What does the IPO market hold in 2024?

Plus, 5 trends we’re watching in the new year January 2, 2024 Hi, {NAME}. Welcome to 2024. Perhaps one of the most anticipated changes in the new year for many in the startup world is a potential return of the IPO markets, especially since last year didn’t do much to break a two-year hiatus for new startup listings. [But our latest forecast holds that 2024 — at least the first half — may not show the lively comeback you’re hoping for. Here’s why](. 🔮 [What does the IPO market hold in 2024?]( Last year certainly didn’t see the IPO markets for new tech listings come roaring back, as many had hoped. In fact, after lackluster performances by the only two major venture-backed startups to go public, the year ended on a down note. What does that mean for 2024, and how are investors and startup entrepreneurs thinking about going public? 👀 [5 trends we’re watching in 2024, from M&A to IPOs]( Between the rapid ascendance of AI and the often dramatic downfall of startups large and small, [2023 was action-packed](. We expect 2024 to be the year when things settle down a bit — but that doesn’t mean there aren’t some big trends to watch in the new year. [Here are our top five](. 🤑[The largest startup raises of 2023 all had nine zeroes]( While funding [continued to trend down]( in 2023, big raises were there to be had. More than a dozen startups in the U.S. — many of them AI startups — raised $500 million or more in funding rounds and some got a lot more than that. We look at the biggest rounds of the year, starting with a $10 billion round to [you-know-who](. 🦄 [The unicorn hunters: Where are they now?]( Funding to [the unicorn class of companies]( — those private startups valued at $1 billion or more — has fallen dramatically in 2023, to around 22% of what it was in the 2021 market peak. So perhaps it’s no surprise that investments in unicorn companies by leading investors from [Andreessen Horowitz]( to [Coatue]( have dropped precipitously in 2023. See also: [The Crunchbase Unicorn Board]( 📈 [These startups saw valuations hiked — and spiked — in 2023]( Down rounds in 2023 became increasingly common. They weren’t isolated to troubled companies, either. In fact, valuation resets were visited upon some companies widely considered to be the most likely to have IPO plans for the next few years. Get more with Crunchbase Enterprise Find out more about Crunchbase’s prospecting software that enables your entire team to find the right companies, identify the right people, and connect with the decision-makers who can move deals forward – all in one solution. [BOOK A MEETING NOW]( Recent Investments [Podimo]( [44M EUR]( / [Venture Round]( Podimo is an open podcast platform that offers a subscription service for creators. Categories: Audio • Content • Digital Entertainment • Podcast Founders: [Eva Lægdsgaard]( [Morten Strunge]( [Nikolaj Koppel]( [Sverre Dueholm]( Investors: [Chr. Augustinus Fabrikker]( [Export and Investment Fund]( [Highland Capital Partners]( [Sentante]( [6.0M EUR]( / [Seed Round]( Sentante is a medical device company that develops robotic teleoperated systems for endovascular procedures. Categories: Health Care • Medical • Medical Device • Robotics Founders: [Dr. Evaldas Kalvaitis]( [Dr. Tomas Baltrunas]( [Edvardas Satkauskas]( [Vaidas Labunskas]( [Vilius Dambrauskas]( Investors: [Practica Capital]( (Lead), [European Innovation Council]( [Subtl Beauty]( [$5.0M]( / [Series A]( Subtl Beauty is a cosmetics brand that offers compact and customizable makeup products. Categories: Beauty • Consumer Goods • Cosmetics • Retail Founders: [Rachel Reid]( Investors: [Cult Capital]( (Lead) More Fundings Company Amount / Round Lead Investor [Kosmik]( $3.7M / [Seed Round]( [Creandum]( [Helin]( 3.0M EUR / [Seed Round]( [FORWARD.one]( [Sehat Kahani]( $2.7M / [Series A]( [AMAANAH CIRCLE]( [Addressable]( Unknown / [Seed Round]( [BITKRAFT Ventures]( [All Recent Funding Activity]( Recent Acquisitions [High Bar Brands]( Pending acquisition by [Sentinel Capital Partners]( for Unknown More Acquisitions Company Acquired By Amount [Silixa]( [Luna Technologies]( Unknown [All Recent Acquisition Activity]( #{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.