Web3 Funding Plummets, And Unstructured Data Is A Hot Area For Funding

[Crunchbase News]( July 22, 2023 [1]( [Web3 Funding Plummets As AI Steals The Show]( While seemingly all sectors are seeing a slowdown in venture capital, Web3 — defined here as cryptocurrency and blockchain startups — has been hit hardest as investors retreat to both AI and more traditional sectors. [Web3 vs. AI →]( [2]( [Unstructured Data Is A Rare Hot Area For Startup Funding]( Startups touting expertise in data automation and orchestration as well as tools to manage unstructured data are seeing an increase in funding. [Funding Grows →]( [3]( [Carbon Capture And Storage Is A Bustling Sector For Startup Funding]( While most startup sectors have seen diminished funding in recent quarters, carbon capture- and storage-focused companies look like a notable exception with over half a billion dollars going to dozens of upstarts in the past year. [Bustling Sector →]( [4]( [The Week’s 10 Biggest Funding Rounds: Smile Doctors Likely Happy With $550M Raise]( Startups in a smattering of pretty diverse sectors raised good chunks of money this week. A dental startup, a reality TV personality-founded shapewear company, and an enterprise software firm led the way. [Biggest Rounds →]( [5]( [Have Tech Layoffs Peaked?]( Is the wave of U.S. tech layoffs slowly subsiding? We track total monthly reported tech job cuts, as well as the number of companies reporting layoffs since January 2022. [Layoffs Slowing? →]( [6]( [Makeup Unicorn Oddity’s IPO Comes As Beauty Funding Falters]( So far this year, just over $300 million in venture funding went to the beauty category, down more than 50% from the same period last year. But over in IPO-land, a different story is playing out. [Oddity's IPO →]( [Privacy Policy]( | [Terms of Service]( | [View in Browser]( | [Unsubscribe]( Crunchbase, Inc. 564 Market Street, Suite 700 San Francisco, CA 94104