Get the latest tech news
Global VC investments rose 5.4% to $368.5B in 2024, but deals fell 17% | NVCA/Pitchbook
Global venture capital investments rose to $368.5 billion in 2024, up 5.4% from $349.4 billion a year earlier, the NVCA/Pitchbook said.
Its true that amount was heavily influenced by the likes of OpenAI, Databricks, xAI, and other well-known companies raising for share buybacks and investment into chips and computing energy needs, but the most important factors is the level of capital availability for AI compared with other sectors, Stanford said. The proportion of total deals going to AI companies has consistently increased over the past couple years as large corporates and investors alike move to harness the expected efficiencies of the next tech wave, he said. OpenAI, xAI, Anthropic, and others have become synonymous with outsized deals in venture, and seemingly operate in a different funding environment than most VC-backed companies who continue to struggle with lower capital availability, Stanford said.
Or read this on Venture Beat