A High Bar…
As Q2 2024 VC funding reports compile, one thing remains clear: the funding outlook and deal closings remain unchanged. While more deals close, the numbers don’t lie that less money is invested in individual startups. Perhaps VCs are spreading their risk.
Meanwhile, founders should start their training because they must clear a high bar before VC checkbooks are opened.
Some notable trends this week…
- A double and single-digit awards week
- A slower week for domestic deals
- Taking more VCs to get deals done and for less $
Up next are this week’s top 5 VC deals…
1Digitt
$50M, Capital | Debt | Mexico | Payments | CoVenture Management | https://www.digitt.com/
Website Overview:
“At Digitt we work for people, with absolute transparency we help them achieve their financial well-being. We want to transform finances in Mexico with fair conditions, without hidden fees or abusive interest, to build a more prosperous and sustainable future for all.“
2Dazz
$50M, Capital| Equity | Palo Alto | Fintech | Greylock, Cyberstarts, Insight Partners, Index Ventures | https://www.dazz.io/
LinkedIn Overview:
“Dazz delivers unified security remediation for fast-moving security and development teams. We plug into the tools that find code flaws and infrastructure vulnerabilities…”
3Strive
$30M, Series B, Capital| Equity | Ohio | Fintech | Cantor Fitzgerald, L.P. Deason Capital Services, Narya Capital | https://www.strive.com/
LinkedIn Description:
“Our mission is to maximize value for our clients by leading companies to focus on excellence.”
4NPC Labs
$21M, Pre-Seed and Seed, Capital | Equity| web3 gaming infrastructure startup | Blockchain | Pantera Capital, Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, Mantle Ecofund | https://npclabs.org/
LinkedIn Description:
“NPC Labs is a core contributor to B3.fun, a groundbreaking horizontally-scaled gaming ecosystem built on Base. Our shared vision for the future of onchain gaming is a seamless, open ecosystem…“
5Plum
$20.6M, Series B, Capital | Equity | UK | Fintech | Eurobank, iGrow Venture Capital, Venture Friends, Ventura Capital | https://withplum.com/
LinkedIn Description:
“Plum is an app that empowers you to get your money motivated, wherever you are on your financial journey. You can save, spend, earn and invest, in one app and with ease. Using AI powered saving tools…”
