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Driverless taxis in Singapore. Thalmic Labs raises Series B. More exits than unicorns.

Hola, 

The big news from our tech exits report released this week is that $1B+ exits in tech (5) exceeded unicorn births (4) for the first time in at least a year-and-a-half. 



In other words, the unicorn funding and valuation environment has cooled even as the number of $1B+ tech exits remains pretty steady (although at less-than-spectacular levels, with IPOs still few). 

There have been an average of 3 $1B+ exits in tech over the last six quarters. At this rate, it would take an entire Clinton or Trump two-term presidency, plus another five years, for all the current 164 tech unicorns to exit.

Still, this quarter’s data points to a possible loosening in the logjam, and fewer unicorns stuck in the exit door.


Have a nice weekend.

Marcelo
@ballve


The Week In Data

Tweet of The Week

Here's what the team at CB Insights has been talking about.

Mosaic Momentum Alerts

These startups saw the biggest uptick in their Mosaic momentum scores in the last week. 

The CB Insights Mosaic algorithm is a National Science Foundation-backed score that tracks the health of private companies using public data.

 
1. Tapingo, +200
Tapingo is a mobile shopping platform. Investors include Carmel Ventures and Khosla Ventures.


2. The Citizenry+190
The Citizenry is an e-retail site that partners with artists and crafts-makers around the world to sell crafted home goods.


3. Lumoid+140
Lumoid allows users to rent and buy electronic gadgets.


4. Intelex Technologies+130
Intelex Technologies provides Environmental, Health, Safety (EHS) and Quality management software. 

5. Figma+120
Figma has developed an online tool specifically for interface design. Investors include Greylock Partners and Index Ventures.


6. HopSkipDrive+110
HopSkipDrive is a ride service for kids. Investors include BBG Ventures, FirstMark Capital, and Greycroft Partners.

7. LendingHome+100 
LendingHome combines technology, consumer experience, data analysis, and a private investment platform to provide real estate loans.


8. Skytap+100
Skytap helps dev and test teams build software by providing collaboration tools and self-service access to production-like environments.

9. Integrate+100
Integrate is an advertising technology provider that allows media buyers to plan, launch, analyze, and optimize marketing campaigns across performance, digital, and traditional media
.

10. Celtra+70
Celtra provides a web-based self-service platform for creation, ad trafficking, tracking, and optimization of rich media mobile display advertising.
The Week's Top Deals
 
We tracked 488 deals totaling $4B in the last week. Here's the top 10. Run this search on CB Insights to see them all.
 
1. Grab grabs $750M Series F round
The Singapore-based ridesharing company raised from SoftBank Group at a $3B valuation.

2. 51Xinyongka raises $310M Series C round
The China-based online credit and financial services app raised from Cheng Weixing, HgCapital, Shenzhen Qianhe Capital Management Co., Tiantu Capital, and Xinhu Zhongbao. The company is the 176th to join our unicorn tracker of companies worth $1B or more

3. Lekela Power raises $250M
The pan-African renewable energy producer is based in the United Kingdom and raised from Overseas Private Investment Corporation.

4. e.l.f. Cosmetics raises $142M at IPO
The Oakland, California-based cosmetics company went public at a $755M valuation. 

5. Thalmic Labs raises $120M Series B round
The Canada-based maker of MYO, a gesture control armband, raised from Alexa Fund, Fidelity Investments, Intel Capital, and Presence Capital. The still somewhat stealthy company is making a move to apply the technology to a still-unannounced (and "high-risk") vertical. 

6. The Trade Desk raises $84M at IPO
The Ventura, California-based demand-side platform for ads went public at a $1B valuation. 

7. OurCrowd raises $72M Series C round
Based in Israel, the equity crowdfunding platform targets accredited investors who wish to invest in Israeli startups.

8. Firstp2p raises $70M Series C round
The China-based P2P lending marketplace raised from CCB International and San Shan Capital.

9. Linio raises $55M Series D round
The Mexico-based e-commerce retailer targets Latin and South American markets, and raised from Kinnevik, LIV Capital, and Northgate Capital.

10. MetroMile raises $50M Corporate Minority round
The insurance startup offers "per-mile" policies for low-mileage drivers based on its connected telematics recorder. China Pacific Insurance was the sole backer in the round.
Most Popular Search

This week's top query in our database:
Medical device startups
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