Artificial intelligence startups
Our blog contains short snippets from our full research coverage. We release new content regularly, so check back often for the latest insights.
Artificial Intelligence Funding Slowing Down
The pandemic and resulting economic toll has presented challenging headwinds for startups. In this post we look back on Q2 ending funding trends for AI startups to determine the trajectory of innovation in this emerging technology sector.
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AI Q1 2020 Exit Activity
The below chart summarizes AI year-to-date exit activity compared to last year. As you can see, there were 18 exits in Q1 2020, which is a 25% drop from Q1 2019. A quarter of the way through 2020, and we are at 23% of the 2019 full-year exit activity.
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AI Q1 2020 Funding
The below chart summarizes AI year-to-date funding compared to last year. As you can see, Q1 2020 funding closed at $3.1B, which is a 44% drop from Q1 2019. A quarter of the way through 2020, and we are at 13% of the 2019 full-year funding amount.
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AI 2019 Funding Achieved Banner Year
As part of our research process, we track and analyze funding developments within the sector. The below chart shows AI funding over time and calls out the largest funding round in recent years. As you can see, AI funding increased continuously from 2015 through 2019, with last year’s funding hitting a historic high at $24B.
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Artificial Intelligence Q1 Update in 15 Visuals
We at Venture Scanner are tracking 957 Artificial Intelligence companies across 13 categories, with a combined funding amount of $4.8 Billion. The 15 visuals below summarize the current state of Artificial Intelligence.
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