Meet the month’s 8 new unicorns

Plus, these companies shut down last week October 16, 2023 Hi, {NAME}. Two years ago, an average of 52 new companies were trotting onto [The Crunchbase Unicorn Board]( each month, while a steady herd of mature unicorns cantered off to the public markets [as IPOs boomed](. Even last year, an average 27 startups a month were being minted as new unicorns. In 2023, it’s down to seven. Nonetheless, we look at [who those new unicorns were in September — and what the two unicorn IPOs last month have done since their debuts](. 🦄 [8 new unicorns minted as 2 finally debut]( Eight companies joined [The Crunchbase Unicorn Board]( in September, adding more than $15 billion in value, while two long-in-the-tooth unicorns finally galloped off onto the public markets. Related Crunchbase unicorn queries: • [Unicorns In The U.S.]( • [Unicorns In Asia]( • [European Private Unicorns]( 🏅 [One big deal leads top 10, bevy of small(er) ones follow]( Last week saw a lull in big-figure funding deals, with only one U.S.-based startup raising more than $100 million (though it was over by quite a lot!). Did investors take a fall holiday? Is the big-round frenzy over? [Let’s take a look](. ✂️ [Big cuts and bankruptcies land on layoffs tracker]( While a fair number of companies [continue to trim their workforces]( others are just throwing in the towel completely. Last week, we saw two fintech startups lay off their entire workforce. And online used car marketplace [Shift]( and air purification startup [Molekule]( both moved toward Chapter 11 bankruptcy. 📊 [Israel, China lead modest Asia venture rebound]( The two Asian countries facing the biggest geopolitical headwinds also saw the continent’s biggest rebound in Q3 venture funding. Israeli startups had their best quarter raising money since Q3 of last year, pulling in $1.4 billion in the most recent quarter. And China-based startups raised $14.1 billion last quarter, a 20% boost from Q2. 🌎 [Late-stage deals give LatAm funding a boost]( Venture investment to Latin America is still far, far below its 2021 peak, but picked up a bit in the third quarter of this year, as later-stage dealmaking returned to the region. However, reported seed and early-stage investment was down sharply, indicating increasing wariness around backing less-established startups. Let’s take a look. [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 [Seadrill]( [$575M]( / [Post-IPO Debt]( Seadrill is a deepwater drilling contractor that provides offshore drilling services to the oil and gas industry. Categories: Industrial • Natural Resources • Oil and Gas Founders: [John Fredriksen]( [Tribe Property Technologies]( [15M CAD]( / [Post-IPO Debt]( Tribe Property Technologies is a property management company that provides technology-enabled property management services. Categories: Commercial Real Estate • Property Management • Real Estate Founders: [Joseph Nakhla]( [Longeveron]( [$4.0M]( / [Post-IPO Equity]( Longeveron is a biotechnology company that focuses on developing cellular therapies for chronic aging-related and life-threatening diseases. Categories: Biotechnology • Life Science • Medical • Therapeutics Founders: [Donald Soffer]( [Joshua M. Hare]( More Fundings Company Amount / Round Lead Investor [AOA]( $17M / [Venture Round]( [Good Growth Capital]( [Aigen]( $11M / [Venture Round]( - [Beldex]( $3.0M / [Venture Round]( [Block Alpha]( [All Recent Funding Activity]( Recent Acquisitions [Loom]( Pending acquisition by [Atlassian]( for $975M More Acquisitions Company Acquired By Amount [Silverline]( [Mphasis]( $132M [All Recent Acquisition Activity]( Upcoming Tech Events [OWASP Global AppSec Washington, DC 2023]( October 30 - November 3, 2023 in Washington OWASP Global AppSec Washington, DC 2023 provides an ideal platform for private and public sector infosec professionals. 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.