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Billions for startups targeting hourly workers

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crunchbase.com

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newsletter@email.crunchbase.com

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Tue, May 30, 2023 06:30 PM

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Plus, companies cash in on getting you out of the house May 30, 2023 Hi, {NAME}. You better get off

Plus, companies cash in on getting you out of the house May 30, 2023 Hi, {NAME}. You better get off that couch and go camping this summer. Or at least [these startups]( are hoping you do. Plus, hourly workers are in demand and a batch of startups wants to cash in on this new employment era. ⏱️ [Hourly workers are in demand and startups are capitalizing on it]( Startups that target the massive market of hourly and gig workers and employers have raised billions of dollars in venture and growth funding over the past couple of years — and investment continues to flow to the space, Crunchbase data shows. Related Crunchbase data: [Hourly And Contract Worker Platforms And Tools]( ⛺ [Summer is here and these funded startups want you to camp]( Apparently, there’s big money in getting you out of the house. Or at least venture investors seem to think so. We look at startups that have raised funding in the past three years with an eye to getting consumers off their screens and outside. Related Crunchbase data: [Summer Recreation-Related Startups]( 🥇 [Top 10: Anthropic gets another huge round, but biotech rules]( Last week was another big one for AI, with [Anthropic]( taking the crown as the largest U.S. startup funding recipient of the week. But not too far behind were a slew of biotech companies, with those on [our top 10 list]( collectively raising almost $1 billion in the space of a week. 🐢 [Are layoffs finally slowing down?]( In a pretty dramatic turn of events, only around 350 job cuts were recorded in our [Tech Layoffs Tracker]( last week — far fewer than the thousands we usually add to the tally each week. But is that actually an indication that the brutal pace of tech job cuts is abating? Maybe not. ❣️ [Is the AI hype for real? $20B in investments says yes]( As every investor and their French Bulldog scrambles to get in on the AI action, we look to the data for answers. Overall, $20 billion has been raised by [startups using “AI” in 2023](. With so much buzz, are startups worried about the downturn? And what about the public markets? Come find out. 🛒 [Tech jobs: International AI, Swedish groceries, camera bags]( In last week’s edition of Who’s Hiring In Tech, we round up five startups that have raised money in the past 12 months, that haven’t had reported layoffs in the past year, and that are actively hiring for multiple open roles. 🦄 [The Unicorn Board: Track the most valuable private companies]( More than 1,400 companies are ranked on [The Crunchbase Unicorn Board]( a curated list of the most valuable private companies in the world, updated daily. [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]( Recent Investments [Tilray]( [$150M]( / [Post-IPO Debt]( Tilray is a cannabis-lifestyle and consumer packaged goods company that offers cannabis, hemp-based foods, and craft beverages. Categories: Cannabis • Consumer Goods • Food and Beverage • Pharmaceutical Founders: [Brendan Kennedy]( [Christian Groh]( [BenchSci]( [95M CAD]( / [Series D]( BenchSci uses machine learning and artificial intelligence to accelerate biomedical discoveries. Categories: Artificial Intelligence • Biotechnology • Life Science • Machine Learning • Pharmaceutical Founders: [David Qixiang Chen]( [Elvis Wianda]( [Liran Belenzon]( [Tom Leung]( Investors: [Generation Investment Management]( (Lead), [F-Prime Capital]( [Golden Ventures]( [+ 2 more]( [Evermos]( [$40M]( / [Venture Round]( Evermos is a social commerce startup that connects resellers-to-brands to consumers via platform to sell everyday Muslim products. Categories: Consumer Goods • E-Commerce • Social Impact • Social Shopping • Trading Platform Founders: [Ananda Prawira]( [Arip Tirta]( [Ghufron Mustaqim]( [Iqbal Muslimin]( [Jauhari Khairul Kawistara]( Investors: [International Finance Corporation]( (Lead), [Endeavor Catalyst]( [Jungle Ventures]( [+ 5 more]( More Fundings Company Amount / Round Lead Investor [ZAGENO]( $33M / [Venture Round]( [General Catalyst]( [Kapital]( $20M / [Series A]( [Niya Partners]( [Checkmate]( $15M / [Series A]( [Google Ventures]( [XFlow]( $10M / [Seed Round]( [Square Peg Capital]( [ZUZU Hospitality]( 12M SGD / [Series B]( [Softbank Ventures Asia]( [Dock Health]( $5.0M / [Seed Round]( [MassMutual]( [BBy]( $3.0M / [Seed Round]( [Pioneer Fund]( [All Recent Funding Activity]( Recent Acquisitions [EOFlow]( Pending acquisition by [Medtronic]( for $738M More Acquisitions Company Acquired By Amount [Embark Trucks]( [Applied Intuition]( $71M [All Recent Acquisition Activity]( Upcoming Tech Events [DIGIN]( June 5 - 7, 2023 in San Francisco Digin provides insights and networking where the insurance community connects and collaborates to address the industry’s digital evolution. 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.

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