VCs Are Excited About These Fintech Areas In 2024, And A16z Tops Active Investor Ranks

[Crunchbase News]( January 20, 2024 [1]( [Fintech Funding Halved Last Year, But VCs Are Excited About These Areas And Deals In 2024]( Venture investment in 2023 into financial services and fintech was at its lowest level in six years, according to Crunchbase data. But investors in the space still see plenty of interesting opportunities for fintech startups to solve in 2024 and beyond. [Fintech Forecast →]( [2]( [A16z Tops Active Investor Ranks In Slow Year]( Overall, startup investors put far less money to work in 2023 compared to the prior two years. They also did far fewer deals. However, some investors slowed down much less drastically than others. [Top Investors →]( [3]( [From Batteries To Building Materials, Green Manufacturing Startups Are Raising Billions]( Founders and VCs have taken an interest in greener manufacturing. The space emerged as a popular theme last year, with more than $10 billion invested globally across the larger rounds, per an analysis of Crunchbase data. [Green Manufacturing →]( [4]( [Cybersecurity Startup Funding Hits 5-Year Low, Drops 50% From 2022]( Just two years ago venture funding to cybersecurity was on fire, with more than $23 billion flooding the sector. In 2023, cyber startups saw only about a third of that, as venture funding dipped to its lowest total since 2018. [Cybersecurity Funding →]( [5]( [The Week’s 10 Biggest Funding Rounds: Quantinuum Locks Up Huge $300M Round On Promise Of Quantum Computing]( The second full week of the new year proved to be pretty slow. Just one startup saw a big raise in the nine figures, and a handful saw $75M — including a trio of biotech firms. Sledding has been tough for big rounds so far this year. [Biggest Rounds →]( [6]( [Startup Investors Have Fled The Metaverse]( Almost nobody these days is spending much leisure time in the metaverse. Additionally, almost no investors are backing fresh rounds for startups creating the next generation of virtual worlds. [Metaverse Miss →]( [Privacy Policy]( | [Terms of Service]( | [View in Browser]( | [Unsubscribe]( Crunchbase, Inc. 564 Market Street, Suite 700 San Francisco, CA 94104