Hey there and welcome back to our regular early morning look at personal business, public markets and the gray space in between.
Today we’re taking our last look back at Q1 venture capital through the lens of AI-focused start-ups. New data out today paints a mixed image of the AI start-up landscape. Endeavor dollar volume in Q1 was pretty good, though there was weak point in specific startup stages. Exit information was weak, nevertheless, and some Q1 numbers were juiced by a single offer.
AI-focused startups have grown past their history as the hot new thing (remember when every new tech company was doing AI for 45 minutes?) into a more mature niche; TechCrunch has actually spent a reasonable amount of time digging into their economics, and simply this week a new, $180 million AI-focused fund captured our attention.
In the post-hype days, then, let’s check in on what global AI start-ups got finished with financiers in Q1. We’re leaning on this report from CB Insights, which breaks down the quarter’s numbers for us. Let’s choose them apart and see what we can divine concerning the future.
AI Q1 2020
To set the phase, equity capital financial investment into AI-focused startups has normally risen on a worldwide basis for many years. Offer and dollar totals have actually increased year-over-year from 2015 through 2019. 2019’s Q2 and Q3 saw record AI startup endeavor dollar volume ($8.45 and $8.47 billion, respectively), per CB Insights. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.