MultiVersial Research

Analyst Reports available this week:, * Analyzing Thoma Bravo’s investment strategy: Where the PE firm is betting big across key industries: Thoma Bravo is one of the world’s leading private equity firms, with a successful track record of investments across the technology, healthcare, financial services, and software industries. Link

News: * US ad revenues will rise 3.4% this year, down from 5.7% in 2022: Like Magna, we forecast softer ad growth this year over last year. But the market is still growing, even as economic factors lead to tightening budgets. Link * The Belgian Data Protection Authority (APD) has

Startups raising funds * Hilos, a Portland, Ore.-based 3-D printed footwear startup, raised $3m from Better Ventures, Builders VC, XRC Labs and former Nike executives Eric Sprunk and Greg Bui. Link * Paraform, an SF-based recruiting marketplace, raised $1.4m in pre-seed funding led by Primer Sazze Partners. Link * 123 Baby

News: * Unpacking the future of the foodtech industry and where new and innovative opportunities are emerging. (AltAssets) * Most carbon emissions caused by businesses are hidden from sight. US and California regulators are pushing to require companies to fully disclose them. (Wired) * Fossil fuel CVCs are increasingly investing in climate-tech startups,

Analyst reports: * Q4 2022 Retail Fintech Report: March 24, 2023. Link * Q4 2022 Insurtech Report: March 27, 2023. Link Startups raising funds * Raisin, a Berlin-based savings and investment startup, raised €60m in Series E funding from M&G's Catalyst and Goldman Sachs. Link * Thunes, a Singapore-based cross-border payments startup, raised

Startups raising funds * ArriVent Biopharma, a biotech whose lead candidate is a mutant-specific EGFR kinase inhibitor, raised $155m in Series B funding. Sofinnova Investments and General Catalyst co-led, and were joined by Catalio Capital Management, HBM Healthcare Investments, Shanghai Healthcare Capital, Sequoia Capital China, AIHC Capital, Terra Magnum Capital Partners,

News: * Sources: Fortra told GoAnywhere customers that their data was safe after a ransomware attack by the Clop gang, but two said they later received ransom demands (TechCrunch) * CISA releases Untitled Goose Tool, an open-source Python-based utility to detect signs of malicious activity in Microsoft Azure and Microsoft 365 environments

News: * "We believe that post-FTX, the regulatory environment will be much less favorable for Binance and that they will face significant regulatory pressure across multiple jurisdictions." (Insider) * Crypto wants its shine back. (The New York Times) * Binance's public chatrooms show some employees and support volunteers helping customers bypass China's crypto

Startups raising funds * Huupe, an Irvine, Calif.-based maker of smart basketball hoops, raised $11m from Protagonist VC, Marvan Ventures, TRI Investments, Kawn VC, Genesis Ventures and Reform Ventures. Link * Graphiant, a San Jose, Calif.-based edge services startup, raised $62m in Series B funding. Two Bear Capital led, and

News: * How and When the Chip Shortage Will End: Fabs using older process nodes will be key to ending the chip shortage. IEEE * South Korea has passed its own Chips Act: Like the US equivalent, it’s designed to boost the country's native chip industry. Bloomberg * Huawei announces tools for

News: * AI researcher Margaret Mitchell was fired by Google. Now she's the chief AI ethics scientist at one of its startup rivals. (The Information) * Norway-based 1X, which is developing humanoid robots, raised a $23.5M Series A2 led by the OpenAI Startup Fund with participation from Tiger Global and others

* Generative AI set to affect 300 million jobs across major economies: Research by Goldman Sachs suggests that AI could automate a quarter of the work done in the US and eurozone. The technology could spark a productivity boom that could raise annual gross domestic product by 7% over a 10-year