You’d never guess where investors are parking billions

Plus, an IPO checklist to take your startup public October 20, 2023 Hi, {NAME}. Across the planet, roughly 1.5 billion cars and trucks already need a place to park. And each year, we add millions of new ones to the ranks. So maybe it’s not that surprising that [parking is an increasingly big business that’s drawing startup and VC interest by the billions](. Plus, eyeing the IPO markets? [Here’s a checklist to get you started](. 🚗 [Parking — yes, parking — is drawing billions of dollars in VC money]( Parking-related companies funded in the past three years have [collectively pulled in at least $2.9 billion]( in equity financing to date, [Crunchbase]( data shows. Some of that money went to fund the [biggest M&A transaction of the year]( by a private, VC-backed company. Who knew there was so much money to be made helping people find a spot to temporarily abandon their cars? Related Crunchbase Pro list: [Funded Parking-Related Startups]( 🏁 [An IPO checklist to take your startup public]( The IPO market seems to be perking up. If you’re a startup CEO thinking about taking your company public soon, here’s a three-part checklist from guest author [Mike Whitmire]( who’s worked alongside several companies in the IPO process. Related Crunchbase Pro list: [Startup IPOs of 2023]( 🤖 [Softbank eyes investment in OpenAI-backed robotics startup]( [SoftBank]( which said [earlier this year]( that it’s going on the offensive with AI investment, is reportedly in talks to invest in [1X](. The Norwegian startup makes humanoid robotics and has previously drawn funding from generative AI giant [OpenAI](. 🔒 [Cybersecurity doesn’t look recession-proof anymore]( Funding to VC-backed cybersecurity startups this year is on pace to hit its lowest point for a calendar year since 2019, [Crunchbase]( figures show. The numbers are yet more evidence that cybersecurity may not be nearly as “recession-proof” as many investors have thought for the last several years. Related Crunchbase Pro list: [Cybersecurity Funding]( 💶 [Opinion: Why European VC is outperforming the US]( Aren’t European VCs painfully risk-averse? And even if they aren’t, don’t American VCs just have a lot more cash? These are common responses to new data that seems to show the extent to which European venture capital has outperformed American VC in recent history. Guest author [Dan Gray]( breaks down some of the real reasons European startup investors may be outperforming their peers across the pond. 📉 [Where are they now? 2021’s hot IPOs have lost 60% of their value]( In normal times, going public at a valuation of over $10 billion is both a rare occurrence and a very big deal. In 2021, however, such [enormous IPOs became rather common]( even for money-losing startups, with at least 20 companies making their debuts above $10 billion. The list included some of the buzziest names in tech and the app economy: [Didi]( [Rivian]( [Grab]( and [Coinbase](. But where are those once-hot IPOs now? Related Crunchbase Pro list: [Biggest 2021 IPOs]( [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 [Freddie Mac]( [$310M]( / [Post-IPO Debt]( Freddie Mac is a public government-sponsored enterprise that provides mortgage capital to lenders. Categories: Finance • Financial Services • Risk Management [Xcel Energy]( [$100M]( / [Grant]( Xcel Energy is an electric and natural gas energy company that offers a portfolio of energy-related products and services to customers. Categories: Electrical Distribution • Energy • Natural Resources Founders: [Maynard Gunsell]( Investors: [US Department of Energy]( (Lead) [Science Center]( [$250K]( / [Grant]( Science Center is an accelerator hub for entrepreneurial activity, healthcare innovation, and economic growth. Categories: Education • Incubators • Innovation Management • Non Profit • Universities Founders: [Sandra McElligott]( Investors: [National Institute on Aging]( (Lead) More Fundings Company Amount / Round Lead Investor [Employment Hero]( 263M AUD / [Series F]( [TCV]( [Hivebrite]( 35M EUR / [Series B]( [Edward Filippi]( [HawkEye 360]( $10M / [Series D]( [Lockheed Martin Ventures]( [All Recent Funding Activity]( Recent Acquisitions [Vita Health Group]( Pending acquisition by [Spire Healthcare]( for 74M GBP More Acquisitions Company Acquired By Amount [AP Civil Solutions]( [Insituform Technologies]( Unknown [All Recent Acquisition Activity]( Upcoming Tech Events [Growth Industry Conference 2023]( November 16 - 16, 2023 in Shibuya Growth Industry Conference 2023 is a hybrid global conference and community specializing in the growth industry. Don’t see your event? 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