The year starts off strong for OpenAI

The year starts off strong for OpenAI

Hello, 2023! Five rounds totalling more than $200 million were invested in American startups in January. Other industries like healthcare, cybersecurity, and renewable energy also collected significant amounts of money at the same time that the massive OpenAI round captured the limelight.

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In 2021 and the first few months of 2022, this New York-based private equity and growth investor was among the busiest companies. Insight Partners, however, began to draw out as many significant late-stage growth investors did, and as the year went on, this happened rather drastically.

Tom Brady has entered a totally new playing field by declaring his retirement (again). The Super Bowl winner has a modest presence in the venture capital and startup industries thanks to his investments in the cryptocurrency, retail, and educational sectors. He also co-founded two VC-backed firms.

According to Crunchbase data, battery manufacturing startup Our Next Energy triggered a new $1.2 billion valuation with its $300 million Series B. The rise of electric vehicles and the ensuing demand for domestic battery technology have given the U.S. administration faith that the market will take off.

Can people actually create a better tree? With a $21 million Series A, Biotech Living Carbon is committed to giving it a shot. Its pine trees are engineered to expand more quickly and accumulate more carbon.

The year starts off strong for OpenAI