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Funding & Investment in Travel

Startup Funding Stays Flat, But Figma IPO Lights A Spark In The Market 

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Global venture funding totaled $29.7 billion in July 2025, flat year over year and down month over month from the $43 billion invested in June, Crunchbase data shows.

Despite a month-over-month dip in venture dollars, July offered hopeful signs for startup investors: AI remains a funding juggernaut, and Figma’s stellar IPO performance could be the catalyst needed to unlock the public markets for dozens of high-growth, revenue-generating tech unicorns that have been waiting in the wings.

By stage, 10% of venture funding last month was invested in seed-stage companies, around 30% in early-stage deals, and 60% in late-stage rounds. Funding also continued to concentrate in larger rounds, with corporate and private equity leading the majority of deals at $200 million and over.

Overall, for the first seven months of the year, global venture funding has increased by 23%, driven by large billion-dollar-plus funding rounds to the AI sector, Crunchbase data shows.

The biggest news last month for the venture world was the blockbuster Figma IPO, which priced at $33 and climbed to more than 3x its IPO price by the end of the first day of trading, making the San Francisco-based design collaboration startup arguably the biggest tech brand to debut since 2022. As a 13-year-old company, established  in an earlier technology wave, Figma was able to grow revenue alongside the shift to AI.

The successful debut could spur more tech IPOs, especially for companies which have been waiting on the sidelines and are still growing, have significant revenue and are profitable or close to profitable.

AI took the biggest rounds

The largest startup funding round in July went to xAI — a $5 billion investment led by another  Elon Musk company, SpaceX.

That deal was also the third-largest funding this year, behind only OpenAI’s $40 billion SoftBank-led round announced in March, and Meta’s $14.3 billion investment in Scale AI in June.

Large rounds of $200 million or more totaled $11.4 billion in July, or around 38% of private financing to venture-backed companies. These larger rounds were led predominantly by corporate entities, private equity and alternative investors. OpenEvidence and Lovable were the only two rounds above $200 million led solely by venture capital firms.

U.S. and AI led

The U.S. continued to dominate startup funding in July, raising $17 billion — or 58% of global venture investment, Crunchbase data shows.

AI accounted for 37% of funding in July, totaling $11 billion and remaining the leading industry for funding, followed by healthcare and biotech at $5.7 billion. Funding to financial services was $4.6 billion last month, doubling from a year earlier.

Unicorns waiting to exit

The Figma IPO represented a big win for its startup investors, which included, respectively, seed through Series C lead investors Index Ventures, Greylock, Kleiner Perkins and Sequoia Capital — each of which earned billions in exit value, enough to return multiple funds.

However, with $1 trillion of capital invested in more than 1,600 unicorn-valued companies, a lot of value remains locked up in private companies that still need an exit path.

Methodology

The data contained in this report comes directly from Crunchbase, and is based on reported data. Data reported is as of Aug. 4, 2025.

Note that data lags are most pronounced at the earliest stages of venture activity, with seed funding amounts increasing significantly after the end of a quarter/year.

Please note that all funding values are given in U.S. dollars unless otherwise noted. Crunchbase converts foreign currencies to U.S. dollars at the prevailing spot rate from the date funding rounds, acquisitions, IPOs and other financial events are reported. Even if those events were added to Crunchbase long after the event was announced, foreign currency transactions are converted at the historic spot price.

Glossary of funding terms

Seed and angel consists of seed, pre-seed and angel rounds. Crunchbase also includes venture rounds of unknown series, equity crowdfunding and convertible notes at $3 million (USD or as-converted USD equivalent) or less.

Early-stage consists of Series A and Series B rounds, as well as other round types. Crunchbase includes venture rounds of unknown series, corporate venture and other rounds above $3 million, and those less than or equal to $15 million.

Late-stage consists of Series C, Series D, Series E and later-lettered venture rounds following the “Series [Letter]” naming convention. Also included are venture rounds of unknown series, corporate venture and other rounds above $15 million. Corporate rounds are only included if a company has raised an equity funding at seed through a venture series funding round.

Technology growth is a private-equity round raised by a company that has previously raised a “venture” round. (So basically, any round from the previously defined stages.)

Illustration: Dom Guzman


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Funding & Investment in Travel

Lawless London’s purple line warning tourists of scumbag pickpockets is a red flag to Broken Britain

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LONDON has a new landmark – a purple line that runs along Oxford Street telling tourists and locals alike to: Mind the Grab.

They are in the nation’s phone-snatching hotspot.

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A scheme warning Londoners about phone theft is a sad indictment of the city’s lawlessnessCredit: PA

And with a smartphone stolen every eight minutes in London, getting your device nicked by some two-wheeled scumbag is a very real possibility.

“Enough is enough,” says Ed Connolly, of electrical retailer Currys, who are behind the scheme.

“It’s time to draw the line on phone theft.

“That’s why we’ve launched the Mind the Grab campaign — a bold pavement marking we believe can make a real difference by encouraging people to step back from the kerb.”

Good for Currys. But what a tragedy it is not our invisible police, the useless London Mayor or our spineless politicians who had the wit and will to say enough is enough.

And what a crying shame it is the innocent, law-abiding and decent who must adapt their behaviour as thieving little bastards are allowed to run amok.

But this is the country we now live in.

There are voices on the Left who insist statistics prove crime’s going down.

But that is not the way it feels when you see the thin purple line on Oxford Street. And that is certainly not what the rest of the world believes.

Degrade quality of life

My family was in Lapland earlier this year when a fellow traveller was shocked to learn that we live in London.

How business owners are cracking down on shoplifting

“Do you feel safe there?” she gasped. And she was from . . . Iran.

But this view of the UK as a lawless land is growing.

The Australian government warns its citizens to “exercise a high degree of caution” when visiting the UK, because “petty crime is common, including pickpocketing and thieves who use scooters and bicycles to snatch belongings”.

It is not just Australia. New Zealand, France, Canada, the UAE and even Mexico — home of the drug cartels! — all warn their citizens to beware.

Mayor Sadiq Khan speaking with police officers.

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Sadiq Khan has been unable to say ‘enough is enough’ when it comes to London’s crimewaveCredit: PA

The heartbroken family of student Mohammed Algasim, 20, stabbed to death in an “unprovoked” attack in Cambridge, say the UK is “no longer safe” for visitors.

Mr Algasim’s family are from Saudi Arabia. And who would dare to contradict them?

The Broken Windows Theory of crime states that visible signs of criminality — broken windows, graffiti, the stink of weed — create an urban environment that encourages further crime. And that is exactly where we are today.

Last year around 80,000 people had their phones stolen in London.

Yes, phone theft is horrible. But then so is burglary, shoplifting, mugging and knife crime. They all degrade and coarsen our quality of life.

The decline of the social contract means we are becoming a nation fit for thieving, violent little scumbags

They all make us feel our loved ones are not safe on the streets where we live.

Exactly 14 years on from the riots of the summer of 2011, you will hear many smug voices telling you Nigel Farage is wrong to speak of lawless Britain.

I guess these people don’t get out of the house much. Because as they close all of the police stations, the coppers withdraw from sight and the UK becomes the global centre of street crime, the UK sure as hell doesn’t feel safer than it has ever been.

Significantly, the Australian government gives the UK a Level 2 rating, reflecting “a weak law and order system, where violent crime is common”, and a country that “may lack some key public services, such as a responsive police force”.

Yes, that’s us! The police will not save you. The courts will do bugger all.

We are on our own now. Because there has clearly been a fraying of the social contract in this country.

  • Meaning — the way we behave.
  • Meaning — how we treat each other.
  • Meaning — our sense of our rights and our duties.
  • Meaning — the immutable standards, values and beliefs we all share.
  • Meaning — communal sense of decency.

Now, hurting someone you don’t know is socially acceptable. There is nothing pathetic, nasty and cruel about taking something that doesn’t belong to you.

Shoplifting, phone theft, mugging, assault ­— it is no big deal.

And it ends with a student, a beloved son who was thrilled to be in the UK for ten weeks, bleeding to death.

The decline of the social contract means we are becoming a nation fit for thieving, violent little scumbags.

And I fear it will take more than a thin purple line to stop them.

Arrest E-bike idiots

THE backlash against e-bikes has begun.

One London council, Hounslow, has terminated its contract with Lime after two years following complaints about “antisocial parking” on pavements.

Writing in The Times, Agustin Guilisasti, co-founder and CEO of e-bike company Forest, calls for greater clarification about the rules and regulations around his booming industry.

These would be good rules.

Every e-bike that is abandoned on a pavement should be removed and destroyed.

And the law should treat e-bike users like motorists.

When they race through red lights, gawping gormlessly at their phone at 30 mph – nick the morons.

Business is booming for the e-bike companies.

But they are aware that many of us heartily despise them.

Hounslow council has decided to end its contract with Lime and hand the reins to rivals Forest and Voi to “maintain clear pavements and discourage poor parking”.

Good luck with that.

As far as I can tell from my neck of the woods, they – and the people who use them – are all as thoughtless as each other.

E-bikes are not saving our towns, cities or planet. They are wrecking them.

Name shame

Mick Jagger and Keith Richards on bail.

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It is no longer fashionable to name your baby after a member of the Rolling Stones

BACK in the Sixties they asked, would you let your daughter go with a Rolling Stone?

Now the question is, would you name your baby after a Rolling Stone?

Probably not. Keith is no longer in the top 100 names. Neither is Mick.

All those “dad” names – Steve is another one, and Ian and Nigel – are on the way out.

As is Tony. Nobody would call their baby Tony these days.

One of us launches an unnecessary and unprovoked war against Iraq on fabricated evidence and suddenly our name is mud.

Still a trump card

Yvette Cooper, Home Secretary, arriving at a cabinet meeting.

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Yvette Cooper and Labour look out of answers on migration after the Rwanda scheme was scrappedCredit: Alamy

I HAD my doubts about the Tory scheme to send illegal migrants to Rwanda.

Too legally complicated, I thought. And too prohibitively expensive.

The £700million scheme was promptly ditched when Labour won the election.

But how galling that Rwanda is now taking 250 migrants from the US under Donald Trump’s removal system.

And their pleasant accommodation in Rwanda will be paid for by the British taxpayer.

Perhaps Rwanda will work as a deterrent after all.

And it will certainly be a much greater deterrent to illegal migration than Labour’s “one-in, one-out” deal with France, meaningless sound bites about “smashing the gangs”.

And Home Secretary Yvette Cooper looking very, very cross.


Ozzy Osbourne at the Rock & Roll Hall of Fame induction ceremony.

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Ozzy Osbourne’s death certificate boasted a job title anybody would be proud ofCredit: Getty

OZZY OSBOURNE’S death certificate describes the Black Sabbath supremo as a “songwriter, performer and rock legend”.

That sounds like a good job.

What’s the money like?

Home front

Photo of Rushanara Ali, Labour MP, who resigned as homelessness minister.

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Rushanara Ali has resigned as minister for homelessness after evicting her tenantsCredit: PA

LABOUR’S minister for homelessness, Rushanara Ali, has resigned after turfing four tenants out of her London rental property – and then re-listing the same gaff for £700 a month more!

Hypocritical? Undoubtedly.

But you must admire Ali’s flair for economic growth.

Perhaps she should be Chancellor.

Top Marks for putting Aimee in Christmas ads

Aimee Lou Wood at the HBO's "The White Lotus" Season 3 Finale Event.

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White Lotus star Aimee Lou Wood is a great choice for Marks & Spencer’s new advertCredit: Getty

WITH only 137 days to Christmas, thoughts turn inevitably to the big Yuletide commercials.

Marks & Spencer has signed Aimee Lou Wood to front its Christmas campaign – a definite upgrade of last year’s effort (Dawn French as an unfunny fairy).

Aimee was the best thing in the third series of The White Lotus.

The Stockport-born actress, 31, is glamorous yet approachable, charismatic yet relatable. She seems nice. Very British.

The perfect fit to front a Christmas campaign for an institution like M&S.

Aimee definitely has a girl-next-door quality.

If you happen to live next door to one of the hottest names in Hollywood.



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Funding & Investment in Travel

Arunachal man slams littering Assam tourists in viral video, sparks ‘not your dustbin’ campaign

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Tourism brings beauty, culture, and life to a place — but it also brings a growing problem when visitors fail to respect the land they’ve come to enjoy. In Arunachal Pradesh’s scenic town of Roing, one such incident has now gone viral, sparking both outrage and action. A local man confronted a group of tourists from Assam after spotting them dumping trash in the open, and the exchange — caught on camera — has now become a rallying cry for cleaner public spaces.

The video, posted on Instagram by Jimu Mele, shows the men parked by the roadside, mid-meal, with disposable plates and wrappers strewn nearby. Mele approaches, points to the litter, and questions why they would spoil the very place they’re visiting. He urges them to pick up the garbage, reminding them that the town works hard to keep its surroundings clean. The clip then cuts to the tourists collecting their trash, with one asking if things were fine now — earning a satisfied nod from Mele.


In his caption, Mele voiced his frustration over repeat offenders, particularly some visitors from neighbouring Assam, and announced a new awareness initiative titled Roing is not your Dustbin. As a municipal official, he called on local youth to join forces in protecting the town’s natural beauty. The viral moment has since become a symbol of civic responsibility, proving that sometimes, all it takes to spark change is speaking up.

Netizens react

Several viewers from Assam acknowledged the problem, admitting that many people from their state lack civic sense. Others stressed that the issue isn’t about Assam or Arunachal, but about respecting nature and those who work to keep places clean. Some shared their own responsible travel habits, like carrying trash home after trips, while a few expressed shame and apologised on behalf of the littering tourists. Many agreed that such reminders are necessary to protect the pristine beauty of Arunachal Pradesh.





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Funding & Investment in Travel

Couture Pattern Museum Founder Achieves Professional Membership in ICOM’s COSTUME International Committee – Travel Industry Today

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Couture Pattern Museum Founder Achieves Professional Membership in ICOM’s COSTUME International Committee – Travel Industry Today – EIN Presswire



















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