Can Apple save the metaverse??

Inside TransUnion's investment into Trueworks June 15, 2023 Hi, {NAME}. Those $3,500 glasses thingies are pretty cool. But can [Apple]( latest tech be enough to reignite interest in metaverse funding? Plus, apparently there is a decent interest in verifying your income. At least [TransUnion]( thinks so. 🍎 [Metaverse investing has slowed. Can Apple save it?]( [Apple]( unveiling of its Vision Pro has put the spotlight back on the metaverse, highlighting what it could be and what its future may hold. We look at funding to the space. ✅ [TransUnion’s $24M bet on income verifier Trueworks]( Publicly held reporting giant [TransUnion]( has invested $24 million in equity funding in San Francisco-based [Truework]( to integrate the startup’s income and employment verification platform. What does this mean for both companies? 💲 [Addition shoots for $1.5B fund amid market slowdown]( New York-based [Addition]( is looking to raise a new $1.5 billion fund even as the venture capital market continues its slowdown. The firm, which has invested in such startups as [Stripe]( [Snyk]( and [Chainalysis]( was founded by former [Tiger Global]( executive [Lee Fixel]( in 2020 and has made more than 100 deals, per Crunchbase data. 🤖 [Primer Technologies raises $69M for AI]( [Primer Technologies]( an artificial intelligence and predictive analytics startup, has raised $69 million in Series D funding.The company’s fresh fundraising brings its total amount raised to $237 million, per Crunchbase data. ❓ [Reader survey: What’s your outlook for the second half of 2023?]( We’re approaching the halfway point of 2023, and few predictions from the beginning of the year have fully panned out. That said, we want to hear from you, our readers, about what you expect from the rest of a year that has thus far defied expectations. Let us know in this quick survey. ✂️ [Is AI the cause of job cuts this year?]( As artificial intelligence startups continue to raise big rounds while the broader tech community steadily sheds jobs, we can’t help but wonder how the two trends are connected. Is AI a job creator or destroyer? Looking at the data, we think the answer might be both. ☁️ [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. 🤝 [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. [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 [Sabre Corporation]( [$700M]( / [Post-IPO Debt]( Sabre is a software and technology company that powers the global travel industry. Categories: Business Intelligence • Information Technology • SaaS • Tourism • Travel Investors: [Centerbridge Partners]( (Lead) [Storskogen]( [2.0B SEK]( / [Post-IPO Debt]( Storskogen is a global group of businesses specializing in acquiring and developing market leaders with sustainable models. Categories: Finance • Financial Services • Real Estate Investment Founders: [Daniel Kaplan]( [Synthesia]( [$90M]( / [Series C]( Synthesia offers an AI-powered video synthesis platform that enables businesses to generate personalized videos from plain text. Categories: Artificial Intelligence • Content Creators • Software • Video • Video Editing Founders: [Lourdes Agapito]( [Matthias Niessner]( [Steffen Tjerrild]( [Victor Riperbelli]( Investors: [Accel]( (Lead), [Alex Wang]( [Amjad Masad]( [+ 5 more]( More Fundings Company Amount / Round Lead Investor [Indifi Technologies]( 2.9B INR / [Series E]( [ICICI Venture]( [Tachyum]( 26M EUR / [Grant]( [European Commission]( [Paro]( $25M / [Series C]( [Top Tier Capital Partners]( [OneVest]( 17M CAD / [Series A]( [OMERS Ventures]( [SpotHopper]( $12M / [Series B]( [TVC Capital]( [Unnati]( 285M INR / [Series B]( [IPL Biologicals]( [African Development Bank]( $650K / [Grant]( [Government of Chad]( [All Recent Funding Activity]( Recent Acquisitions [Viterra]( Pending acquisition by [Bunge]( for $8.2B More Acquisitions Company Acquired By Amount [Snowfox Group]( [Zensho Holdings]( $621M [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.