Total amount of money raised

According to data analysed from the Skopai platform, 107 start-ups received funding worldwide in August 2023.  

Total amount of money raised: €4.5 Billion

To see the full list of start-ups that received funding, click on the link: 

Thematic clusters

The word cloud represents the markets and technologies of start-ups that received funding in August. Platform and Software  (representing 20% each of start-ups), and AI (18%), are the most prevalent tags, and they provide us with information on the markets that experienced the most activity.

August 2023 fundraising news: Thematic clusters

Maturity stages

By their maturity, most start-ups, representing 48% are on the Go-to-market stage. Matured stage follows with 26% and Early-stage 24%.  The go-to-market stage has always been an attractive stage for investors since the product is ready for commercialization after the research and development process. To add, 50 funded start-ups have patents

August 2023 fundraising news: maturity stages

Funding rounds in August 2023  

Start-ups received funding across different funding rounds ranging from Pre-seed to Series F rounds.
  

📌 Note that all amounts are quoted in Euros on the Skopai platform for comparison reasons. 

Seed

Nodal develops platform designed for efficiently connecting vetted surrogates and intended parents, offering transparency, equity, education, and support for all parties on their journey.
Country: USA
Amount raised: €11.85M

Series A

Tracer is a data intelligence platform that revolutionizes modern data stack management by eliminating technical complexity.
Country: USA
Amount raised: €16.5M

Series B

Genesis therapeutics develops AI technologies designed for creating medicines for patients with severe and unmet medical needs.
Country: USA
Amount raised:  €182.32M

Series C

Endowus develops digital investment platform designed for enabling investors to invest easily, with expert-advised portfolios and low, fair fees.
Country: Singapore
Amount raised: €31.91M

Series D

Hugging Face allows users to build, train, and deploy art models using the reference open source in machine learning.
Country: France
Amount raised: €217.49M

Series F

Gympass develops web and mobile applications towards corporates, dealing with gym studio and wellbeing platform.
Country: USA
Amount raised: €77.48M

To see the full list of start-ups that received funding in August 2023, click on the link: 

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Make more analysis using the events view tab to keep up with the funding activities of your favourite start-ups on the Skopai platform. You can also book a demo with our experts now to discover the Skopai platform.

The data used to generate the figures in this article was collected on August 31, 2023, thus the numbers could change as fresh information is regularly added to the database by our AI.

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