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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 →
MobiKwik's shares surged as much as 82% on their trading debut.
confirmed 1 article 2024-12-18
MobiKwik shares
MobiKwik's shares surged as much as 82% on their trading debut, after the Indian digital payments firm, which claims to have 161M users, raised $69M in its IPO
TechCrunch · 2024-12-18 · #33
MobiKwik raised $69M in its IPO.
confirmed 1 article 2024-12-18
MobiKwik $69M
MobiKwik's shares surged as much as 82% on their trading debut, after the Indian digital payments firm, which claims to have 161M users, raised $69M in its IPO
TechCrunch · 2024-12-18 · #33
NYC-based Precision Neuroscience, a maker of brain-computer interfaces, raised a $102M Series C led by General Equity Holdings at an approximately $500M post-money valuation.
confirmed 1 article 2024-12-18
Precision Neuroscience General Equity Holdings
NYC-based Precision Neuroscience, a maker of brain-computer interfaces, raised a $102M Series C led by General Equity Holdings at a ~$500M post-money valuation
Financial Times · 2024-12-18 · #35
As the AI industry booms, non-AI startups that raised a Series A ~18 months ago are likely facing difficulty securing a Series B even with solid revenue growth.
rumored 1 article 2024-12-18
non-AI startups that raised a Series A 18 months ago Series B AI industry boom
As the AI industry booms, non-AI startups that raised a Series A 18 months ago are likely facing challenges in raising a Series B, even with good revenue growth
TechCrunch · 2024-12-18 · #39
Masayoshi Son pledged a $100 billion AI investment to Donald Trump.
confirmed 1 article 2024-12-18
Masayoshi Son Donald Trump $100 billion AI investment
Masayoshi Son's $100B AI investment pledge to Trump would require a massive fundraising effort, new debt, or selling some of SoftBank's holdings to raise cash
Wall Street Journal · 2024-12-18 · #31
Sony, Nintendo, and Capcom have seen double-digit stock returns since Trump's victory.
confirmed 1 article 2024-12-18
Sony Nintendo Capcom
Analysis: as uncertainty looms over Japan's China-dependent chipmaking stocks, Sony, Nintendo, and Capcom have seen double-digit returns since Trump's victory
Bloomberg · 2024-12-18 · #28
Bureau, which offers tools to prevent user identity fraud, reportedly raised a $30M Series B led by Sorenson Capital at an approximately $150M valuation.
rumored 1 article 2024-12-18
Bureau Sorenson Capital
Bureau, which offers tools to prevent user identity fraud, raised a $30M Series B led by Sorenson Capital, a source says at a ~$150M valuation
Reuters · 2024-12-18 · #27
Yinwang has a $16 billion valuation.
confirmed 1 article 2024-12-18
Yinwang $16B
A look at Huawei subsidiary Yinwang, which sells hardware and software to carmakers, has a $16B valuation, and more than doubled its revenue to ~$655M in 2023
Financial Times · 2024-12-18 · #21
Most of Hitachi's revenues and employees are located overseas.
confirmed 1 article 2024-12-18
Hitachi majority of revenues overseas majority of employees overseas
A profile of 114-year-old Japanese conglomerate Hitachi, whose market cap recently hit $100B after becoming an industrial software and hardware provider
Financial Times · 2024-12-18 · #19
Yinwang more than doubled its revenue to roughly $655 million in 2023.
confirmed 1 article 2024-12-18
Yinwang ~$655M (2023)
A look at Huawei subsidiary Yinwang, which sells hardware and software to carmakers, has a $16B valuation, and more than doubled its revenue to ~$655M in 2023
Financial Times · 2024-12-18 · #21
Kioxia's shares rose over 6% on its first day of trading in Tokyo, giving the company an approximately $5.2B market capitalization.
confirmed 1 article 2024-12-18
Kioxia Tokyo Stock Exchange
Kioxia's shares rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018
Financial Times · 2024-12-18 · #22
Hitachi's market capitalization recently reached $100 billion.
confirmed 1 article 2024-12-18
Hitachi $100B
A profile of 114-year-old Japanese conglomerate Hitachi, whose market cap recently hit $100B after becoming an industrial software and hardware provider
Financial Times · 2024-12-18 · #19
Uncertainty is looming over Japanese chipmaking stocks that are dependent on China.
confirmed 1 article 2024-12-18
Japan's China-dependent chipmaking stocks
Analysis: as uncertainty looms over Japan's China-dependent chipmaking stocks, Sony, Nintendo, and Capcom have seen double-digit returns since Trump's victory
Bloomberg · 2024-12-18 · #28
Funding the $100 billion AI pledge would require a massive fundraising effort, new debt, or selling some of SoftBank's holdings to raise cash.
confirmed 1 article 2024-12-18
Masayoshi Son SoftBank $100 billion AI investment SoftBank's holdings
Masayoshi Son's $100B AI investment pledge to Trump would require a massive fundraising effort, new debt, or selling some of SoftBank's holdings to raise cash
Wall Street Journal · 2024-12-18 · #31
Kioxia's IPO market cap of roughly $5.2B is far below the $18B the Bain-led group paid for the company in 2018.
confirmed 1 article 2024-12-18
Kioxia Bain-led group
Kioxia's shares rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018
Financial Times · 2024-12-18 · #22
Beehiiv generates approximately $1.6M to $1.75M in monthly revenue.
confirmed 1 article 2024-12-18
Beehiiv
A profile of Tyler Denk, co-founder of newsletter platform Beehiiv, which raised a $33M Series B in April 2024 and generates $1.6M to $1.75M in monthly revenue
Inc · 2024-12-18 · #17
Beehiiv raised a $33M Series B funding round in April 2024.
confirmed 1 article 2024-12-18
Beehiiv
A profile of Tyler Denk, co-founder of newsletter platform Beehiiv, which raised a $33M Series B in April 2024 and generates $1.6M to $1.75M in monthly revenue
Inc · 2024-12-18 · #17
Vultr raises $333M in its first outside funding round led by LuminArx, with participation from AMD and other investors, at a $3.5B valuation.
confirmed 1 article 2024-12-18
Vultr LuminArx AMD other investors
Data center operator Vultr raised $333M led by LuminArx, with participation from AMD and others, at a $3.5B valuation, its first outside funding round
Wall Street Journal · 2024-12-18 · #18
Instagram is expected to account for about 50% of Meta's ad sales in 2025.
rumored 1 article 2024-12-18
Instagram Meta
eMarketer expects Instagram to hit $32B in US ad revenue in 2025, or 50% of Meta's ad sales; filings: Instagram was ~30% of Meta's global business in early 2022
Bloomberg · 2024-12-18 · #10
eMarketer projects Instagram will generate $32 billion in US ad revenue in 2025.
rumored 1 article 2024-12-18
eMarketer Instagram US ad revenue
eMarketer expects Instagram to hit $32B in US ad revenue in 2025, or 50% of Meta's ad sales; filings: Instagram was ~30% of Meta's global business in early 2022
Bloomberg · 2024-12-18 · #10
SandboxAQ raised $300M from investors including Alger and Yann LeCun at a $5.6B valuation to recruit more engineers.
confirmed 1 article 2024-12-18
SandboxAQ Alger Yann LeCun $300M $5.6B valuation
SandboxAQ, which aims to apply quantum tech and techniques to AI, raised $300M from Alger, Yann LeCun, and others at a $5.6B valuation to recruit more engineers
Bloomberg · 2024-12-18 · #15
LuminArx leads a $333M funding round investing in data center operator Vultr.
confirmed 1 article 2024-12-18
LuminArx Vultr
Data center operator Vultr raised $333M led by LuminArx, with participation from AMD and others, at a $3.5B valuation, its first outside funding round
Wall Street Journal · 2024-12-18 · #18
The Jetson Orin Nano Super Developer Kit is priced at $249, compared with the $499 price of the previous-generation kit.
confirmed 1 article 2024-12-18
Nvidia Jetson Orin Nano Super Developer Kit
Nvidia unveils Jetson Orin Nano Super Developer Kit, a $249 compact AI development board that promises 67 TOPS, compared to 40 TOPS of the $499 last-gen kit
Tom's Hardware · 2024-12-18 · #5
TP-Link reportedly holds an estimated 65% U.S. router market share.
rumored 1 article 2024-12-18
TP-Link U.S. market
Sources: US officials are investigating Chinese router maker TP-Link, which has an estimated 65% US market share, and could ban the sale of its routers in 2025
Wall Street Journal · 2024-12-18 · #1
AMD's investment in Vultr is part of its effort to make inroads in the AI chip market dominated by Nvidia.
confirmed 1 article 2024-12-18
AMD AI chip market
Data center operator Vultr raised $333M led by LuminArx, with participation from AMD and others, at a $3.5B valuation, its first outside funding round
Wall Street Journal · 2024-12-18 · #18
Reddit's internal data shows a 35% year-over-year increase in engagement across more than 1,000 sports-themed Subreddits in 2024.
confirmed 1 article 2024-12-18
Reddit sports-themed Subreddits
A look at Reddit's growth in sports fan communities; internal data: Reddit recorded a 35% YoY increase in engagement in 1,000+ sports-themed Subreddits in 2024
Digiday · 2024-12-18 · #32
Beijing-based AI startup Zhipu raised $412M, according to Bloomberg.
confirmed 1 article 2024-12-17
Zhipu $412M
Beijing-based AI startup Zhipu, which aims to make services tailored to the China market, raised $412M, after raising $400M at a ~$3B valuation in May 2024
Bloomberg · 2024-12-17 · #31
Agave Games, the Turkish developer of Find the Cat (10M+ downloads since its August 2024 release), raised an $18M Series A at a $100M valuation.
confirmed 1 article 2024-12-17
Agave Games
Turkish startup Agave Games, developer of Find the Cat, which has 10M+ downloads since its August 2024 release, raised an $18M Series A at a $100M valuation
TechCrunch · 2024-12-17 · #30
Zhipu previously raised $400M at an approximately $3B valuation in May 2024.
confirmed 1 article 2024-12-17
Zhipu $400M ~$3B valuation May 2024
Beijing-based AI startup Zhipu, which aims to make services tailored to the China market, raised $412M, after raising $400M at a ~$3B valuation in May 2024
Bloomberg · 2024-12-17 · #31
Pune-based industrial AI startup Haber raises $44M Series C (including $38M equity and $6M debt) led by Creaegis, BEENEXT, and Accel.
confirmed 1 article 2024-12-17
Haber Creaegis BEENEXT Accel
Pune, India-based industrial AI startup Haber raised a $44M Series C, including $38M in equity and $6M in debt, led by Creaegis, BEENEXT, and Accel
FinSMEs · 2024-12-17 · #32
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