Tech Talent Drop - Edition 19

Welcome to week 19 of Tech Talent Drop! 🌟 

With the tech landscape evolving at lightning speed, it's crucial to stay on top of the latest hiring trends and AI recruitment tools. Staying informed allows recruiters and hiring managers to maintain a competitive edge in the ever-changing talent market. Let's dive into this week's key insights and updates…

The Drop

ProVerum, an Irish biotech startup developing treatments for benign prostatic hyperplasia, raised $80M in Series B funding, led by MVM Partners.

This injection (if you pardon the pun), signals likely hiring growth in health-tech R&D and engineering roles.

AI Tool of the Week

Skillate, while not a new launch, continues to stand out in recruitment analytics platforms. Its advanced NLP-based matching reportedly slashes time-to-hire by 50% and improves screening accuracy by 30%.

Tip: Skillate remains one of the most impactful AI recruitment tools for streamlining high-volume hiring.

Hiring / Interview Insight

A recent Indeed report confirms the growing importance of flexibility—40% of job seekers now prefer hybrid work, and 39% prefer fully remote roles.

Pro Tip: Incorporate flexible interview scheduling (such as virtual formats) to attract and retain top candidates.

(contextual source, insight aligns with broader trends)

Funding Watch (Aug 24–31, 2025)

• ProVerum — Biotech (BPH treatments) — $80M (Series B)

• Polymarket — Prediction markets — received strategic investment from 1789 Capital and Trump Jr has joined their board, valuing it above $1B.

• Copper — Battery-backed induction stoves — $28M funding led by Prelude Ventures.
  

  These rounds suggest hiring momentum in biotech, crypto platforms, and clean energy.

Quick Bytes

• PE & VC spotlight: Sycamore Partners finalized its $23.7B acquisition of Walgreens; Novo Nordisk launched a $550M RNA therapeutic partnership.

• VC slowdown: Indian startups raised $914M in August to date—a nearly 48% decline year-over-year.

• Investor caution: The Fed’s halted wind farm projects are raising alarms over infrastructure PE investments.

That’s all for this week’s Tech Talent Drop — stay informed, and see you next week!