Fintech Sector Leads New November Unicorns, And Sapphire Ventures' Billion-Dollar AI Commitment

[Crunchbase News]( December 16, 2023 [1]( [The Fintech Sector Trotted The Most New Unicorns Onto Our Board In November]( Only nine companies joined The Crunchbase Unicorn Board in November, together adding $11.7 billion in value to the board, amid a slower funding environment for startups. [November's New Unicorns →]( [2]( [Sapphire Ventures On Its Billion-Dollar Commitment To AIÂ]( As an enterprise software-focused firm, Sapphire Ventures has deployed $2.4 billion across 60 companies in AI over the past decade and commits $1 billion more to the sector. [Sapphire AI Investments →]( [3]( [Tiger Global Bit Off A Lot Less In 2023]( Tiger Global is on pace to slash its deal flow more than 90% from 2022, as the one-time growth-round leader significantly pulled back in the venture market. [Tiger Pulls Back →]( [4]( [Europe’s AI Funding Tallies Are Rising]( Europe has not been ground central for the AI startup investment boom. Nonetheless, European tech hubs are still seeing a not-insignificant slice of the funding pie. [Europe's AI Funding →]( [5]( [The Week’s 10 Biggest Funding Rounds: Another Big Week For Biotech As Tome Raises $213M]( Just a couple of weeks until the end of the year and companies are still raising big rounds. The week was especially good for biotech, which led the way with two big raises. A space and defense startup also hit it big. [Biggest Funding Rounds →]( [6]( [Reader Survey: IPOs? Layoffs? More AI? Tell Us What You See Coming In 2024]( Is your company planning layoffs next year or is hiring on the agenda? Will AI tech change the way you work? Tell us how you feel in our new 2024 reader forecast survey. [Reader Survey →]( [Privacy Policy]( | [Terms of Service]( | [View in Browser]( | [Unsubscribe]( Crunchbase, Inc. 564 Market Street, Suite 700 San Francisco, CA 94104