Clean air draws big rounds

What’s up with that $10B Adenza acquisition? June 13, 2023 Hi, {NAME}. Clean air is a good thing, no one will argue with that. Especially not investors. Plus, apparently someone still has $10 billion to acquire a company. ☁️ [Clean air startups are scaling up]( Clean air startups have pulled in some big rounds over the past several years. Using Crunchbase data, we compiled a sample set of companies funded in the past few years that have collectively raised over $1.2 billion to tackle air quality. 🤑 [Hello what? Nasdaq will acquire Adenza for $10B]( In one of the biggest acquisitions of the year so far, [Nasdaq]( will reportedly acquire privately held software company [Adenza]( for $10 billion in a mix of cash and shares. 🤖 [Salesforce Ventures doubles down on AI investments]( Three months after launching it, [Salesforce Ventures]( — [Salesforce]( venture arm — announced it will double the size of its Generative AI Fund to $500 million. 🦄 [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. 🤝 [Why aren’t more startups partnering with Big Pharma?]( Pharma companies usually partner with startups to drive them through clinical trials, but large pharmaceutical organizations have been laying low since the funding downturn. In 2022, merger and acquisition activity in the space was the lowest it had been since 2013. We break down why. 🏆 [The Megadeals Leaderboard: Track $100M+ rounds]( Keep track of the largest startup funding deals in 2023 with our curated list of $100 million-plus venture deals to U.S.-based companies. Powered by Crunchbase’s comprehensive data, this leaderboard is updated weekly as companies raise large rounds. 💰 [Top 10 rounds: CleanCapital and Upstream Bio lead huge week]( Last week was a big, big one in funding, with eight rounds topping $100 million and the top two totaling $700 million. Biotech and health care again saw several huge rounds — taking six spots on the week’s list. However, cleantech, cyber and even the insurance sector saw some meaningful cash too. ⚖️ [Layoffs stay consistent]( Layoffs are looking pretty steady for the past week as more than 147,299 workers in U.S.-based tech companies (or tech companies with a large U.S. workforce) have been laid off in mass job cuts this year, according to a Crunchbase News tally. And 295 job cuts were recorded in our [Tech Layoffs Tracker]( last week. [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 [KORE Power]( [$850M]( / [Debt Financing]( Kore Power manufactures energy storage, electric vehicles, microgrids, utilities, and e-mobility systems for the clean energy industries. Categories: Electric Vehicle • Energy • Energy Storage • Manufacturing • Renewable Energy Founders: [Lindsay Gorrill]( [Paul Coombs]( Investors: [US Department of Energy]( (Lead) [Percepto]( [$67M]( / [Series C]( Percepto is a developer of autonomous drone technology for surveillance and inspections. Categories: Drones • Enterprise • Industrial Automation • Robotics • Software Founders: [Ariel Avitan]( [Dor Abuhasira]( [Raviv Raz]( [Sagi Blonder]( Investors: [Koch Disruptive Technologies]( (Lead), [Arkin Holdings]( [Atento Capital]( [+ 4 more]( [WrightBus]( [50M GBP]( / [Debt Financing]( Wrightbus manufacturers single and double deck zero emission buses. Categories: Industrial • Transportation • Travel Investors: [U.K. Export Finance]( (Lead) More Fundings Company Amount / Round Lead Investor [CloudZero]( $32M / [Series B]( [Innovius Capital]( [Djust]( 12M EUR / [Series A]( [New Enterprise Associates]( [HUNGRY]( $10M / [Series C]( - [RevFin]( $5.0M / [Debt Financing]( [U.S. International Development Finance Corp]( [PartnerSlate]( $4.0M / [Seed Round]( [Supply Change Capital]( [All Recent Funding Activity]( Recent Acquisitions [Adenza]( Pending acquisition by [Nasdaq]( for $10B More Acquisitions Company Acquired By Amount [Network International]( [Brookfield Asset Management]( $2.8B [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.