Israeli political turmoil rattles tech sector, March 9, 2023

Plus, top investors return for encore, Salesforce VCs chase AI, and more March 9, 2023 [Israeli startups question future amid political turmoil]( Tech leaders are alarmed about Prime Minister [Benjamin Netanyahu]( proposed reforms, which have not only triggered widespread protests, but also raised questions about the future of the country’s technology industry. [Founders Fund’s investment pace slowed ahead of fund cut]( The venture world took note late last week as news broke that San Francisco-based [Founders Fund]( will cut the size of its $1.9 billion venture fund by about half. But the highly recognized firm had already been significantly slowing the pace of its dealmaking, according to an analysis of Crunchbase data. [Fast-fashion giant Shein may go public this year]( During the IPO gold rush of 2021, lofty unicorns like [Shein]( and [Stripe]( raised fresh rounds of funding. Bursting at the seams with money, they resisted going public. It looks like that’s starting to change as retailer Shein reportedly eyes plans to go public. [SaaS startup Consensus nabs Utah’s largest round this year]( Demo automation firm [Consensus]( locked up a fresh $110 million round — the largest raised by any VC-backed startup in Utah to date. The round is also one of the larger in the lagging SaaS sector. [New low: Global monthly funding dips below $20B]( Global monthly funding fell to $18 billion in February 2023. Not since February 2020 has global funding dipped below $20 billion in a single month. Meanwhile, funds continue to raise record amounts. What gives? [January’s top investors lead February pack]( Last month, just two firms participated in more than 10 announced rounds — [Y Combinator]( and [Gaingels](. And this pair led in February as well, with Y Combinator taking part in 12 deals and Gaingels weighing in with 10. Still, those deal numbers look a bit low compared to the heady days of February 2022. [The Crunchbase 2023 Influential Women in Sales List]( These 35 influential women in sales are leaders, innovators and changemakers in the industry. Celebrate Women’s History Month by learning about their impact in sales and beyond. [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 [Investments in electric vehicle companies in the past year]( Funding Rounds 292 [ICOs Raising More Than $25M]( Funding Rounds 117 [Funded auto insurance companies]( Companies 41 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Texas Instruments]( [$1.4B]( / [Post-IPO Debt]( Texas Instruments is a global semiconductor company that manufactures, designs, tests, and sells embedded and analog processing chips. Categories: Computer • DSP • Semiconductor Founders: [Cecil Howard Green]( [Eugene McDermott]( [J. Erik Jonsson]( [Patrick E. Haggerty]( [Rivian]( [$1.3B]( / [Convertible Note]( Rivian is an electric vehicle manufacturer. Categories: Automotive • Electric Vehicle • Manufacturing • Transportation Founders: [Robert J. Scaringe]( [Origis Energy]( [$750M]( / [Debt Financing]( Origis Energy is a solar development and construction firm that provides clean solar and energy storage solutions. Categories: Clean Energy • Energy • Renewable Energy • Solar Founders: [Guy Vanderhaegen]( Investors: [First Citizens Bank]( (Lead), [Keybank]( [Natixis]( [+ 3 more]( More Fundings Company Amount / Round Lead Investor [Amelia]( $175M / [Private Equity Round]( - [Consensus]( $110M / [Series C]( [Sumeru Equity Partners]( [Threecolts]( 75M GBP / [Series A]( [Crossbeam Venture Partners]( [The Believer Company]( $55M / [Series A]( [Lightspeed Venture Partners]( [Overhaul]( $38M / [Venture Round]( [Edison Partners]( [Overhaul]( $35M / [Debt Financing]( [Stifel Financial]( [Droit]( $23M / [Series B]( [Pivot Investment Partners]( [Cohere]( Unknown / [Venture Round]( [Salesforce Ventures]( [All Recent Funding Activity]( Recent Acquisitions [iMedia]( Pending acquisition by [Catcha Digital]( for 44M MYR More Acquisitions Company Acquired By Amount [FS Medical Technology]( [BeaconMedaes]( Unknown [All Recent Acquisition Activity]( #{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.