Asia funding plummets, a new HR unicorn, crypto players eye M&As, and more - October 12, 2022

October 12, 2022 [Asia funding plummets in Q3]( Venture funding in Asia sank to its lowest level in 10 quarters as the region felt the full effects of the private market pullback. Investors slowed funding by 26% from second-quarter 2022 and by an astonishing 56% from the third quarter of last year. [Factorial hits unicorn status with $120M raise]( Human resource tech remains hot with investors. Spain-based Factorial raised a $120 million Series C led by Atomico, now valuing the company at $1 billion. [Web3 Weekly: Exchanges ready war chests for crypto winter]( This week in Web3 sees possible increased M&A activity for crypto ahead, despite the sector’s tumultuous year. Binance and Coinbase have both expressed a willingness to spend—will other big crypto players follow their lead? [LGBTQIA+ healthtech startup FOLX raises $30M]( FOLX Health, a telehealth platform for the LGBTQIA+ community, is one of a few startups entering a market for queer health care. The Boston startup raised a $30 million round led by 7wire Ventures. [Soli Organic harvests $125M raise]( Indoor farming startup Soli Organic announced a $125 million Series D round led by CDPQ. The funding will help Soli scale its process of using soil and precision fertilizer to grow its herbs and leafy greens. [Cybersecurity funding continues slide in Q3]( For the fourth straight quarter, funding to VC-backed cybersecurity startups decreased—as even one of the most resilient industries showed it is not immune to the venture capital pullback. The recently ended third quarter saw only $2.6 billion go to startups in cyber, the lowest total since the same quarter in 2020, according to Crunchbase data. [Active investor ranks shift in Q3 as Tiger, SoftBank scale back]( The past few months have brought significant shifts in the ranks of the most active global investors. SoftBank Vision Fund and Tiger Global—the two firms that used to regularly top our most active and spendiest venture investor rankings—cut back sharply in the third quarter. Check out who led in Q3. [Sales lead qualification: A step-by-step guide]( Successful sales qualification takes quality research and timely outreach, especially as circumstances, priorities, and timelines change. The good news is, there are plenty of frameworks, strategies, and tools that can make your life easier. Find everything you need to know to start qualifying leads faster using the tips and tricks in our step-by-step guide. [Enhance Your Sales Team’s Prospecting]( [Crunchbase Enterprise is an all-in-one prospecting solution. Download this product overview sheet to learn how to close more deals without the headache.]( [Download Now]( Crunchbase Pro: Searches and Lists Name Type Entries [Big data and analytics acquisitions in the past year]( Acquisitions 966 [Female founded fashion startups]( Companies 967 [Investments in photography companies in the last 3 years]( Funding Rounds 296 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Factorial]( [$120M]( / [Series C]( Factorial is a human resources company offering solutions that automate human resource processes. Categories: B2B • Human Resources • Productivity Tools • Software Founders: [Bernat Farrero]( [Jordi Romero]( [Pau Ramon]( Investors: [Atomico]( (Lead), [Creandum]( [CRV]( [+ 3 more]( [immatics biotechnologies]( [$110M]( / [Post-IPO Equity]( immatics is a biopharmaceutical company focused on the development of immunotherapeutic substances for cancer therapy. Categories: Biotechnology • Medical • Therapeutics Founders: [Hans Rammensee]( [Harpreet Singh]( [Steffen Walter]( Investors: [683 CAPITAL]( [Armistice Capital]( [Dellora Investments]( [+ 9 more]( [PROCEPT BioRobotics]( [$52M]( / [Post-IPO Debt]( PROCEPT BioRobotics is a surgical robotics company that develops water-based robotic systems for prostate surgery. Categories: Health Care • Manufacturing • Medical Device • Robotics Founders: [Dr. Nikolai Aljuri]( [Rodney Perkins]( Investors: [CIBC Innovation Banking]( (Lead) More Fundings Company Amount / Round Lead Investor [CrowdStreet]( $43M / [Series D]( [Cypress Equities]( [Foodology]( $30M / [Debt Financing]( [TriplePoint Capital]( [Trendsi]( $25M / [Series A]( [Lightspeed Venture Partners]( [Foodology]( $20M / [Series B]( [Andreessen Horowitz]( [HomeLane]( 180M INR / [Debt Financing]( [Stride Ventures]( [SRTX]( $1.0M / [Grant]( [Startup World Cup]( [CrowdStreet]( Unknown / [Debt Financing]( - [ALAMI]( Unknown / [Series B]( [East Ventures]( [Universal Hydrogen]( Unknown / [Corporate Round]( [American Airlines]( [All Recent Funding Activity]( Recent Acquisitions [Vistaar Finance]( Pending acquisition by [Warburg Pincus]( for $150M More Acquisitions Company Acquired By Amount [Luwjistik]( [Shippit]( 18M AUD [All Recent Acquisition Activity]( Upcoming Tech Events [Tejano Tech Summit 2022]( October 14 - 15, 2022 in Houston Tejano Tech Summit 2022 is a two-day program that supports and fosters the Latino technology ecosystem. 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