What You Need to Know About AI Venture in Q3 '21

Issue 25 - Convergence: Market Forces and Timing = Opportunity

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What You Need to Know About AI Venture in Q3 ‘21

H1’21 Surpasses All of 2020

In global funding. New record.
AI startups raised $17.9B in funding across 841 deals in Q3’21. This marks an 8% increase in funding and 43% increase in deals QoQ. At $50B, 2021 YTD funding has already surpassed 2020 levels by 55%.

AI Acquisitions.
Quarterly M&A deals have surpassed 100 for 2 \consecutive quarters, putting total M&A exits at a record 253 in 2021 YTD. Annual IPOs and SPACs are also up this year. In Q3’21, there were 3 SPACs and 8 IPOs.

Healthcare AI. Annual funding high.
Healthcare AI has raised $8.5B in 2021 YTD, surpassing 2020’s record of $6.6B. Q3’21 was healthcare AI’s strongest quarter ever, with $3.2B raised across 149 deals.

- Source: CB Insights, State of AI Global Trends

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