While certain sectors, such as climate sustainability and future energy, have leveraged federal legislation to their advantage, the market dynamics have undergone a shift and it is important to continue to look at securing funding from strategic partners that understand the space.
While AI saw unprecedented investment in 2022 with $123 billion poured into tech startups, that number halved to $66 billion in 2023. What’s even more striking is that over $40 billion of that went to just five companies in the large language model space. The future of AI investments lies in balancing power with purpose—ensuring that transformative technologies are deployed...
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In a challenging fundraising environment, we've successfully raised just under $25 million for our second CityRock fund. CityRock Fund II is focused on Series A investments in high-growth, impactful, and diverse companies. Our dedication to supporting underrepresented founder groups and companies with a positive impact on people or the planet remains stronger than ever.
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Do diverse founding teams have an impact on achieving unicorn status? Diversity fosters resilience, resourcefulness, and a broader talent pool, making diverse teams more effective.
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