December 10, 2024

a16z, General Catalyst And Sequoia Lead Quiet Month

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This is a monthly feature that interviews some of the most active investors in corporate America, examines some of their most interesting investments, and includes bits and pieces of who spent what. Check out the most active new venture investors in October here.

November gets colder across much of the U.S., which clearly affects venture capital firms.

Three companies become America’s busiest new startup investors – Andreessen Horowitz (again), universal catalyst and Sequoia Capital — but there are only eight transactions each. Last month, a16z was leading at 14, so that’s a pretty big drop.

These three were followed by all other firms with six or fewer investment deals involving U.S. startups.

It was indeed cold.

Andreessen Horowitz, 8 deals

Andreessen Horowitz seems to be at or near the top every month.

Last month was no exception, with the Menlo Park, Calif.-based giant closing eight deals involving U.S. startups — however, this was the lowest number since April.

While Anderson didn’t lead or co-lead any large U.S. deals, it was certainly involved in a few. This includes AIA massive $5 billion financing round brought its valuation to $50 billion, wall street journal the report said.

However, a16z’s big deal is far from over. It has also participated in several huge funding rounds:

Universal Catalyst, 8 trades

General Catalyst also saw a sharp decline from October to November, but its eight investments in U.S. startups kept it at the top of the list.

The company also didn’t participate in a ton of large funding rounds last month, although it did lead a $40 million seed round. Zaminari Healthis a Chicago-based hybrid care startup integrating experts, technology and services to deliver coordinated outpatient pediatric primary and specialty care.

General Catalyst also participated in San Francisco luggage storage startup’s $19 million Series B round bounce.

Sequoia Capital, 8 deals

Sequoia Capital matched a16z and General Catalyst’s deal count with a total of eight deals.

While that may seem like a small total for the investment giant, it’s fairly consistent with its performance throughout the year.

However, being smaller doesn’t mean Sequoia isn’t involved in some massive deals. it took part in US$400 million in financing for physical intelligenceis a start-up company that develops brains for various robots. The company is valued at US$2 billion. According to the New York Times. Sequoia Capital also weighs in on cybersecurity startups whiteof US$300 million in Series D financing leader accelerator and Sapphire Ventures The startup is valued at $3 billion.

8VC and BoxGroup, 6 deals each

8VC [footnote]8VC is an investor in Crunchbase. They have no say in our editorial process. For more information, Go here.[/footnote] and Box Group Each made six investments in U.S. startups.

8VC participated in two companies’ largest deal, participating in a $42 million Series C round Sirona Medicala San Francisco-based healthcare software developer.

New York-based BoxGroup focuses on early-stage investments, so its deals are primarily seed and Series A rounds. Anthraquinoneis a biotechnology research company that uses bacteria and enzymes to reduce carbon by converting it into chemicals.

Also worth noting:

accelerator, Google Ventures and Spark Capital All of these come second on the list, with five deals each.
Spark Capital also led the way in deals it led or co-led in November, with three deals.
Amazon Topping the list of highest-dollar rounds led or co-led – thanks to its sheer fund size Investment of US$4 billion In artificial intelligence startups man-made, one Chat GPT Compete with its artificial intelligence assistant Claude.
Y combiner In November, it once again became the top investment incubator and accelerator with 14 transactions.

methodology

This is the list of investors who have participated in the most financing rounds for new U.S. startups. It does not include incubators or accelerators, as their investment numbers can fluctuate.