The invasion of Ukraine by Russia has sent shockwaves throughout the globe and worsened the financial market slowdown seen in the first quarter of this year. The aftermath of the conflict has affected major economies’ efforts to recover from the pandemic, resulting in a $47 billion total invested in private companies in April 2022 – the lowest in the past 12 months.
Crunchbase data shows that April funding was down 10% month over month from $52 billion in March and 12% from $53.5 billion in April 2021.
CrunchBase analysts have outlined the following trends:
In April 2022, seed-stage companies raised $3 billion. Seed funding decreased month over month but increased by 14% year over year.
Early-stage funding hit $14.3 billion, the lowest level in 12 months.
Late-stage funding, which fluctuates the most, was flat month over month but down 19% year over year.
Some of the areas that gained investors’ attention were AI hardware, Batteries, Quantum computing, AR/VR, and others.
Funds are taking it slow on the late stage and pre-IPO deals , but early-stage investment is still robust and the vibrancy there looks set to sustain for now owing to India-dedicated VC funds that have already raised new funds and global players like Tiger Global choosing to invest in this segment versus their earlier focus on late-stage tech…All eyes are on the LIC IPO and other tech IPOs such as Delhivery to see if the sentiment changes.
Arun Nataraj,founder and MD, Venture Intelligence for TOI
Our list gathers 783 companies, selected in no particular order. Here are the names that peaked our attention.
Anthropic is an Artificial intelligence research company has raised $580 million in funding last month to support its work. Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX Trading Ltd, led the Series B round.
The word « anthropic » means involving or concerning the existence of human life, as well as the general effects of humans on their environment. Given the business works on building reliable, steerable AI systems for the future, it seems like a great way to communicate their mission.
Anthropic has secured an exact brand match domain name for their brand – Anthropic.com. Obtaining a short and memorable.com domain name, such as a dictionary term, is a critical first step in the process of building a worldwide brand.
Cavnue brings together technology and road infrastructure to help connected and autonomous cars reach their full potential. The company has recently closed a $130 million Series A funding round from Ford Motor and three other investors.
Cavnue.com is the domain name this startup has chosen to operate on. It perfectly matches their brand name, and the .com extension is what visitors intuitively lean towards when typing a web address.
Convoy is an American trucking software company founded in 2015 by Dan Lewis and Grant Goodale. Convoy has raised $1.1 billion in funding throughout 12 rounds. Their most recent funding came from a Debt Financing round on April 21, 2022.
Convoy operates on Convoy.com – an exact brand match .com domain. Investing in a .com domain name that matches their brand name ensures their brand is secure online and makes it easy for their customers, business partners, and investors to reach them.
Grover is a Berlin-based online subscription platform intended for renting tech products. The company has announced that it raised $330 million in new funding round, reaching $2 billion in funding over 16 rounds.
Grover has invested in the exact brand match Grover.com to gain a maximum of their marketing across channels and avoid security risks.
The majority of the companies on the list, 545 out of 783, have chosen to operate on the .com extension. The majority of Internet users have come to expect a company’s website to be their brand name followed by. com due to the extension’s market dominance (various statistics show that nearly 50% of all websites operate on .com), especially among major corporations.
.ai (used by 36 companies) has been associated with the popular technology term (Artificial Intelligence) and is widely adopted by tech startups along with .io (the preferred choice of 51 companies) – associated with the tech acronym IO – input/output.