Venture fell over 40% in hottest states, and NEA closes on $6.2B in funds - January 27, 2023

January 27, 2023 [Venture fell more than 40% in hottest states for funding]( Venture funding to the core states of the startup world — California, Massachusetts and New York — fell sharply last year from 2021’s lofty heights. Yes, that sounds bad, but those numbers still beat those states’ funding in 2020, and they still far outpace other states in venture capital. [Stripe may go public next year to address expiring shares]( Stripe has been around since 2010, and there are plenty of veteran employees holding stock units ready to expire. So what’s a payments decacorn to do? A 2024 IPO might be the answer. [Venture funding thrived in these 3 states last year]( While the holy trinity of venture funding — California, New York and Massachusetts — saw massive declines in funding during 2022, some states actually realized significant gains last year, according to Crunchbase data. We highlight the standouts. [NEA announces two new funds totaling $6.2B]( Venture giant New Enterprise Associates closed on $6.2 billion across two funds for early-stage investing and venture growth-stage opportunities. The funds’ sweet spots look to be a range of technology and health care sectors. [These were Europe’s leading investors in 2022, by stage]( The slowdown in 2022 for Europe was less drastic than other regions, down 25% while North America was down 36% by year end. So who were the most active investors in European startups last year? [Are SPACs back? Freightos gives it a shot]( After a serious drought in public listings during 2022, Israel-based Freightos made its Nasdaq debut Thursday via SPAC. The company aims to make booking large freight transport as streamlined as booking a flight. We talked with Freightos CEO Zvi Schreiber about the company’s plans. Crunchbase Pro: Searches and Lists Name Type Entries [Series A funding in the last 3 months]( Funding Rounds 578 [Transportation companies funded in the last 3 months]( Companies 105 [Recently closed companies that raised more than $50M]( Companies 336 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Onto]( [100M GBP]( / [Debt Financing]( Onto is an electric vehicle subscription startup that provides an all-inclusive, hassle-free solution for driving an electric car. Categories: Automotive • Electric Vehicle • GreenTech • Subscription Service • Transportation Founders: [Dannan O'Meachair]( [Rob Jolly]( Investors: [Caisse de Depot et Placement du Quebec]( (Lead), [Pollen Street Capital]( (Lead) [Jasper Therapeutics]( [$90M]( / [Post-IPO Equity]( Jasper Therapeutics is a biotechnology company that develops novel antibody therapies for stem cell transplants. Categories: Biotechnology • Health Care • Pharmaceutical • Therapeutics Founders: [Judith Shizuru M.D.]( [Susan Prohaska]( [Welcome to the Jungle]( [50M EUR]( / [Series C]( Welcome to the Jungle is a multichannel media and job board company that aims to inspire individuals to thrive in their professional lives. Categories: Advertising • Digital Media • E-Learning • Human Resources • Recruiting Founders: [Bertrand Uzeel]( [Jeremy Cledat]( Investors: [Blisce]( (Lead), [Bpifrance]( [Cipio Partners]( [+ 5 more]( More Fundings Company Amount / Round Lead Investor [Precision Neuroscience]( $41M / [Series B]( [Forepont Capital Partners]( [Crowdbotics]( $40M / [Series B]( [New Enterprise Associates]( [RapidDeploy]( $34M / [Series C]( [Edison Partners]( [Strata Identity]( $26M / [Series B]( [Telstra Ventures]( [AtomicJar]( $25M / [Series A]( [Insight Partners]( [Inscribe]( $25M / [Series B]( [Threshold]( [AMPECO]( $13M / [Series A]( [BMW i Ventures]( [All Recent Funding Activity]( Recent Acquisitions [Sri Mookambika Infosolutions Pvt Ltd]( Pending acquisition by [Happiest Minds Technologies]( for 1.1B INR Upcoming Tech Events [European Blockchain Convention 2023]( February 15 - 17, 2023 The most influential Blockchain event in Europe Accelerator Deadlines Date Accelerator Location Jan 31, 2023 [MedTech Innovator]( Los Angeles Feb 17, 2023 [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 © 2023 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.