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TEXXR / Topics / Tech Funding & Investment / 2024

Tech Funding & Investment (2024)

2024 funding was the year AI broke venture capital's scale. Anthropic raised billions from Google and Amazon. OpenAI's $80B+ valuation became a reference point. But the story wasn't just AI — it was the return of the IPO market after a two-year freeze, with Reddit, Astera Labs, and others testing public appetite.

6775 events in 2024 20 key entities
2024
2025 →
Cyberpunk 2077 has sold over 25 million units.
confirmed 1 article 2024-01-13
Cyberpunk 2077 25 million units
A look at CD Projekt's three-year journey to turn around Cyberpunk 2077, which has now sold over 25M units and won a major award, after a disastrous 2020 launch
Wall Street Journal · 2024-01-13 · #22
Fubo's base plan now starts at $80 per month.
confirmed 1 article 2024-01-13
Fubo base plan
Fubo raised the price of all plans by $5/month as of January 10, with the base plan starting at $80/mo, and plans to offer unlimited DVR “in the coming months”
9to5Google · 2024-01-13 · #20
Fubo raised the price of all plans by $5 per month effective January 10.
confirmed 1 article 2024-01-13
Fubo all plans
Fubo raised the price of all plans by $5/month as of January 10, with the base plan starting at $80/mo, and plans to offer unlimited DVR “in the coming months”
9to5Google · 2024-01-13 · #20
France-based OVH is the next-largest hosting provider for fediverse users after Hetzner.
confirmed 1 article 2024-01-13
OVH fediverse users
An analysis of fediverse backend hosting providers finds Germany-based Hetzner hosts 51% of the network by number of active users, followed by France-based OVH
Ben's Blog · 2024-01-13 · #19
Analysis finds Germany-based Hetzner hosts about 51% of fediverse active users.
confirmed 1 article 2024-01-13
Hetzner fediverse users
An analysis of fediverse backend hosting providers finds Germany-based Hetzner hosts 51% of the network by number of active users, followed by France-based OVH
Ben's Blog · 2024-01-13 · #19
Wolfspeed was the only stock in the Philadelphia Stock Exchange Semiconductor index to decline in 2023.
confirmed 1 article 2024-01-13
Wolfspeed Philadelphia Stock Exchange Semiconductor index
US chipmaker Wolfspeed was the only stock in the Philadelphia Stock Exchange Semiconductor index to decline in 2023, amid struggles at its new plant in NY
Bloomberg · 2024-01-13 · #8
Digital ad sales are weakening and the social media industry is stagnating, creating pressure on platforms like TikTok to find alternative revenue streams.
confirmed 1 article 2024-01-13
digital advertising sales social media industry
A look at TikTok's dogged e-commerce push by subsidizing sales and promoting sellers in user feeds, as ad sales weaken and social media stagnates
New York Magazine · 2024-01-13 · #6
WazirX and Mudrex say roughly 70% of fresh deposit inflows originated from Binance.
confirmed 1 article 2024-01-13
WazirX Mudrex Binance
Indian crypto exchange WazirX says deposit inflows jumped ~250% in the four days after India blocked nine offshore platforms on December 28, ~70% from Binance
Bloomberg · 2024-01-13 · #4
WazirX says its deposit inflows jumped about 250% in the four days following India's blocking of nine offshore platforms on December 28.
confirmed 1 article 2024-01-13
WazirX
Indian crypto exchange WazirX says deposit inflows jumped ~250% in the four days after India blocked nine offshore platforms on December 28, ~70% from Binance
Bloomberg · 2024-01-13 · #4
Grayscale, BlackRock, and Fidelity dominated trading volumes in U.S.-listed bitcoin ETFs on January 11.
confirmed 1 article 2024-01-12
Grayscale BlackRock Fidelity U.S.-listed bitcoin ETFs
LSEG: US bitcoin ETFs saw $4.6B worth of shares traded on January 11, their first day of trading; Grayscale, BlackRock, and Fidelity dominated trading volumes
Reuters · 2024-01-12 · #2
Microsoft briefly unseated Apple as the world's most valuable publicly traded company in early trading on Thursday, but by the close Microsoft was again below Apple.
confirmed 1 article 2024-01-12
Microsoft Apple Apple
Microsoft briefly unseated Apple as the world's most valuable publicly traded company in early trading on Thursday but closed out the day under Apple
CNBC · 2024-01-12 · #12
Menlo Ventures is leading Anthropic's $750M funding round using a special purpose vehicle (SPV).
confirmed 1 article 2024-01-12
Menlo Ventures Anthropic special purpose vehicle
How Menlo Ventures is using a special purpose vehicle to lead Anthropic's unusual $750M fundraise, helping, in part, to price bets by Amazon and Google
Forbes · 2024-01-12 · #23
Amazon and Google are backers in Anthropic's $750M funding round, with the SPV-led structure helping to price their investments.
confirmed 1 article 2024-01-12
Amazon Google Anthropic
How Menlo Ventures is using a special purpose vehicle to lead Anthropic's unusual $750M fundraise, helping, in part, to price bets by Amazon and Google
Forbes · 2024-01-12 · #23
The use of special purpose vehicles (SPVs) is a rising tactic for executing mega-sized startup financing, as illustrated by the Menlo Ventures-led Anthropic round.
confirmed 1 article 2024-01-12
Special purpose vehicle
How Menlo Ventures is using a special purpose vehicle to lead Anthropic's unusual $750M fundraise, helping, in part, to price bets by Amazon and Google
Forbes · 2024-01-12 · #23
1X raises $100M Series B from EQT Ventures and other investors.
confirmed 1 article 2024-01-12
1X EQT Ventures other investors
1X, an OpenAI-backed developer of humanoid robots with plans to bring its bipedal robot NEO to the market, raised a $100M Series B from EQT Ventures and others
VentureBeat · 2024-01-12 · #30
1X is backed by OpenAI.
confirmed 1 article 2024-01-12
1X OpenAI
1X, an OpenAI-backed developer of humanoid robots with plans to bring its bipedal robot NEO to the market, raised a $100M Series B from EQT Ventures and others
VentureBeat · 2024-01-12 · #30
Reporting indicates Discord has more than $700 million in cash on its balance sheet.
confirmed 1 article 2024-01-12
Discord >$700 million
Internal memo: Discord CEO Jason Citron says the company is laying off 17% of its staff, or 170 people, after growing its workforce “by 5x since 2020”
The Verge · 2024-01-12 · #31
Discord has set a goal to become profitable this year (2024), according to reporting.
confirmed 1 article 2024-01-12
Discord become profitable in 2024
Internal memo: Discord CEO Jason Citron says the company is laying off 17% of its staff, or 170 people, after growing its workforce “by 5x since 2020”
The Verge · 2024-01-12 · #31
Google Cloud removes exit/switching fees for customers who leave for rival services, effective immediately.
confirmed 1 article 2024-01-12
Google Cloud customers switching fees
Google Cloud eliminates fees for customers who leave for a rival service, effective immediately, which may put pressure on Amazon and Microsoft to do the same
Bloomberg · 2024-01-12 · #33
US companies with all-female founding teams raised approximately $3.1 billion in VC funding in 2023, a 39% year-over-year decline.
confirmed 1 article 2024-01-11
US companies with all-female founding teams $3.1B -39% YoY 2023
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY
TechCrunch · 2024-01-11 · #16
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, a 68% year-over-year decline.
confirmed 1 article 2024-01-11
PitchBook crypto industry $9.5B 2023
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, down 68% YoY; CryptoSlam says NFT sales fell 63% YoY to $8.7B in 2023
Bloomberg · 2024-01-11 · #17
CryptoSlam reports NFT sales fell 63% year-over-year to $8.7B in 2023.
confirmed 1 article 2024-01-11
CryptoSlam NFT sales $8.7B 2023
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, down 68% YoY; CryptoSlam says NFT sales fell 63% YoY to $8.7B in 2023
Bloomberg · 2024-01-11 · #17
OpenAI announces plans to start sharing revenue with GPT builders in Q1.
confirmed 1 article 2024-01-11
OpenAI
OpenAI debuts a GPT Store for paid users to share and find custom chatbots and plans to start sharing revenue in Q1; users have already made 3M+ chatbots so far
Bloomberg · 2024-01-11 · #22
Finn manages about 25,000 car subscriptions across Germany and the United States.
confirmed 1 article 2024-01-11
Finn 25,000 subscriptions Germany United States
Munich-based car subscription startup Finn, which manages 25K subscriptions in Germany and the US, raised a €100M Series C at a €600M post-money valuation
TechCrunch · 2024-01-11 · #31
London-based Hyperexponential raises $73M in a funding round led by Battery Ventures to support its math modeling tools for insurance pricing.
confirmed 1 article 2024-01-11
Hyperexponential Battery Ventures
London-based Hyperexponential, which offers math modeling tools to insurance companies to help price policies, raised $73M led by Battery Ventures
Reuters · 2024-01-11 · #32
Munich-based car subscription startup Finn raised a €100M Series C at a €600M post-money valuation.
confirmed 1 article 2024-01-11
Finn €100M Series C €600M post-money valuation
Munich-based car subscription startup Finn, which manages 25K subscriptions in Germany and the US, raised a €100M Series C at a €600M post-money valuation
TechCrunch · 2024-01-11 · #31
Circle Internet Financial confidentially files for a U.S. initial public offering, without disclosing the number of shares for sale or a price range.
confirmed 1 article 2024-01-11
Circle Internet Financial US IPO
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or a price range; Circle was valued at $9B in 2022
Reuters · 2024-01-11 · #7
Circle was valued at $9 billion in 2022.
confirmed 1 article 2024-01-11
Circle Internet Financial $9 billion (2022)
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or a price range; Circle was valued at $9B in 2022
Reuters · 2024-01-11 · #7
Ripple Labs reportedly plans to buy back $285 million of shares from early investors and employees at an $11.3 billion valuation, according to sources.
rumored 1 article 2024-01-11
Ripple Labs $285M shares early investors employees $11.3B valuation
Ripple Labs, the creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation
Reuters · 2024-01-11 · #9
Rabbit sold 10,000 units of the R1 AI handheld in one day.
confirmed 1 article 2024-01-11
Rabbit R1
After announcing the $199 R1 “Large Action Model” AI handheld at CES, Rabbit sold 10K units in one day; second batch orders are set to ship in April to May 2024
The Verge · 2024-01-11 · #11
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