Space: the next security frontier?

Plus, Europe’s AI funding tallies are rising December 13, 2023 Hi, {NAME}. Securing satellites and other objects in outer space may not conjure up visions of your favorite sci-fi shows, but the intersection of space and defense is drawing a lot of investor attention these days. The latest example is [a space security startup that just raised $100 million](. Plus, while AI funding is heavily concentrated in the U.S., Europe’s answers to [OpenAI]( and [Anthropic]( [are getting plenty of cash too](. ↗️ [Europe’s AI funding tallies are rising]( Europe’s AI startups are getting not-insignificant sums of investor money. Just this week, Paris-based [Mistral AI]( said it is putting the finishing touches on a $487 million round that would reportedly value it at $2 billion. While Mistral is the most heavily funded of Europe’s generative AI companies, [there are at least 15 other AI-focused startups]( from the continent that have raised significant funding in recent quarters and that are working on areas from text-to-video synthesis to fraud detection. Related Crunchbase Pro list: [European Generative AI And Related Startups]( 🌌 [Space security startup locks up $100M]( [True Anomaly]( which develops hardware and software systems to help provide space security and readiness, has raised $100 million led by [Riot Ventures](. The company is just the latest startup that straddles the defense and space industries to raise major funding. Related Crunchbase Pro lists: • [Defense Tech Funding In 2022]( • [Space Tech Funding]( 🐅 [Tiger bit off a lot less this year]( Even last year, as venture funding had [already slowed]( significantly, [Tiger Global Management]( still took part in 288 startup funding deals, Crunchbase data shows. This year, it’s down to less than 10% of that total. We look at what the venture investor has been backing — and what that might say about the state of the startup world in 2023 and beyond. Related Crunchbase Pro list: [Tiger Global Venture Deals]( 🤖 [Sapphire Ventures on its billion-dollar commitment to AI]( Since spinning off from SAP in 2011, [Sapphire Ventures]( has raised six funds, backing startups in enterprise software, AI and even sports. In the latest in our series of interviews with active AI investors, we speak with firm partner and President [Jai Das]( about the firm’s investment focus. Related Crunchbase Pro list: [Sapphire Ventures’ 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 [Prelude Therapeutics]( [$25M]( / [Post-IPO Equity]( Prelude Therapeutics designs and develops small molecule therapies targeting key drivers of cancer cell growth and resistance. Categories: Biopharma • Biotechnology • Pharmaceutical • Therapeutics Founders: [Krishna Vaddi]( [The Beachbody Company]( [$5.3M]( / [Post-IPO Equity]( The Beachbody Company provides structured step-by-step home fitness and nutrition programs. Categories: Fitness • Health Care • Wellness Founders: [Carl Daikeler]( [Jonathan Congdon]( [Mahmee]( [$1.8M]( / [Venture Round]( Mahmee is an integrated maternal and infant health care delivery platform that connects patients with healthcare providers. Categories: Health Care • mHealth • Women's Founders: [Linda Hanna]( [Melissa Hanna]( [Sunny Walia]( More Fundings Company Amount / Round Lead Investor [SumUp]( 285M EUR / [Venture Round]( [Sixth Street]( [Silicon Box]( $139M / [Series B]( - [Zafrens]( $23M / [Series A]( [Prime Movers Lab]( [Medefy]( $10M / [Series A]( [Mercury]( [SumUp]( Unknown / [Debt Financing]( - [All Recent Funding Activity]( Recent Acquisitions [HollySys Automation Technologies]( Pending acquisition by [Ascendent Capital Partners]( for $1.7B More Acquisitions Company Acquired By Amount [Hivestack]( [Perion]( $100M [All Recent Acquisition Activity]( Upcoming Tech Events [Digital Healthcare Innovation Summit WEST (DHIS)]( February 6 - 7, 2024 in La Jolla Digital Healthcare Innovation Summit WEST (DHIS) focuses on addressing current issues in the field. 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.