SA国际传媒

Startups Venture

Bolt Strikes Twice, Drones Fly Solo, And A Dive Into Q2 Global VC Report

Welcome to the SA国际传媒 News Weekend Update. An email form of this post went out Saturday morning. Happy reading!

So, Bolt struck twice this week, and聽. Let me explain.

Two startups, both named Bolt, both working on widely different products from ride-hailing to the checkout process, announced they raised roughly around the same amount of money at roughly the same amount of time. For more, read聽here听补苍诲 .

Want this email every weekend? Subscribe here to SA国际传媒 News emails!聽

Beyond realizing that Bolt appears to be a聽听补苍诲聽that founders might be getting lazy, I thought this example serves as an ironic anecdote into our flagship story this week:聽the Q2 global venture capital report.

In our quarterly report,聽聽used SA国际传媒 data and projections to learn more about deal and dollar volume in venture capital, uncovering data around most active lead investors and how angel investment is looking, globally. Come for the bullish and bearish findings, and stay for the charts.

For more quarterly coverage, read Joanna鈥檚 report on聽North America鈥檚 venture activity聽(which is flat) and if the boom of funding into聽construction tech has slowed after a peak. We also took a look at聽Texas鈥 last quarter, and how聽China went from number one in venture volume, to not that.

Up next week,聽听补苍诲 I will be publishing a report on how the past few months have played out for female-founded companies at every stage of investment.

Until then, peek at one smart woman in tech鈥檚 story in the most recent edition of Proust Goes Tech. This week, I spoke to Lolita Taub, who recently left Backstage Capital to join an artificial intelligence startup as its chief of staff.

The week also had its fair share of funding news. Clara, which聽wants to help startups with legal advice, launched with $2 million in seed funding from investors like 500 Startups and TechStars, and Exyn raised $16 million for a Series A to help fly its pilotless drones under the radar, literally;聽three cancer drug developers secured over $500 million; Sonder raising $210 million to become聽hospitality’s latest unicorn; and Argo AI grabbed $2.6 billion in an聽on-brand move to fuel its autonomous driving efforts.

While our coverage focuses a lot on startups and their data, Mary Ann reminds us that it鈥檚 important to remember the heart of most communities: the mom and pop businesses. Read her聽break down on startups helping local businesses thrive, then go to your nearest non-chain coffee shop, grab a mug for-here, don鈥檛 tweet about it, and pat yourself on the back for all of the above.

Until next time,

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