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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 →
Anysphere reportedly raised a $100M Series B round at a $2.6B valuation.
rumored 1 article 2024-12-20
Anysphere
Sources: Anysphere, developer of GitHub Copilot rival Cursor, raised a $100M Series B at a $2.6B valuation, up from a $400M valuation in August 2024
TechCrunch · 2024-12-20 · #23
Smithers says next year will be 'one of the greatest' for video games.
confirmed 1 article 2024-12-20
Smithers video games 2025
Sony's shares in Japan surged 50%+ from an August low to reach its new all-time high since 2000 last week, as investors are bullish on its gaming growth in 2025
Bloomberg · 2024-12-20 · #8
Ōura reports more than 2.5 million total rings sold.
confirmed 1 article 2024-12-19
Ōura 2.5M+ rings sold (cumulative)
Smart ring maker Ōura raised a $200M Series D from Fidelity and Dexcom at a $5.2B valuation and says sales doubled in 2024 to ~$500M with 2.5M+ total rings sold
Financial Times · 2024-12-19 · #28
US finalizes $500M in loans to SK Hynix to help build a $3.87B chip packaging facility in Indiana.
confirmed 1 article 2024-12-19
United States SK Hynix chip packaging facility in Indiana
The US finalizes a $458M grant for SK Hynix under the CHIPS Act and $500M in loans to build a $3.87B chip packaging facility in Indiana
Bloomberg · 2024-12-19 · #31
SK Hynix will build a $3.87B chip packaging facility in Indiana, supported by US grants and loans.
confirmed 1 article 2024-12-19
SK Hynix chip packaging facility in Indiana
The US finalizes a $458M grant for SK Hynix under the CHIPS Act and $500M in loans to build a $3.87B chip packaging facility in Indiana
Bloomberg · 2024-12-19 · #31
Sources report Chime confidentially filed for a US IPO, aiming to go public in 2025.
rumored 1 article 2024-12-19
Chime
Sources: neobank Chime confidentially files for a US IPO, aiming to go public in 2025; Chime had a $25B valuation in August 2021
Bloomberg · 2024-12-19 · #23
Chime was last valued at $25 billion in August 2021.
confirmed 1 article 2024-12-19
Chime
Sources: neobank Chime confidentially files for a US IPO, aiming to go public in 2025; Chime had a $25B valuation in August 2021
Bloomberg · 2024-12-19 · #23
More than 40 Indian startups completed IPOs in 2024, an 80% year-over-year increase, according to Tracxn.
confirmed 1 article 2024-12-19
Indian startups 40+ startups
Tracxn: Indian startup funding rounds fell 32% YoY to 1,448 in 2024, but overall funding rose 6% YoY to $11.3B; 40+ startups completed IPOs, up 80% YoY
TechCrunch · 2024-12-19 · #22
Overall funding for Indian startups rose 6% year-over-year to $11.3 billion in 2024, according to Tracxn.
confirmed 1 article 2024-12-19
Indian startups $11.3B
Tracxn: Indian startup funding rounds fell 32% YoY to 1,448 in 2024, but overall funding rose 6% YoY to $11.3B; 40+ startups completed IPOs, up 80% YoY
TechCrunch · 2024-12-19 · #22
Ōura raises $200M Series D from Fidelity and Dexcom at a $5.2B valuation.
confirmed 1 article 2024-12-19
Ōura Fidelity Dexcom $200M Series D $5.2B valuation
Smart ring maker Ōura raised a $200M Series D from Fidelity and Dexcom at a $5.2B valuation and says sales doubled in 2024 to ~$500M with 2.5M+ total rings sold
Financial Times · 2024-12-19 · #28
Alphabet's shares rose about 30% from a September 2024 low.
confirmed 1 article 2024-12-19
Alphabet
Analysis: Alphabet's shares have jumped about 30% from a September 2024 low, with a chunk of those gains coming after Google unveiled its Willow quantum chip
Bloomberg · 2024-12-19 · #35
Ōura says sales doubled in 2024 to approximately $500M.
confirmed 1 article 2024-12-19
Ōura ~$500M (2024 sales)
Smart ring maker Ōura raised a $200M Series D from Fidelity and Dexcom at a $5.2B valuation and says sales doubled in 2024 to ~$500M with 2.5M+ total rings sold
Financial Times · 2024-12-19 · #28
Decart reportedly raised a $32M Series A, according to sources.
rumored 1 article 2024-12-19
Decart
Decart, which helps organizations train AI models at scale, raised a $32M Series A, sources say at a $500M+ valuation, after a $21M seed in October 2024
TechCrunch · 2024-12-19 · #16
The global wrist-worn device market shipped 139.0 million units in the first nine months of 2024.
confirmed 1 article 2024-12-19
global wrist-worn device market 139.0 million units first nine months of 2024
Global shipments of wrist-worn wearables hit 139M units in the first nine months of 2024, down 1% YoY; China was the largest market with 45.8M units, up 20% YoY
IDC · 2024-12-19 · #7
Sources say Decart's Series A values the company at $500M+.
rumored 1 article 2024-12-19
Decart
Decart, which helps organizations train AI models at scale, raised a $32M Series A, sources say at a $500M+ valuation, after a $21M seed in October 2024
TechCrunch · 2024-12-19 · #16
Decart raised a $21M seed round in October 2024.
confirmed 1 article 2024-12-19
Decart
Decart, which helps organizations train AI models at scale, raised a $32M Series A, sources say at a $500M+ valuation, after a $21M seed in October 2024
TechCrunch · 2024-12-19 · #16
Global wrist-worn device shipments declined 1.0% year-over-year in the first nine months of 2024.
confirmed 1 article 2024-12-19
global wrist-worn device market -1.0% YoY
Global shipments of wrist-worn wearables hit 139M units in the first nine months of 2024, down 1% YoY; China was the largest market with 45.8M units, up 20% YoY
IDC · 2024-12-19 · #7
Truth Terminal's crypto wallet swelled to approximately $40M after boosting memecoins.
confirmed 1 article 2024-12-19
Truth Terminal ~$40M memecoins
A look at Truth Terminal, an AI bot on X that was created to spark debate about AI alignment, as its crypto wallet swells to ~$40M after boosting memecoins
Wired · 2024-12-19 · #17
China's wrist-worn device shipments rose 20% year-over-year in the first nine months of 2024.
confirmed 1 article 2024-12-19
China +20% YoY
Global shipments of wrist-worn wearables hit 139M units in the first nine months of 2024, down 1% YoY; China was the largest market with 45.8M units, up 20% YoY
IDC · 2024-12-19 · #7
The DOGE initiative reportedly seeks to cut government spending and reduce government size.
rumored 1 article 2024-12-19
DOGE initiative government spending government size
Sources: Elon Musk taps Steve Davis, who oversaw Twitter's cost-cutting, former US CTO Michael Kratsios, and others to interview potential DOGE candidates
Bloomberg · 2024-12-19 · #20
China was the largest market for wrist-worn devices with 45.8 million units in the first nine months of 2024.
confirmed 1 article 2024-12-19
China global wrist-worn device market 45.8 million units
Global shipments of wrist-worn wearables hit 139M units in the first nine months of 2024, down 1% YoY; China was the largest market with 45.8M units, up 20% YoY
IDC · 2024-12-19 · #7
Steve Davis oversaw Twitter's cost-cutting efforts.
confirmed 1 article 2024-12-19
Steve Davis Twitter
Sources: Elon Musk taps Steve Davis, who oversaw Twitter's cost-cutting, former US CTO Michael Kratsios, and others to interview potential DOGE candidates
Bloomberg · 2024-12-19 · #20
Micron's stock (ticker MU) drops more than 15% following the below-estimate Q2 revenue forecast.
confirmed 1 article 2024-12-19
Micron MU 15%+
Micron reports Q1 revenue up 84% YoY to $8.71B, in line with est., and a Q2 revenue forecast below est. due to sluggish phone and PC demand; MU drops 15%+
Bloomberg · 2024-12-19 · #39
El Salvador will scale back its bitcoin efforts as part of conditions tied to a $1.4B IMF loan agreement.
confirmed 1 article 2024-12-19
El Salvador IMF $1.4B loan bitcoin efforts
El Salvador plans to scale back its bitcoin efforts under an IMF deal for a $1.4B loan; bitcoin acceptance will no longer be mandatory for the private sector
Decrypt · 2024-12-19 · #37
Micron reports Q1 revenue of $8.71B, up 84% year-over-year, which was in line with estimates.
confirmed 1 article 2024-12-19
Micron Q1 revenue: $8.71B up 84% YoY in line with estimates
Micron reports Q1 revenue up 84% YoY to $8.71B, in line with est., and a Q2 revenue forecast below est. due to sluggish phone and PC demand; MU drops 15%+
Bloomberg · 2024-12-19 · #39
Avara's Lens secures a $31M strategic raise to fund the development and expansion of its SocialFi-focused L2 blockchain.
confirmed 1 article 2024-12-19
Lens Avara Lightspeed Faction $31M
Lens, a high-performance layer-2 blockchain developed by Avara for consumer apps, raised $31M led by Lightspeed Faction, and plans to launch Lens v3 in Q1 2025
TechCrunch · 2024-12-19 · #36
Lightspeed Faction (FactionVC) led a $31M funding round for Avara's Lens network.
confirmed 1 article 2024-12-19
Lightspeed Faction Lens $31M
Lens, a high-performance layer-2 blockchain developed by Avara for consumer apps, raised $31M led by Lightspeed Faction, and plans to launch Lens v3 in Q1 2025
TechCrunch · 2024-12-19 · #36
Micron issues a Q2 revenue forecast below estimates, citing sluggish phone and PC demand as the reason.
confirmed 1 article 2024-12-19
Micron Q2 revenue forecast sluggish phone demand sluggish PC demand
Micron reports Q1 revenue up 84% YoY to $8.71B, in line with est., and a Q2 revenue forecast below est. due to sluggish phone and PC demand; MU drops 15%+
Bloomberg · 2024-12-19 · #39
Global consumer spending in mobile apps on the App Store and Google Play rose 15.7% year‑over‑year to $127.3B in 2024 (per Appfigures).
confirmed 1 article 2024-12-19
Global consumer spending in mobile apps App Store Google Play
Appfigures: global consumer spending in mobile apps on the App Store and Google Play rose 15.7% YoY to $127.3B in 2024, but app downloads dropped 2.3% to 109.7B
TechCrunch · 2024-12-19 · #14
Indian startups completed 1,448 funding rounds in 2024, a 32% year-over-year decline, according to Tracxn.
confirmed 1 article 2024-12-19
Indian startups
Tracxn: Indian startup funding rounds fell 32% YoY to 1,448 in 2024, but overall funding rose 6% YoY to $11.3B; 40+ startups completed IPOs, up 80% YoY
TechCrunch · 2024-12-19 · #22
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