
According to recent reports, global venture capital (VC) funding reached $70.1 billion in the third quarter of 2024, although the number of deals declined. A report from Crunchbase indicated that November 2024 saw $28 billion in VC funding, with artificial intelligence (AI) leading the sector by raising over $14 billion. The US and Canada region recorded the highest deal value totals for November at $12.66 billion, followed by the Asia-Pacific region at $8.45 billion. Additionally, private equity and venture capital-backed deal value and volume fell in November compared to the same period in the previous year. Despite these challenges, built world technology showed resilience in 2024, achieving triple-digit growth in critical sub-sectors related to climate change. Furthermore, a study from Cartainc noted a shift in venture valuations, revealing that 18% of new venture investments were classified as
.@cartainc finds that venture valuations have undergone a reset in the last two years: between Q2 2022 and Q3 2024, 18% of new venture investments were "down rounds," up from 10% between 2019 and Q1 2022. https://t.co/sFC1kZ4iRM https://t.co/mykqJv4iIQ
Despite a turbulent year for VC investment, new data shows that built world tech demonstrated notable resilience in 2024, outperforming wider markets and achieving triple-digit growth in sub-sectors that are vital to the fight against climate change. https://t.co/5BtQDx81IN
"Headed into the final month, the fourth quarter is already the second-most active period in 2024 for $10 billion-plus M&A announcements." @SPGMarketIntel https://t.co/5jvW1Wpbck



