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The Week In Crunchbase Data: It’s A Sad State For Unicorns, AI Takes Over The World, And More

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We love our numbers at Crunchbase News, from huge billion-dollar funding rounds to the price of a crypto token. In this new feature, we’re letting the week’s hottest numbers tell the stories.

This week we learned (sadly, what we already knew), professional writers are just as replaceable — or at least pretty close to replaceable — as anyone else. This, from the launch of ChatGPT. We also saw some companies lose a coveted spot on The Crunchbase Unicorn Board as the FTX fallout continued to wreak havoc on the startup world. 

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But some bright spots prevailed, particularly funding to India-based fitness and wellness e-commerce site HealthKart and cybersecurity startup Drata which each snagged a decent funding round in a dark funding climate. 

Illustration: Dom Guzman

Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.

Four newly minted unicorn companies joined The Crunchbase Unicorn Board in November 2022, while three companies were removed.

For risking patient health, Balwani received a longer sentence than Elizabeth Holmes.

Fundraising isn’t what it was last year, but don’t tell that to cybersecurity startup Drata.

Apologies, layoffs and crypto prices dominated this week as the FTX-induced contagion continued to spread across the industry.

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