In August, venture capital fundraising rounds worldwide continued to fall. According to Crunchbase News research, global venture capital dropped to $25.2 billion in August 2022, the lowest monthly funding level seen in the two years since August 2020.
Fewer startups can secure funding at any time. As a result, businesses are less likely to expand and more likely to lay off workers or even go out of business entirely.
Late-stage funding dropped 65% year over year last month. Early-stage financings are down 35% and seed by 19%.
Chinese investments rose past the market average. The two largest rounds for the whole month were both raised by Chinese companies. Energy and tech continue to be the areas with the most activities. Data center storage management, and microLED-based chip-to-chip interconnects, are some other focus areas.
Last month the leading AI-powered fresh food technology provider, Afresh, announced a $115 million Series B funding round led by Spark Capital. The funds will be used to increase the reach of the Afresh platform in both the United States and Europe and to support the development of new category offerings.
The company has chosen a perfect brand name, “Afresh,” to carry its mission to eliminate fresh food waste and increase access for all and enable transformation across the supply chain in a new, innovative way. Afresh’s investment in the premium domain name Afresh.com clearly signals the company’s dedication to establishing a solid foundation for sustainable presence and growth in the industry.
Blockify is a Bahamas-based blockchain technology company. The company recently raised $2.2 million in funding to accelerate its product launch, add various features to its platform, and expand its distributed team.
Blockify has secured the exact brand match domain name Blockify.com. Using a suffix, such as -ation, -fy, or -ing, adds a playful twist to the brand name and broadens the domain availability range, but it may be challenging to tell one brand name from another when they sound comparable (“Shopify” vs. “Spotify”).
Curbio is a technology company focusing on home renovation and assisting realtors and their customers with home preparation to improve seller profits and reduce market days.
In our Names with stories series, Olivia Mariani, VP of Marketing of Curbio has shared why they have chosen to invest in the exact brand name Curbio.com right away, what it stands for and what was the process of selecting a brand name like.
Curbio stands for “curb appeal inside and out”, which is a perfect representation of what we can do (anything on the inside or outside of a home) and what’s needed to sell a home quickly and for the best possible price (curb appeal!)
Olivia Mariani, VP of Marketing of Curbio
Lazada Group, founded in 2012, is Southeast Asia’s leading eCommerce platform. The company has raised $5.5 billion in funding over 11 rounds.
Lazada’s logo has undergone three changes, the most recent of which was in 2019. The current logo features a stylized heart in a color gradient from pink to orange.
The design symbolizes the core of Lazada’s business and how it may evolve and behave in many ways. Lazada Group has invested in the valuable exact brand match domain name Lazada.com since it perfectly reflects the company’s global goals and leading marketing position.
Founded in 2019, Vori is a digital B2B inventory management platform optimizing the grocery supply chain. In August, the company raised $10 million in Series A funding to transform grocery store inventory management.
At Vori we believe in using technology to ensure communities have access to the goods they need – starting with food. To accomplish this, the playing field between small businesses and the mega corporations needs to be leveled,” “This investment will allow us to expand our team and product to better meet the growing needs of the grocery industry, and to help our customers manage their supply chains, optimize labor, and keep up with evolving market trends and consumer needs.
Brandon Hill, CEO & Co-founder of Vori
The premium CVCV exact brand match domain name Vori.com is a valuable asset of the company as it’s short, easy to pronounce, and communicates a high level of trust to customers, investors, and partners.
Our list includes a range of extensions that IT organizations choose because of their availability and resemblance to well-known tech terms and .io (input/output) is used by 38 companies, followed by .ai (33) and .tech (5)
4 entries use .health extension, introduced in 2017 and quickly became a preferred choice by health-related organizations.
Dashes are used in 16 names on the list. When you add hyphens and numbers to your domain name, it becomes more difficult to type and voice search.