These VC firms have billions more to invest

Plus, B2B brand building for Series B and beyond November 17, 2023 Hi, {NAME}. Will VCs warm up their pens and start writing checks to startups again? This week at least, three well-known venture firms made headlines by raising or getting ready to raise billions of dollars in fresh funds to back companies. They include [Khosla Ventures]( — [which our data shows is also picking up its dealmaking pace]( — [Menlo Ventures]( and [Coatue](. Together, the three firms reportedly [have close to $6 billion in dry powder to invest](. 🚀 [One VC firm not slowing down? Khosla Ventures]( [Khosla Ventures]( which is reportedly close to raising $3 billion in fresh funds, has bucked the venture slowdown trend and is on pace to grow its deal numbers quarter over quarter to close out 2023. Related Crunchbase Pro list: [Khosla Ventures Investments]( 🤖 [Menlo Ventures loads up on $1.4B to back AI startups]( [Menlo Ventures]( which has backed startups such as [Uber]( [Roku]( and [Siri]( has raised $1.4 billion in new funds that it’s putting toward … you guessed it, AI companies. 💡 [B2B brand building for Series B and beyond]( While earlier startup stages were all about being scrappy and finding product-market fit, by the time your company gets to Series B and beyond, you need to invest in building a brand that stands for something and sets the foundation for growth. Guest author [Jenny Sagström]( offers three ways to do just that. 📱 [More refurbished gadget startups are getting funded]( Startups spanning from Sweden to São Paulo to Silicon Valley have raised millions of dollars from investors for offerings related to refurbished smartphones and other devices. For companies, the pitch is both about reducing electronic waste and serving a high-demand consumer market. Related Crunchbase Pro list: [Refurbished Electronics-Related Funded Startups]( 🤖 [What Microsoft’s venture fund looks for in its AI investments]( [Microsoft]( is the biggest investor in the biggest generative AI company in the world. But the tech giant’s interest in generative artificial intelligence precedes the public fervor for AI ushered in by [OpenAI]( by several years. Crunchbase News recently spoke with [Michael Stewart]( a partner at [M12]( Microsoft’s venture fund, about the firm’s investment focus and what it’s looking for in future AI bets. Related Crunchbase Pro list: [Microsoft M12’s AI Portfolio Companies]( [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 [Neste]( [600M EUR]( / [Post-IPO Debt]( Neste is a sustainable energy company focused on renewable diesel and aviation fuel. Categories: Industrial • Oil and Gas • Sustainability [Lunit]( [$150M]( / [Post-IPO Debt]( Lunit is a medical technology company that specializes in developing and providing AI-powered medical imaging solutions. Categories: Artificial Intelligence (AI) • Computer Vision • Health Diagnostics • Image Recognition • Machine Learning • Medical Device • Software Founders: [Anthony Paek]( [Donggeun Yoo]( [Jungin Lee]( [Kyunghyun Paeng]( [Minhong Jang]( [Sunggyun Park]( [Squarespace]( [Unknown]( / [Post-IPO Secondary]( Squarespace is a website building and hosting platform that helps users create websites without needing advanced technical skills. Categories: Developer Tools • E-Commerce Platforms • Publishing • Software • Web Design Founders: [Anthony Casalena]( More Fundings Company Amount / Round Lead Investor [RefleXion Medical]( $105M / [Venture Round]( [The Rise Fund]( [Forward]( $75M / [Series E]( - [Vulcan Cyber]( $34M / [Series B]( [Maor Investments]( [Forward]( $25M / [Debt Financing]( - [Augmentus]( $5.7M / [Series A]( [Sierra Ventures]( [All Recent Funding Activity]( Recent Acquisitions [CloudGo]( Pending acquisition by [Resources Global Professionals]( for Unknown More Acquisitions Company Acquired By Amount [Opster]( [Elastic]( Unknown [All Recent Acquisition Activity]( Upcoming Tech Events [Forbes Healthcare Summit 2023]( December 4 - 5, 2023 in New York Forbes Healthcare Summit 2023 brings together influential leaders from inside and outside the traditional healthcare sector. Accelerator Deadlines Date Accelerator Location Dec 28, 2023 [International Accelerator]( Austin Dec 29, 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.