Hi there, 

I’ve gotta admit, I am thoroughly impressed.

This startup in Pakistan did it.

It torched $85M USD in < 1 year. 

Doing that in the US this quickly is also impressive, but tbh, lots of startups have done that so it's a bit less exclusive of a club.

But $85M in Pakistan? Wow. #kudos 

Catch up on recent startup failures here.

Now, the data does show VCs are getting more disciplined with their investments — which is a good thing.

And they're actually also starting to rely on more data too (valuations, comps, market & competitive landscapes). 

Actually doing due diligence is back!

Growing pains

Digital health startups are coming down big time from 2021’s record activity.

Here’s what you need to know: 

• Global digital health funding fell 32% from Q1'22 — and 58% from its all-time high in Q2’21. 

• M&A deals dropped for the fourth quarter straight. 

• Eight new unicorns emerged, less than half of Q1’21’s peak — but steady from Q1’22. 

• Health IT was the only digital health subsector that saw funding increase. 

Investor enthusiasm for the biggest deals ($100M+) has cooled off significantly. 

Just 13 mega-rounds were raised in Q2’22 vs. 44 in Q2’21, helping to explain the overall drop in funding. 

Get all the numbers in our 197-slide State of Digital Health Q2’22 Report. 

The new office normal

The average office occupancy rate in 10 US cities is hovering around 43% compared to pre-pandemic levels, according to recent estimates. 

The “hybrid” work model has upended traditional use of the office — but new opportunities have emerged to refigure how office buildings function, and how they can run more sustainably. 

Discover the major tech changes shaping the office building of the future here.

Get the party started

JP Morgan (JPM) has big plans to avoid disruption from fintechs. 

The banking giant’s investment activity reveals a deliberate strategy to develop its tech and geographic footprint.

From blockchain to payments, we take a look at where JPM is acquiring, investing, and partnering to expand into new markets. 

Clients can dig into JPM’s strategy map here.

Better, faster, stronger

Admin tasks are taking up more of doctors’ time. 

That’s why healthcare leaders are looking to adopt digital tools that streamline and automate clinical workflows. 

Need an adoption playbook?

From EHR augmentation to virtual assistants, we explore the clinical workflow technologies that these leaders should focus on now and down the road. 

Wall Street Journal. Kelly Crow (@KellyCrowWSJ) covers the launch of Christie’s Ventures and mentions CB Insights data. 

Inc. Steven I. Weiss (@steveniweiss) digs into the CB Insights State of Venture Q2’22 Report.

Protocol. Kyle Alspach (@KyleAlspach) discusses cybersecurity unicorn Snyk and references CB Insights data.