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What is 2022 Telling Us So Far?

What is 2022 Telling Us So Far?
April 25, 2022

The Daily Stack is a daily private market insights newsletter by PrivCo, a private company intelligence platform. Read our previous insights.
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This year is off to a rocky start, from unthinkable war crimes committed in Ukraine to growing concerns about inflation and food scarcity. The news is not all bad though–America appointed its first Black female Supreme Court justice and seen Covid hospitalizations and deaths continue to fall.

All the while, startups have been plugging away, building better mousetraps and innovating for Web3, post-Covid, and a greener future. Check out the full list of startups here.

 A lot has changed since our last PrivCo 50 ranking in Q2, 2021. Since then, the leading company, Epic Games, has doubled its last valuation, bringing in a $2BN funding round in April of 2022. Formerly bullish public markets are undergoing a market correction, setting back IPO dates and reconfiguring valuations for private companies. Deals overall are down 25% over last year’s Q4 volume. This time last year, we saw strong growth in fintech (14.2% of Q2, 2021 funding), SaaS (14.4%), and aerospace/defense (9%). What does the data show us about the new year?

The data revealed that top growth industries include fintech, e-commerce, analytics, crypto, and SaaS.



Check out the full PrivCo 50 Insight.

Since last week, PrivCo has added:
905 Companies | 309 Funding Activities | 149 M&A Deals

Funding & Deal Highlights:
 

The Boring Company raises $675MM from Sequoia

Engineering • Round C • Hawthorne, CA   
 

Convoy raises $160MM from Baillie Gifford

Logistics • Round E • Seattle, WA
 

Upside Foods raises $400MM from Temasek

Meat & Poultry • Round C • Berkeley, CA
 

Pollen raises $150MM from Kindred

Consumer Services • Round C • Los Angeles, CA
 

Crusoe raises $350MM from G2

Energy • Round C • Denver, CO
 

Reify raises $220MM from Altimeter

Healthcare Technology • Round D • Boston, MA
 

Instabox raises $190MM from undisclosed investors

Logistics • Round C • Stockholm, Sweden
 

Tulu raises $20MM from New Era

Consumer Products • Round A • New York, NY
 

Treez raises $51MM from Long Ridge

SaaS • Round C • Oakland, CA
 

Safetywing raises $35MM from Kinnevik

Insurtech • Round B • Palo Alto, CA
 

Meriplex acquires Cyberian Technologies

IT Consulting • Acquisition • Indianapolis, IN
 

Devo Technology acquires Kognos

Cyber Security • Acquisition • Santa Clara, CA 

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