TLDR:
- More than $35.5 billion invested in AI startups globally in the first half of 2024.
- 5 out of the 6 venture rounds of over $1 billion raised in the first half of 2024 were by AI companies.
For some, AI fatigue is real, but venture investors are still heavily investing in the AI category. In the first half of 2024, over $35.5 billion was invested in AI startups globally, with five out of the six venture rounds of over $1 billion raised by AI companies. Since June, 10 mega-round deals have occurred, with one company raising $1 billion. Some notable US-based AI startups that have raised $100 million or more in 2024 include:
Key US AI Startups:
- Safe Superintelligence raised $1 billion at a $4 billion valuation.
- Magic raised $320 million in a Series C round.
- Codeium raised $150 million in a Series C round.
- DevRev garnered a $1.1 billion valuation after a $100 million Series A raise.
- Abnormal Security raised $250 million for its AI-driven email security company.
Overall, these investments showcase continued interest and funding in AI startups, with significant amounts being raised by US-based companies in 2024.
