AI Funding Share Increased In February, And Startups Buying Fewer Startups

March 9, 2024 Global VC Funding Settles Around $20B In February But AI Share Increases Global venture capital funding reached $21.5 billion in February 2024 — flat month over month and slightly up from February 2023, Crunchbase data shows. February Funding → Startups Are Still Buying Fewer Startups In all of 2023, just over 650 funded startups globally were acquired by other funded startups, per Crunchbase data, the lowest total in three years. This year, meanwhile, is off to a similarly slow start. Startup Sales Slump → Battery Ventures Sees AI's Massive Impact On Tech, And It's Here Already We sat down recently with Battery Ventures general partner Dharmesh Thakker to talk about the AI technologies he's most excited about, and where he sees them already creating billions of dollars in value. Battery's AI Vision → No One Gushes About Govtech, But It Can Produce Some Nice Returns From modernizing parking payments or streamlining permit applications, venture-backed software and app developers are behind an assortment of tools getting funded. Govtech's Growth → 5 Interesting Startup Deals You May Have Missed In February Some may have missed a few of the more unique startups that raised fresh cash in the year's second month. With that, let's take a look back and recap some of the most intriguing raises of February. Interesting Deals → The 10 Biggest Rounds Of February: Epic Games Leads The List Thanks To House Of Mouse Investment February was a big month for big rounds. Companies needed to raise $170 million or more just to make the tailend of our list of largest U.S. venture funding deals. Big Funding Month → Privacy Policy | Terms of Service | View in Browser | Unsubscribe Crunchbase, Inc. 564 Market Street, Suite 700 San Francisco, CA 94104