Bolsters Advisory

🇺🇸 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐆𝐏𝐬 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐂𝐚𝐩𝐭𝐮𝐫𝐞 𝐌𝐚𝐣𝐨𝐫𝐢𝐭𝐲 𝐒𝐡𝐚𝐫𝐞 𝐢𝐧 𝐕𝐂 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 ⏳ 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐧𝐚𝐠𝐞𝐫𝐬 𝐔𝐧𝐝𝐞𝐫 𝐏𝐫𝐞𝐬𝐬𝐮𝐫𝐞: First-time and smaller funds face prolonged timelines and tighter funding, with many GPs delaying their next raise and fundraising cycles extending beyond 14 months. 📊 𝐒𝐢𝐳𝐞 𝐯𝐬. 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞: Funds of $500M+ now represent 69.9% of capital raised in 2024, signaling a shift toward larger funds managed by established GPs. As investor caution grows, experienced managers emerge as the preferred choice, aligning with a ‘safer bet’ mindset in today’s market. #VentureCapital #USVC #VCFunding #PrivateEquity #EmergingManagers #CapitalRaise #GPs #Funding

🌍 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐮𝐫𝐠𝐞 𝐢𝐧 𝐏𝐄 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐚𝐦𝐢𝐧𝐠 𝐒𝐞𝐜𝐭𝐨𝐫 🎮 2024 marks a pivotal year as PE capital flows surge into the gaming industry worldwide, breaking a decade-long record in deal value: 🔹 $8.5B invested across 26 deals—highest in 10+ years. 🔹 Key transactions include EQT Group, CPP Investments | Investissements RPC, and Temasek’s acquisition of Keywords Studios in Ireland. 🔹 New funds launched this year include Andreessen Horowitz’s $600M gaming allocation and Griffin Gaming Partners’ third fund. The capital surge highlights gaming as a key frontier for PE—though exit activity remains below pre-2024 levels, signaling a hold strategy for GPs. #Gaming #PrivateEquity #PEInvestments #VentureCapital #Global

🌱 Bowery Farming 𝐒𝐡𝐮𝐭𝐬 𝐃𝐨𝐰𝐧 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐀𝐦𝐢𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 🌱 NY-based, Bowery Farming, once a leader in the indoor agriculture space, has ceased operations following unsuccessful attempts to secure funding or a buyer. This New York-based agtech startup, backed by major players like General Catalyst, GV (Google Ventures), Temasek, and Fidelity Investments, made waves by partnering with chains like Whole Foods Market, 𝐀𝐦𝐚𝐳𝐨𝐧 𝐅𝐫𝐞𝐬𝐡, and Albertsons to bring indoor-grown produce to consumers. 𝐇𝐞𝐫𝐞’𝐬 𝐚 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧 𝐨𝐟 𝐰𝐡𝐚𝐭 𝐡𝐚𝐩𝐩𝐞𝐧𝐞𝐝: 🔸 𝐓𝐨𝐭𝐚𝐥 𝐕𝐂 𝐑𝐚𝐢𝐬𝐞𝐝: $700M, backed by major VCs and celebrities like Justin Timberlake, Natalie Portman, and Lewis Hamilton. 🔸 𝐏𝐞𝐚𝐤 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: Once at $2.3 billion, with its last raise in October 2024 valued at $944 million. 🔸 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐂𝐞𝐚𝐬𝐞𝐝: All Bowery employee sites and indoor farming facilities have been shuttered, with layoffs effective immediately. 🔸 𝐒𝐞𝐜𝐭𝐨𝐫 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: The indoor farming space has struggled recently, with similar players like AeroFarms, AppHarvest, and Kalera also facing bankruptcies amid rising energy costs and a decline in VC investment. 🔸 𝐋𝐚𝐬𝐭𝐢𝐧𝐠 𝐈𝐦𝐩𝐚𝐜𝐭𝐬: After attempting to slow cash burn with layoffs and project delays, Bowery Farming ultimately could not overcome the financial obstacles in an industry where energy costs remain high and scaling demands intense capital. 💼 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐀𝐠𝐭𝐞𝐜𝐡 & 𝐕𝐂: 🔹 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭 𝐒𝐡𝐢𝐟𝐭: Investors may reconsider high-capital, energy-intensive agtech startups as the current economic climate favors capital efficiency. 🔹 𝐀𝐠𝐭𝐞𝐜𝐡 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: With continued pressures, the need for disruptive yet sustainable innovation in agriculture remains, but this setback may reshape how VCs evaluate and support these ventures. #Agtech #IndoorFarming #VentureCapital #BoweryFarming #AgTechInnovation #SustainableAgriculture #VCInsights #StartupFunding https://lnkd.in/d4_Z4bkm

🇺🇸 𝐔.𝐒. 𝐓𝐢𝐠𝐡𝐭𝐞𝐧𝐬 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐑𝐮𝐥𝐞𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐓𝐞𝐜𝐡 🇨🇳 The Biden administration is finalizing rules to limit U.S. investments in certain Chinese tech sectors that could impact national security, including: 🔸 𝐀𝐈 𝐚𝐧𝐝 𝐐𝐮𝐚𝐧𝐭𝐮𝐦 𝐂𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠 🔸 𝐒𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫𝐬 & 𝐌𝐢𝐜𝐫𝐨𝐞𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 🔸 𝐂𝐮𝐭𝐭𝐢𝐧𝐠-𝐞𝐝𝐠𝐞 𝐦𝐢𝐥𝐢𝐭𝐚𝐫𝐲 𝐚𝐧𝐝 𝐜𝐲𝐛𝐞𝐫 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 2, 2025, these rules will be overseen by the Treasury’s new 𝐎𝐟𝐟𝐢𝐜𝐞 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 to help ensure U.S. investments don’t support adversarial advancements in military, intelligence, or surveillance tech. 💼 𝐖𝐡𝐚𝐭 𝐭𝐡𝐢𝐬 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥: These rules not only reflect growing security concerns but also create a ripple effect for VC investors: 🔹 𝐓𝐢𝐠𝐡𝐭𝐞𝐫 𝐒𝐜𝐫𝐞𝐞𝐧𝐢𝐧𝐠: Limited access to emerging Chinese technologies could reduce exposure to growth in AI and quantum computing from China, where rapid advancements have caught global attention. 🔹 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐚𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: VCs might need to shift more investments toward regions with aligned interests to ensure compliance, potentially accelerating domestic innovation efforts. 🔹 𝐃𝐮𝐞 𝐃𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞 𝐑𝐢𝐬𝐞𝐬: Compliance requirements may necessitate deeper due diligence on portfolio companies' end-use cases, especially in tech fields with cross-border implications. 🌐 𝐁𝐫𝐨𝐚𝐝𝐞𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 & 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: This policy forms part of a larger U.S. strategy to maintain technological edge while reducing dependency on Chinese supply chains. As China and the U.S. expand tech and trade restrictions, expect potential shifts in global VC strategies with the increased urgency to innovate locally. #VentureCapital #USVC #USChinaRelations #AI #QuantumComputing #TechPolicy #InvestmentStrategy #EmergingTech #DomesticInnovation #VCTrends #GlobalEconomy #TechInvestments #Compliance https://lnkd.in/gS4UFYmt

🚀 𝐒𝐢𝐞𝐫𝐫𝐚 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐑𝐞𝐚𝐜𝐡𝐞𝐬 $4.5𝐁 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧, 𝐚 4.5𝐱 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐫𝐨𝐦 𝐄𝐚𝐫𝐥𝐢𝐞𝐫 𝐓𝐡𝐢𝐬 𝐘𝐞𝐚𝐫 Silicon Valley-based, Sierra Technologies, the AI startup co-founded by OpenAI Chairman Bret Taylor and ex-𝐀𝐥𝐩𝐡𝐚𝐛𝐞𝐭 executive Clay Bavor, has secured $175M in a funding round led by Greenoaks Capital. This recent round values the company at $4.5B, a substantial leap from its $1B valuation earlier this year. 🔎 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 Founded in 2023, Sierra Technologies aims to redefine customer service with AI-driven solutions designed to elevate brand interaction. Already serving clients like Casper and ADT Inc., Sierra’s AI agents offer customizable, empathetic interactions that align with each brand’s unique personality. 🔹 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐀𝐈 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Going beyond traditional “chatbots” to deliver a conversational and brand-aligned experience 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐜𝐮𝐬: Retail, security, and beyond – creating scalable solutions for any industry 🔹 𝐓𝐞𝐜𝐡 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: Proprietary “constellation” model architecture for greater accuracy and reliability 💰 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐑𝐨𝐮𝐧𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 💵 𝐀𝐦𝐨𝐮𝐧𝐭: $175M 🏢 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $4.5B (up from $1B in January) 💼 𝐊𝐞𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: Greenoaks, Thrive Capital, Iconiq Capital 📅 𝐃𝐚𝐭𝐞: October 2024 🛠 𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐖𝐢𝐥𝐥 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 🔹 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧: Aiming to serve clients in new international markets 🔹 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Enhancing conversational AI to maximize brand compatibility and engagement 🔹 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐆𝐫𝐨𝐰𝐭𝐡: Integrating with brands across sectors to strengthen their customer service capabilities 📊 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 & 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 Sierra has surpassed $20M in annualized revenue, underscoring demand for advanced AI solutions as companies seek to improve customer experience. 🔎 𝐕𝐂 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 & 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 With ex-OpenAI executives, like Mira Murati and Ilya Sutskever, also entering the market, Sierra’s success reflects a larger shift in the AI startup ecosystem. Investors are actively channeling resources into companies shaping AI’s future—especially those focused on real-world applications in customer service, security, and productivity. #SiliconValley #VentureCapital #AI #SierraTechnologies #TechInnovation #VCFunding #CustomerExperience #Q42024 #AIFuture #StartupFunding https://lnkd.in/dBd9NzTM

🚀 𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧𝐬 𝐇𝐢𝐭 𝐚𝐧 𝐀𝐥𝐥-𝐓𝐢𝐦𝐞 𝐇𝐢𝐠𝐡 🦄 🚀 With 𝐀𝐈 setting the pace in venture, Q3 2024 saw mega-deals that underscore this trend. Notably: 🔹 Anduril Industries: Raised a $1.5B Series F at a $12.5B pre-money valuation, using AI to transform defense tech and weapons systems. 🔹 Safe Superintelligence: Secured $1B in its first round, valuing the AI research startup at $4B pre-money. #SiliconValley #USVC #VentureCapital #UnicornValuations #Q32024 #AIInvesting #StartupFunding #MegaDeals #InvestmentTrends

🚀 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐚𝐭𝐚𝐥𝐲𝐬𝐭’𝐬 $8 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐞: 𝐓𝐡𝐞 𝐋𝐚𝐫𝐠𝐞𝐬𝐭 𝐕𝐂 𝐑𝐚𝐢𝐬𝐞 𝐢𝐧 2 𝐘𝐞𝐚𝐫𝐬 General Catalyst (GC)has set a new benchmark for venture capital by raising an impressive $8 billion—the largest fund seen in two years. 𝐇𝐞𝐫𝐞’𝐬 𝐭𝐡𝐞 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧 𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐢𝐭 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐞𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐕𝐂 𝐞𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦: 💰 𝐅𝐮𝐧𝐝 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧 & 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 🔹 $4.5B – 𝐂𝐨𝐫𝐞 𝐕𝐂 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬, this funding supports a range of startups, from early-stage (Ignition) to growth-stage (Endurance) companies, focusing on industries where digital transformation and resilience play essential roles. 🔹 $1.5B – 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧 𝐅𝐮𝐧𝐝 which supports repeat founders and venture buyouts. 🔹 $2B – 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐚𝐧𝐝 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬, focusing on groundbreaking technologies, SMAs fuel cutting-edge advancements, especially in AI, climate solutions, and healthcare. ❗ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐅𝐨𝐜𝐮𝐬 𝐀𝐫𝐞𝐚𝐬 🔹 𝐀𝐈 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 – Recent investments in AI, such as Mistral AI, align with GC’s mission to support disruptive tech in foundational fields. 🔹 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 – Backing tech solutions to reimagine healthcare delivery and efficiency. 🔹 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐀𝐜𝐭𝐢𝐨𝐧 – Prioritizing projects that support sustainable practices and climate resilience. ⏮ 𝐀 𝐇𝐢𝐬𝐭𝐨𝐫𝐲 𝐨𝐟 𝐁𝐨𝐥𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: GC's portfolio includes industry pioneers like Stripe, Ro, Snap Inc., and defense-focused Helsing. As an early backer of Mistral AI, GC has also been instrumental in the AI surge, co-investing alongside leading AI names like OpenAI. 🔎 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐕𝐂 𝐒𝐞𝐜𝐭𝐨𝐫 As VC funding leans toward trusted firms with larger-scale impact potential, GC’s $8B raise reflects a shift toward mega-funds. W𝐢𝐭𝐡 𝐨𝐯𝐞𝐫 40 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐫𝐚𝐢𝐬𝐢𝐧𝐠 𝐮𝐩𝐰𝐚𝐫𝐝𝐬 𝐨𝐟 $40 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2024 𝐚𝐥𝐨𝐧𝐞, large VC firms are stepping up to solve the world’s biggest challenges. #VentureCapital #GeneralCatalyst #Innovation #TechInvesting #Healthcare #AI #ClimateTech #MegaFunds #StartupFunding #InvestmentStrategy #ImpactInvesting #GlobalExpansion #Entrepreneurship #FundingTrends # https://lnkd.in/dyKvehUv

Generative AI continues to heat up as Perplexity AI eyes a $500M raise, aiming to more than double its valuation to $8B+

📈 𝐏𝐞𝐫𝐩𝐥𝐞𝐱𝐢𝐭𝐲 𝐀𝐈 𝐄𝐲𝐞𝐬 $8𝐁+ 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 $500𝐌 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐞 🚀 Perplexity 𝐀𝐈, a Silicon Valley-based AI search engine startup backed by 𝐉𝐞𝐟𝐟 𝐁𝐞𝐳𝐨𝐬 and NVIDIA, is in talks to raise $500M, more than doubling its valuation to $8B+ from its previous $3B in June 2024. 🔎 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 Founded in 2022, Perplexity AI is revolutionizing search technology with its AI-powered platform, which responds to user queries with precise, sourced summaries. It aims to challenge Google’s dominance in search through its innovative use of generative AI. 🔹 𝐀𝐈 𝐒𝐞𝐚𝐫𝐜𝐡 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: Natural language chatbot interface 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲: Disrupting traditional search engines 🔹 𝐓𝐞𝐜𝐡 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: Users can choose between various large language models (LLMs) like GPT-4 and Google Gemini 💰 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐑𝐨𝐮𝐧𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 💵 𝐀𝐦𝐨𝐮𝐧𝐭: $500M 📅 𝐑𝐨𝐮𝐧𝐝 𝐃𝐚𝐭𝐞: October - 2024 🏢 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $8B+ (up from $3B earlier this year) 💼 Key Investors: Jeff Bezos, Nvidia, SoftBank 📈 𝐓𝐨𝐭𝐚𝐥 𝐅𝐮𝐧𝐝𝐢𝐧𝐠: Over $500M in 3 rounds this year 🛠 𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐖𝐢𝐥𝐥 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 🔹 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧: Continuing to challenge AI search market leaders like Google 🔹 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Enhancing AI-driven search technology 🔹 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐆𝐫𝐨𝐰𝐭𝐡: Building out more revenue-sharing partnerships with media outlets 📊 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 & 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 Perplexity currently processes 15M queries per day and has an annualized revenue of around $50M. Despite the boom, it has faced media scrutiny, responding with a revenue-sharing program to address plagiarism concerns. 🔎 𝐕𝐂 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 & 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 🔹 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: As the generative AI market continues to heats up, Perplexity is positioning itself as a strong contender against established giants. This could be a turning point in how knowledge is discovered and accessed online. 🔹 𝐒𝐞𝐜𝐭𝐨𝐫 𝐆𝐫𝐨𝐰𝐭𝐡: With AI search innovation on the rise, the platform is attracting significant investor interest. #VentureCapital #AI #GenerativeAI #TechInnovation #PerplexityAI #StartupFunding #VCDeals #SearchEngine #InvestmentTrends #Q42024 https://lnkd.in/dADX99Uc

𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐚 𝐬𝐥𝐨𝐰 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐢𝐧 𝐔𝐒 𝐕𝐂 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐲, 𝐝𝐞𝐚𝐥 𝐜𝐨𝐮𝐧𝐭𝐬 𝐡𝐚𝐯𝐞 𝐬𝐭𝐚𝐫𝐭𝐞𝐝 𝐭𝐨 𝐬𝐭𝐚𝐛𝐢𝐥𝐢𝐳𝐞, 𝐰𝐢𝐭𝐡 3,775 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐝 𝐝𝐞𝐚𝐥𝐬 𝐢𝐧 𝐐3 2024. While this year’s deal value is on track to surpass 2020 levels at $175.2 billion, the market remains cautious amid high inflation and interest rates. Investors prioritize quality over quantity, focusing on due diligence and protections, signaling a careful yet steady journey toward recovery. #USVC #VentureCapital #StartupFunding #VCDeals #InvestmentTrends #Q324