North American startup funding hit $92B in Q3, down 35% QoQ but up 50% YoY, with $61B to AI startups; there were 11 $1B+ acquisitions and IPOs remained quiet (Joanna Glasner/Crunchbase News)
AI companies took roughly two-thirds of North American startup funding in Q3.
Crunchbase News puts Q3 startup funding at $92B, down 35% from Q2 but 50% higher than a year earlier. AI startups accounted for $61B of that total. The quarter also saw 11 acquisitions above $1B, while IPO activity stayed muted. Techmeme's note
Crunchbase News puts Q3 startup funding at $92B, down 35% from Q2 but 50% higher than a year earlier. AI startups accounted for $61B of that total. The quarter also saw 11 acquisitions above $1B, while IPO activity stayed muted. Techmeme's note
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