nearly 40-year-old firm has invested in more than 450 companies since being founded. But despite a new fund, Battery, like many VC firms this year, has seemingly been much slower to deploy its money than in the heydays of last year, according to Crunchbase data. [The startups making the world a quieter place, literally]( Humans and our devices are loud, but fortunately there are a handful of startups addressing that. Per Crunchbase data, we found several startups in the “noise” business. The focus areas range from tools to block conversational background sounds to noise monitoring devices to digitally creating “quiet bubbles” in the physical world. [Silicon Foundry CEO on launching a corporate VC arm]( Silicon Foundry’s CEO Neal Hansch shares tips on how to pursue launching a successful corporate venture capital arm. [Tether names new accounting firm to verify stablecoin’s stability]( Tether has announced auditing accounting firm BDO Italia to verify its reserves that supports its USDT stablecoin, the world’s largest stablecoin. [Motivo Health raises $14M to tackle therapist shortage]( Atlanta-based Motivo, a platform that matches therapists with clinical supervisors, has raised a $14 million Series A led by Cox Enterprises. [Biotech sector no longer the startup darling post-COVID]( After basking in two years of record-high investments, the biotech sector is experiencing what amounts to economic whiplash as investors leave the space and longtime venture firms turn down the funding tap. Now, investors and startups are navigating a new world of plummeting valuations, down rounds and less-than-ideal exit strategies. [Mergers & Money: Is crypto a security or commodity?]( Last month, the U.S. Securities and Exchange Commission filed an insider trading case against a Coinbase manager and two others who declared nine digital assets on the exchange platform were securities. Why does that matter? Because it made what was murky even more opaque in terms of how the U.S. will categorize crypto and which agency will regulate it. [Come to Miami! Or, stay put and collect a paycheck]( Among cities seeing the highest growth in startup funding, Miami is truly having its moment in the sun. Up-and-comers with headquarters in the city include MoonPay, Yuga Labs and Recurrent Ventures. But none of these require employees to actually show up for work at their Miami headquarters. We look at what that means for the city’s booming tech scene. [5 reasons you need a free Crunchbase account]( A free Crunchbase account allows you to make more informed business decisions with Crunchbase’s best-in-class data and actionable insights about the companies you care about the most. Here are 5 reasons why you need a free Crunchbase account. [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 [Travel companies funded in the last 6 months]( Companies 157 [Celebrities in Crunchbase]( Identifiers 521 [Recently funded baby startups]( Companies 30 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [ReNew Power]( [$1.0B]( / [Post-IPO Debt]( ReNew Power is a renewable energy company that focuses on wind-energy projects. Categories: Clean Energy • Energy • Renewable Energy • Solar • Wind Energy Founders: [Sumant Sinha]( Investors: [Rabobank]( (Lead) [DriveNets]( [$262M]( / [Series C]( DriveNets is a networking company that provides software-based routing solutions. Categories: Cloud Data Services • Cloud Infrastructure • Network Hardware • Software Founders: [Hillel Kobrinsky]( [Ido Susan]( Investors: [D2 Investments]( (Lead), [Atreides Management]( [Bessemer Venture Partners]( [+ 3 more]( [Mavenir]( [$95M]( / [Post-IPO Debt]( Mavenir engages in accelerating software network transformation for communications service providers and enterprises. Categories: Cloud Infrastructure • Communications Infrastructure • Software • Telecommunications Founders: [Pulin Patel]( [Rashad Ali]( More Fundings Company Amount / Round Lead Investor [Incredible Health]( $80M / [Series B]( [Base10 Partners]( [Shiprocket]( 2.6B INR / [Series E]( [Lightrock]( [Jar]( $23M / [Series B]( [Tiger Global Management]( [Fractional]( $20M / [Series A]( [Paradigm]( [Phyllo]( $15M / [Series A]( [RTP Global]( [Quotabook]( $11M / [Series A]( [Elefund]( [Rusk Media]( $9.5M / [Series A]( [Audacity Venture Capital]( [All Recent Funding Activity]( Recent Acquisitions [Nexif Energy Management Pte. Ltd.]( Pending acquisition by [RATCH GROUP]( for $605M More Acquisitions Company Acquired By Amount [Genome Diagnostics]( [Eurobio-Scientific]( 135M EUR [All Recent Acquisition Activity]( Upcoming Tech Events [Coinfest Asia]( August 25 - 26, 2022 in Bali Coinfest Asia is an industry event focused on the future of cryptocurrency and web3. Accelerator Deadlines Date Accelerator Location Aug 19, 2022 [Suffolk Technologies]( Boston Aug 31, 2022 [SkyDeck Berkeley]( Berkeley [More Upcoming Deadlines]( Don’t see your event? Reach out to us at events@crunchbase.com. #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104 © 2022 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.