Crunchbase News has released its annual report on which U.S. universities graduate the highest number of recently funded startup founders. The report takes into account the number of founders who received seed, angel or venture capital funding within the past year and graduated from a particular university.
Topping the list for the third year in a row is Stanford University, with 234 startup founders receiving funding. Following closely behind is Harvard University, with 192 startup founders receiving funding. The University of California, Berkeley came in third place with 105 funded startup founders.
Other universities that made the list include Massachusetts Institute of Technology (MIT), Cornell University, University of Pennsylvania, University of Illinois at Urbana-Champaign, and Columbia University.
The report also found that the number of women founders receiving funding has increased, with 21% of funded founders being women, up from 18% in the previous year's report.
In other startup news, two AI-adjacent startups received significant funding rounds this week. Both startups are related to the hottest space in tech, likely helping them secure their 9-figure funding rounds.
Generative AI is also making waves in the tech industry, with VCs having to make choices about which startups to invest in. Advertising and brand marketing are just a couple of industries that are being impacted by generative AI.
The Securities and Exchange Commission (SEC) filed 13 charges against the world's largest crypto exchange, Binance, and its co-founder Changpeng Zhao. The charges relate to Binance allegedly allowing U.S. investors to trade on its platform without complying with U.S. regulations.
Lightmatter, a Boston-based provider of critical requirements to support generative AI, tripled its valuation with its latest fundraise.
Tech layoffs have also been a major issue in 2023, with over 147,000 workers at U.S.-based tech companies being laid off in mass job cuts.
For those interested in keeping track of the largest funding deals in the startup world, Crunchbase News has curated a list of $100 million-plus venture deals to U.S.-based startups.
But with all this talk of AI and funding, what do the chatbots think? Crunchbase News sat down with a free-range bot to discuss tech layoffs, AI funding, and its good friend.
In an interview with Rob Biederman, co-founder of Asymmetric Capital Partners, an early seed-stage investor, he shared his predictions for the future of the venture capital industry.
Overall, the startup world continues to evolve at a rapid pace, with funding and innovation being key drivers of growth. Crunchbase News will continue to provide up-to-date insights and analysis on the latest trends in the industry.
