This tracker includes layoffs conducted by U.S.-based companies or those with a strong U.S. presence and is updated at least bi-weekly. We鈥檝e included both startups and publicly traded, tech-heavy companies. We鈥檝e also included companies based elsewhere that have a sizable team in the United States, such as , even when it鈥檚 unclear how much of the U.S. workforce has been affected by layoffs.

Layoff and workforce figures are best estimates based on reporting. We source the layoffs from media reports, our own reporting, social media posts and , a crowdsourced database of tech layoffs.

We recently updated our layoffs tracker to reflect the most recent round of layoffs each company has conducted. This allows us to quickly and more accurately track layoff trends, which is why you might notice some changes in our most recent numbers.

If an employee headcount cannot be confirmed to our standards, we note it as 鈥渦nclear.鈥�

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

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

Illustration: Dom Guzman

Amazon, Snap shares rocket on earnings

Shares of surged after earnings for the fourth quarter beat estimates, propelled by growing revenue and gains from the company’s stake in electric vehicle-maker . Net sales increased 9 percent in Q4 2021 compared to year-earlier levels. Fourth-quarter net income hit $14.3 billion, and the company revealed it is raising the price of its popular Prime memberships.

Meanwhile, also reported better-than-expected earnings, sending shares skyrocketing. The company also reported its first quarterly net profit, per a CNBC .

— Joanna Glasner

Arcellx prices IPO

Gaithersburg, Maryland-based , a biotech developing therapies for blood cancers, raised after pricing shares at $15 each, the low end of the proposed range of $15 to $17. The company plans to list on the under the symbol ACLX.

— Joanna Glasner

Funding rounds

Binalyze raises $10M: Estonia-based cybersecurity startup reportedly in a seed round led by . The company focuses on an area it calls enterprise forensics, helping ensure that when breaches occur, organizations have tactical tools in place for a fast response.

— Joanna Glasner

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NGP launches $400M fund backed by Nokia

announced the launch of a new $400 million Fund IV, with Finland’s as sole backer.

The fund will focus on growth-stage investments in edge cloud, cybersecurity, digital industry and digital transformation growth-stage companies. It will place a particular emphasis on companies developing emerging 5G use cases for industrial and business transformation.

Launched in 2005, NGP Capital has over $1.6 billion under management and has invested in more than 100 companies.

—听Joanna Glasner

Marvel Fusion raises $40M

Munich-based , a developer of fusion energy technology, announced it raised 35 million euros ($40 million) in a Series A funding round led by . The company says it is collaborating with , and to boost fusion energy with an eye toward building a global zero-emissions energy supply.

—听Joanna Glasner

Funding rounds

Flip pockets $30M: Stuttgart, Germany-based , an app for connecting employees, raised $30 million in a Series A funding round backed by .

—听Joanna Glasner

ClearEstate clears $13M Series A from OMERS: Montreal-based , a solution that supports executors in estate planning, has raised a Series A funding of $13.25 million led by 1. The company has offices in Ontario, California and Texas. ClearEstate previously raised a $2 million seed round in June 2021 from , and 听

— Gen茅 Teare

Funds

Connected Capital closes on $176M 2nd fund: Amsterdam-based private-equity firm has closed a second fund at $176 million to invest in B2B SaaS companies in Europe. According to 附近上门 data the firm has made with its most recent in Netherlands-based听 safer payments company , its first investment from fund 2. The firm has $229 million under management.听

— Gen茅 Teare

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C2FO bags $140M to help companies access capital

Kansas City, Missouri-based closed a $140 million funding round led by , which also includes participation from and . C2FO helps companies receive payments faster by connecting those in need of working capital with those who have excess working capital.

In a release, the company said it enabled $54.7 billion in accelerated payments to businesses globally last year.

The company, founded in 2008, has raised a total of nearly $538 million to date, according to 附近上门 data.

鈥� Chris Metinko

Padoa raises $91M for workplace safety

Paris-based , a provider of tools to monitor employ health and safety, raised 80 million euros ($91 million) in a funding round led by .

Founded in 2016, Padoa currently has around 140 employees, per its website. Its focus is on occupational risk prevention. Previously, Padoa raised around $28 million in known funding, with startup studio as its main backer.

— Joanna Glasner

Zero Acre Farms lands $37M

San Mateo, California-based , a developer of edible oils and fats made from fermentation, announced it has raised $37 million in a funding round led by and . The company pitches its product as a healthier and more environmentally friendly alternative to vegetable oils.

— Joanna Glasner

M&A

Gupshup acquires Knowlarity: , developer of a conversational messaging platform for automating business conversations, announced it has acquired ,听 a provider of cloud telephony and contact center automation technology. The price wasn’t disclosed, but that Gupshup paid around $100 million for Knowlarity, which had previously raised $42.5 million in known venture funding.

— Joanna Glasner

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Chargebee picks up $250M

, a provider of subscription and recurring billing tools for SaaS and e-commerce businesses, raised $250 million in a funding round led by and .

The financing reportedly sets a valuation around $3.5 billion for the 11-year-old company.

— Joanna Glasner

Wayflyer lands $150M for revenue-based financing

Dublin-based , a provider of revenue-based financing to e-commerce brands, raised $150 million in a Series B equity funding round.

and led the financing, which sets a valuation of $1.6 billion for the company that launched its service in April 2020.

Wayflyer says it currently works with over 1,000 businesses worldwide and听 plans to invest billions of dollars in its customers in the years ahead.

— Joanna Glasner

GWI lands $180M Series B

London-based closed a $180 million Series B led by growth fund, valuing the company at more than $850 million.

Founded in 2009, the company鈥檚 software provides global market research and audience insights to brands, agencies and media organizations. Since raising a $40 million Series A in 2018, GWI has tripled recurring revenue and now has nearly 400 employees globally, the company said in a release.

鈥� Chris Metinko

Funding rounds

Island raises $100M for enterprise browser: Dallas-based , a startup that has developed a browser for enterprise users, emerged from stealth with around $100 million in new funding. Backers include , , and .

— Joanna Glasner

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Descartes Underwriting raises $120M

, a French insurtech startup, raised $120 million in a Series B funding round led by . The capital comes 18 months after the company鈥檚 $18.5 million Series A funding.

The 3-year-old company offers data-driven tools that help insurers assess and make financial decisions around climate risk. Descartes plans to use the new financing to scale its technology, expand into new lines of business, and target larger deals from global customers.

—听 Joanna Glasner

TCV launches $460M startup fund

Venture and growth investor announced it is publicly launching a new fund called Velocity, a $460 million vehicle geared toward expansion-stage deals. The fund already has made some portfolio investments, including , a provider of machine-learning applications for medicine development, and , an international shipping carrier built for e-commerce DTC brands and marketplaces.

—听 Joanna Glasner

Funding rounds

Pennylane picks up $56M: Paris-based , developer of a financial management platform marketed to small and medium-sized businesses, raised 听50 million euros ($56 million) in a Series B funding round backed by , and .

—听 Joanna Glasner

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Zapp bags $200M for speedy grocery delivery

, a U.K.-based provider of fast grocery delivery services, raised $200 million in a Series B funding round led by and .

The financing brings total funding for the 2-year-old company to around $300 million, per 附近上门 data. Zapp plans to use the latest financing to beef up its presence in London and expand in other cities.

鈥� Joanna Glasner

Skeleton Technologies lands $43M

, an Estonian startup focused on supercapacitor and energy storage technology, announced that it raised 37.6 million euros ($43 million) in Series D3 funding led by .

鈥� Joanna Glasner

Public offerings

More SPACs abandon IPOs: Special-purpose acquisition companies were all the rage in 2021, as a whopping 613 blank check IPOs raised over $144 billion, . But the space is slowing down this听 year, with at least 14 SPACs withdrawing their IPO paperwork, more than in all of 2021.

鈥� Joanna Glasner

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Fireblocks raises $550M for digital asset security

New York-based , a blockchain security provider for digital assets, raised $550 million in a funding round led by and .

The financing sets a valuation of $8 billion for the 4-year-old company. The latest round brings total funding to date to $1 billion.

Fireblocks said it expanded rapidly last year, growing from 150 customers to more than 800, and surpassing $2 trillion in assets transferred.

— Joanna Glasner

SKIMS raises $240M, doubles valuation

, the underwear and shapewear brand founded by , raised $240 million, Thursday. The new funding, led by , doubles SKIMS’ valuation to $3.2 billion. SKIMS, which also sells clothing and lounge wear, is one of several underwear companies to raise money from investors recently. Brands like and also brought in VC dollars in the past year.

–Sophia Kunthara

Enable Injections closes $215M Series C

Cincinnati-based raised a $215 million Series C financing led by . Founded in 2011, the developer of a drug delivery platform has now raised nearly $350 million, according to 附近上门 data.

鈥� Chris Metinko

Domestika lands $110M

, a provider of online classes and communities for creators, raised $110 million in a Series D funding round led by at a valuation of $1.3 billion.

— Joanna Glasner

Funding rounds

CoinTracker picks up $100M: , a provider of portfolio and tax management tools for cryptocurrency investors, raised $100 million in a funding round led by and joined by a long list of venture, strategic and individual investors.

— Joanna Glasner

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FTX raises $400M for crypto exchange

Cryptocurrency exchange raised $400 million in a funding round from investors including 听 and Singapore’s .

The financing sets an $8 billion valuation for the company, which allows users to trade a variety of digital assets like Bitcoin, Ethereum, Solana and Dogecoin.

— Joanna Glasner

o9 Solutions closes $295M round at $2.7B valuation

Dallas-based received a $295 million equity investment from , and existing investor . The round values the company鈥攁 cloud-based business management platform that helps clients with planning and operations鈥攁t $2.7 billion. The company reached a $1 billion valuation in April 2020 after an investment led by KKR.

鈥� Chris Metinko

CaptivateIQ scores $100M

, a provider of commission management tools for sales teams, raised $100 million in a Series C round led by , 听and . The round reportedly sets a valuation of $1.25 billion for the San Francisco-based company.

— Joanna Glasner

M&A

Cazoo acquires brumbrum: U.K.-based online car-buying marketplace announced it is acquiring Milan-based , a provider of vehicles for sale, finance or subscription for delivery across Italy. Cazoo is paying 80 million euros ($90 million) in a mix of cash and shares to purchase the company.

— Joanna Glasner

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