 October 5, 2024  Global venture funding in the third quarter of 2024 reached $66.5 billion, Crunchbase data shows. That's down 16% quarter over quarter and 15% year over year from the $78 billion invested in Q3 2023.  Startup investors were looking to M&A in 2024 as the fast track to getting liquidity. But while Crunchbase data shows deal volume for venture-backed companies is likely up year over year, it remains sluggish compared to earlier years.  So far this year, startups with business models tied to carbon capture, storage and transformation have closed on nearly $1.2 billion in equity and debt financing, per Crunchbase data.  We take a look at creating seedless, climate change-resistant fruit, AI helping take care of your pet, carbon-negative power plants, and more.  AI startup Safe Superintelligence's $1 billion round easily led the way. However, it wasn't just AI that got funding in September, as biotech makes up about half the list.  Predictions and Insights offer predictive company intelligence about private companies and company health by combining our proprietary private company data with the power of AI. Now, you can incorporate company Growth Insights, Funding Predictions, Investor Insights and more into your own products and tools using the Crunchbase API. Crunchbase, Inc. |
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