Have tech layoffs peaked?

Plus, a rare hot area for startup funding July 21, 2023 Hi, {NAME}. When will the layoffs end? With [more than 250,000 U.S. tech workers who’ve lost their jobs]( since the start of 2022, the question is top of mind for anyone who works in the tech sector, whether they’ve watched friends and co-workers get laid off or been handed a pink slip of their own. Today, we dive into the layoffs trends we’re seeing for both public and private tech employers. 📦 [Unstructured data is a rare hot area for startup funding]( Does your company’s digital data spark joy? Probably not. At many enterprises, the terrabytes and zettabytes of data in storage are jumbled and difficult to access, with the piles of digital clutter only getting larger. It’s no surprise, then, that startups touting expertise in data automation and orchestration as well as tools to manage unstructured data are seeing an increase in funding. Related Crunchbase Pro list: [Companies Funded In Past Year Tied To Data Automation, Data Orchestration, And Unstructured Data]( 🪓 [Have tech layoffs peaked?]( As of mid-year, more than 150,000 tech workers in the U.S. had lost their jobs, per [The Crunchbase Tech Layoffs Tracker](. We’ve seen numerous startups shut down completely, laying off their entire staff. Other companies have become repeat offenders on our tracker. But is the wave of layoffs slowly subsiding? 🌍 [Space tech comes back down to earth]( Like most startup sectors, space tech has fallen from the lofty highs achieved just a few years ago. But here’s why the dismal VC numbers don’t necessarily mean the “Space 2.0” era is over. Related Crunchbase Pro list: [Space Tech Funding In 2023]( ⏱ [Why the time is now for ambitious tech founders to break through]( Yes, times are tough for startup founders right now. But companies from [Microsoft]( to [Airbnb]( emerged victorious from the crucible of adverse market conditions. [Neil Patel]( of [Redesign Health]( shares his best advice for startup entrepreneurs looking to seize this moment. 🏆 [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 [Skims]( [$270M]( / [Series C]( SKIMS is a solutions oriented brand creating the next generation of inclusive underwear, loungewear and shapewear. Categories: Fashion • Lingerie • Retail Founders: [Emma Grede]( [Jens Grede]( [Kim Kardashian]( Investors: [Wellington Management]( (Lead), [D1 Capital Partners]( [Greenoaks]( [+ 1 more]( [Aurora]( [$220M]( / [Post-IPO Equity]( Aurora is building self-driving technology to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger ones. Categories: Automotive • Autonomous Vehicles • Electric Vehicle • InsurTech • Software • Transportation Founders: [Chris Urmson]( [J. Andrew Bagnell]( [Sterling Anderson]( [Preply]( [$42M]( / [Series C]( Preply is an online tutoring platform, aiming to help students achieve their learning goals and prepare them to speak confidently. Categories: E-Learning • EdTech • Education • Language Learning • Tutoring Founders: [Dmytro Voloshyn]( [Kirill Bigai]( [Serge Lukianov]( Investors: [Horizon Capital]( (Lead), [Hoxton Ventures]( [Owl Ventures]( [+ 1 more]( More Fundings Company Amount / Round Lead Investor [Masdar]( $750M / [Debt Financing]( - [Salmon]( $20M / [Debt Financing]( [Argentem Creek Partners]( [SiPhox Health]( $17M / [Series A]( [Intel Capital]( [BusRight]( $7.0M / [Seed Round]( [Las Olas Venture Capital]( [Argo Blockchain]( 5.1M GBP / [Post-IPO Equity]( - [Speak]( Unknown / [Series B]( [Lachy Groom]( [SuperBottoms]( Unknown / [Funding Round]( [Alia Bhatt]( [All Recent Funding Activity]( Recent Acquisitions [Nextech Systems]( Pending acquisition by [TPG]( for $1.4B More Acquisitions Company Acquired By Amount [Artemis Optical]( [Gooch & Housego]( 8.9M GBP [All Recent Acquisition Activity]( Upcoming Tech Events [GTM2023]( October 10 - 12, 2023 in Nashville GTM2023 is a unique conference that gathers full go-to-market executive teams for three days of intensive collaboration. 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