Why your capital costs could go up now that SVB is gone

Plus, the latest data on board gender diversity, and Alibaba’s breakup March 29, 2023 [Him For Her and Crunchbase release latest board gender diversity data]( The 2022 Study Of Gender Diversity On Private Company Boards encompasses the boards of 667 companies, which represent nearly $200 billion in funding and employ more than 265,000 people. We share our key findings here. [Private credit funds, banks will push hard to fill SVB’s role]( [Silicon Valley Bank]( outsized role in venture debt and lending will be taken over not just by a few smaller banks, but also likely will raise interest in many private credit funds — or shadow banks — and others that have eyed the industry for a while, say those in the venture world. [E-commerce giant Alibaba breaks up, but it’s OK]( After reigning as one company for 25 years, [Alibaba Group]( one of the world’s largest tech companies, will split into six different business groups. Each group will be managed by its own CEO and report to its own board and may seek out funding or individual IPOs, while Alibaba Group becomes a holding company. [Sam Bankman-Fried faces new charge for bribing Chinese officials]( Disgraced [FTX]( founder [Sam Bankman-Fried]( faces yet another charge as his legal troubles mount. U.S. prosecutors have disclosed an indictment against Bankman-Fried accusing him of paying approximately $40 million in a bribe to Chinese officials. [Survey says: Readers split on potential of AI, state of economy]( One quarter into 2023, and Crunchbase News readers are feeling slightly more upbeat compared to the beginning of the year. But plenty are also “confused,” “pessimistic” and even “scattered” when it comes to the outlook for their businesses and the economy, and almost half expect cost-cutting to continue. We dive into that, the outlook for AI’s impact in the office, and more, with our Q1 2023 reader survey results. [AI investor Deep Nishar of General Catalyst on the booming sector]( Venture capital firm [General Catalyst]( recently co-led the $350 million funding in [Adept AI]( a year-old company with a founding team that hails from [OpenAI]( and [Google]( Brain. We talked with General Catalyst’s [Deep Nishar]( about the future of AI and why it’s hot right now. [North Carolina’s Research Triangle could see a boost from SVB deal]( Among American startup hubs, North Carolina’s Research Triangle Region has long ranked as a solid producer of tech and life sciences companies. Silicon Valley, however, it’s not. But now, with Raleigh-based [First Citizens BancShares]( acquiring much of the remains of [Silicon Valley Bank]( the North Carolina region is positioned for a higher profile. [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 [2023 Funding To Venture-Backed Startups Based In China]( Funding Rounds 642 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Pioneer Natural Resources]( [$1.1B]( / [Post-IPO Debt]( Pioneer Natural Resources is an independent oil and gas exploration and production company. Categories: Mining • Mining Technology • Natural Resources • Oil and Gas Founders: [T. Boone Pickens]( [Isar Aerospace]( [$165M]( / [Series C]( Isar Aerospace provides access to space for small and medium satellites, enabling global satellite constellations. Categories: Aerospace • Information Technology • Space Travel Founders: [Daniel Metzler]( [Josef Fleischmann]( [Markus Brandl]( Investors: [7 Industries]( [Bayern Kapital]( [Earlybird Venture Capital]( [+ 6 more]( [Delcath Systems]( [$85M]( / [Post-IPO Equity]( Delcath Systems is an interventional oncology company that focuses on the treatment of metastatic liver cancer. Categories: Biotechnology • Health Care • Pharmaceutical Investors: [Vivo Capital]( (Lead), [BVF Partners]( [Logos Capital]( [+ 3 more]( More Fundings Company Amount / Round Lead Investor [Ranovus]( 36M CAD / [Grant]( [Strategic Innovation Fund (SIF)]( [Labviva]( $20M / [Series A]( [Biospring Partners]( [OQmented]( $20M / [Series A]( [Sharp]( [Carbon Neutral Royalty]( 25M CAD / [Venture Round]( [Beedie Capital Partners]( [SKUx]( $11M / [Series A]( - [Thermo Fisher Scientific]( $500K / [Grant]( [National Grid]( [Chartmetric]( Unknown / [Venture Round]( - [All Recent Funding Activity]( Recent Acquisitions [Aditya Birla Insurance Brokers]( Pending acquisition by [Edme Services]( for 4.5B INR More Acquisitions Company Acquired By Amount [Sciquip]( [Calibre Scientific]( Unknown [All Recent Acquisition Activity]( Upcoming Tech Events [START Summit 2023]( March 30 - 31, 2023 in Saint Gallen Biggest conference about entrepreneurship and technology in Europe Accelerator Deadlines Date Accelerator Location May 25, 2023 [Founder Friendly Labs]( Palo Alto Jun 4, 2023 [Tenity]( Zürich [More Upcoming Deadlines]( Don’t see your event? 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