Unique Research · Ranking · October 21, 2024 · Data lens: Crunchbase (CN editorial)
Methodology note
CN package is board/chart-heavy (~18 images). EN below restates the methodology narrative and key tables so the boards can be attached or redrawn on import. Figures are Q3 2024 unless noted. OpenAI’s post-quarter $6.6B raise is excluded from the AI totals cited.
Global picture
| Metric | Figure |
|---|---|
| Global VC | $66.5B (−16% QoQ / −15% YoY) |
| Late-stage | $34.7B (flat QoQ / −~25% YoY; fewer ≥$500M rounds) |
| AI startups | ~$19B = 28% of all VC (vs Q2 $23.4B / 30%) |
| AI deal count | First time <1,000 rounds since late-2022 ChatGPT boom |
Second time since the downturn began that global VC fell below $70B (also Q4’23); prior sub-$70B was 2017. Seed stable YTD; early-stage ~+10%; late-stage on track ~−20% YoY. AI beat healthcare/biotech ($15B), hardware ($13B), fintech ($8B).
Large AI rounds: Alphabet→Waymo $5B; Safe Superintelligence $1B; Groq $640M; Cohere $500M — capital concentrating in larger, validated AI companies rather than seed/A.
Regional boards
| Region | Total | Notes |
|---|---|---|
| North America | $40.5B (−10% QoQ / +14% YoY) | Late-stage $23.8B (+28% QoQ / +19% YoY; includes Waymo $5B). Early −39% QoQ / +16% YoY. AI ~$15B = >78% of global AI $. |
| Asia | $13.2B (−13% QoQ / −44% YoY) | Lowest since Q1 2015. Late $5.8B (−30% QoQ / −62% YoY). AI −20% QoQ / flat YoY. Seed/angel −9% QoQ / +6% YoY; early $5.6B (+12% QoQ / −17% YoY). China $6.0B (−61% YoY). Israel $0.7B (−23% QoQ / −46% YoY). |
| Europe | $10.0B (−39% YoY) | 4-year low. Late −>50% YoY; seed −18%; early −12%. UK $3.2B (−43% YoY). Germany +⅓ to $2.4B, overtaking France by ~$1B. |
| LatAm | $884M (~+14% QoQ & YoY) | Only tracked region with mild growth (still far below 2021 peak). Fintech led: Stori $107M, OCN $86M, Finkargo $75M. |
Sector note — cybersecurity
Cyber funding fell sharply in the quarter (full chart in CN boards) — a rare defensive sector not immune to the late-stage drought.
Board inventory: global totals; AI share; NA/Asia/EU/LatAm stage splits; AI mega-rounds; China/Israel detail; cyber drop. Attach or redraw 18 CN boards on import.
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