TLDR:
- Q2 saw $18.3 billion go to AI startups, up 32% QoQ
- Global venture funding is up 8% QoQ, reaching $64.7 billion
Q2 venture capital investment data has been released, showing promising trends. CB Insights State of Venture Report highlights AI as a major area of interest for investors, with 28% of all VC dollars going to AI startups, the highest quarterly share on record. Global venture funding increased for the second consecutive quarter, reaching $64.7 billion, but deal volume remains below peak levels. The average deal size rose by 17%, indicating investor confidence in select startups. The US and Europe accounted for 39% of global exits, with the US seeing a 4 percentage point gain QoQ. Investment in startups in Asia declined, with China experiencing more than a 50% drop in investment QoQ. Juniper Square’s analysis of the PitchBook-NVCA Venture Monitor First Look for Q2 suggests signs of a recovery, with 155 VC funds successfully closing in the quarter. However, caution is advised as previous upward trends were followed by downturns. The data signals positive momentum for Q3 and beyond.
