| Hi, Didong. What do a dental startup, Kim Kardashian’s apparel brand and an enterprise software company have in common? Nothing, really, except that all three raised very large funding rounds last week. Plus, if it seems like you don’t hear about new startups as much, it’s not your imagination — an analysis of Crunchbase data shows an alarming decline in startup creation. Three U.S.-based startups landed nine-figure raises last week — and for a change, none of them had anything to do with AI or biotech. Here’s a closer look at 10 companies that raised sizable funding deals last week. An analysis of Crunchbase data shows a concerning trend in recent years: a steep decline in the formation of new startups, writes startup consultant Itay Sagie. He takes a closer look at the phenomenon, including potential reasons for the decline and opportunities for entrepreneurs to leverage the situation. As of mid-year, more than 150,000 tech workers in the U.S. had lost their jobs, per The Crunchbase Tech Layoffs Tracker. We’ve seen numerous startups shut down completely, laying off their entire staff. Other companies — we’re looking at you, Microsoft and Amazon — have become repeat offenders on our tracker. But is the wave of layoffs slowly subsiding? Does your company’s digital data spark joy? Probably not. At many enterprises, the terrabytes and zettabytes of data in storage are jumbled and difficult to access, with the piles of digital clutter only getting larger. It’s no surprise, then, that startups touting expertise in data automation and orchestration as well as tools to manage unstructured data are seeing an increase in funding. Related Crunchbase Pro list: Companies Funded In Past Year Tied To Data Automation, Data Orchestration, And Unstructured Data Follow Web3 news and funding trends with our daily updated dashboard on startups and investment in the Web3, crypto and blockchain sectors, based on Crunchbase’s comprehensive data. | 
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