Global venture funding in the first quarter of 2024 reached $66 billion, a 6% increase from the previous quarter but a 20% decrease from the same period last year. That’s according to data by Crunchbase.
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In Q1 2024, the enterprise software category received the highest VC funding among industry sectors per Dealroom, a Netherlands-based data platform for startup intelligence. The energy category is approaching the top three for venture capital raised.
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“Frontier” technologies combine scientific breakthroughs with real-world needs. During Q1 2024, generative AI, semiconductors, and drug discovery emerged as the top-funded segments in frontier technology.
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In Q1 2024, the United States, China, and the United Kingdom continue to lead in venture capital investments.
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