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In Q2 2024, investments in crypto by VCs and others reached $3.2B, the highest quarterly amount since Q4 2022. AI-related startups received $24.2B, double the Q1 amount. North American startups saw a 30% rise in funding, with a focus on AI companies. Global venture capital hit $55.6B, with significant capital concentrated in CoreWeave and xAI. Australian startups raised $1.5B across various sectors, while European startups secured €47.3bn in funding, with AI leading in Europe's late-stage funding.
State of Global Venture Capital – A Look at Q2 24 https://t.co/OMdteezxx9 | by @FoleyandLardner
European startups posted a pretty good Q2, showing an increase in late-stage funding. AI took the lead for funding in Europe, and one of the region’s most highly valued private companies, @RevolutApp, showed substantial revenue growth. https://t.co/kspF9S4wBU
European startups raised €47.3bn in equity, debt and grant funding across 2,971 rounds from January to June this year. https://t.co/qNq5uB6nBk
