Where media startups see a bright spot

Plus, LatAm falls from No. 1 spot July 19, 2023 Hi, {NAME}. One of the issues Hollywood writers and actors are striking about is concern about displacement by generative AI. As far-fetched as that sounded just a year ago, they may have a point. [Crunchbase]( data shows that while funding to media-related startups has plummeted in recent years, [large rounds have gone to AI companies in the space](. 🎥 [Lights, camera… AI?]( Venture funding to media-related startups is down, but to the extent they are making bets in the media space, startup investors are often wagering that artificial intelligence will play a growing role in producing content. Case in point: The largest U.S. media round so far this year was $141 million to a developer of AI-enabled tools for video creation. Related Crunchbase Pro query: [Media-Related Startup Funding]( ↘️ [LatAm startup funding continues sharp descent]( A bevy of huge funding deals to Latin American startups in 2021 and 2022 helped crown it the [fastest-growing region]( for venture investment in the world. But as funding to LatAm startups has continued to slow this year, the peak-era investment surge looks increasingly short-lived. 🕸️ [Move over Web3 — AI steals the show]( Two years ago, Web3 was the word. Startups in the space raised more than $10 billion in the fourth quarter of 2021 alone. How times have changed. Web3 has been hit harder than almost any other major startup sector this year, as investors [retreat to both AI]( and more traditional sectors. 🏭 [Carbon capture startups capture plenty of funding]( Most startups these days are struggling to get VCs’ attention. But there’s plentiful capital for companies involved in capturing and storing atmospheric carbon and industrial waste. The companies on our list have raised at least $1.25 billion in funding to date, per [Crunchbase]( data. Related Crunchbase list: [Carbon Removal- And Capture-Related Companies Funded In The Past Year]( 🏆 [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. [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 [MODIFI]( [$100M]( / [Debt Financing]( MODIFI offers a one stop platform for business payments and trade management. Categories: Financial Services • FinTech • Payments • Trading Platform Founders: [Jan Wehrs]( [Nelson Holzner]( [Sven Brauer]( Investors: [HSBC Innovation Banking]( (Lead) [PVcase]( [$100M]( / [Venture Round]( PVcase is a photovoltaic computer aided solar engineering company. Categories: B2B • Energy • Renewable Energy • Solar Founders: [Adam Pazarauskas]( [David Trainavicius]( Investors: [Elephant]( (Lead), [Energize Ventures]( (Lead), [Highland Europe]( (Lead) [Figure]( [$9.0M]( / [Series A]( Figure Robotics is an AI robotics company that builds a multi-purpose humanoid form robot. Categories: Artificial Intelligence • Machinery Manufacturing • Manufacturing • Robotics Founders: [Brett Adcock]( Investors: [Intel Capital]( (Lead) More Fundings Company Amount / Round Lead Investor [RenewBuy]( $40M / [Series D]( [Dai-Ichi Life Holdings Inc ADR]( [Torch Dental]( $28M / [Series B]( [Health Velocity Capital]( [Runway Financial]( $28M / [Series A]( [Initialized Capital]( [Connectbase]( $16M / [Debt Financing]( [Silicon Valley Bank]( [Bureau]( $4.5M / [Series A]( - [PingSafe]( $3.3M / [Seed Round]( [Surge]( [All Recent Funding Activity]( Recent Acquisitions [DTx Pharma]( Pending acquisition by [Novartis]( for $1.0B More Acquisitions Company Acquired By Amount [Angstrom Sports]( [Entain]( 203M GBP [All Recent Acquisition Activity]( Upcoming Tech Events [Everything Finance Expo]( September 13 - 14, 2023 Everything Finance Expo: Where Finance, Blockchain/Web 3 and Real Estate meets Accelerator Deadlines Date Accelerator Location Aug 15, 2023 [Comcast NBCUniversal SportsTech]( Atlanta Aug 18, 2023 [Alchemist Accelerator]( San Francisco [More Upcoming Deadlines]( 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.