Equity deals to startups in artificial intelligence — including companies applying AI solutions to verticals like healthcare, advertising, and finance as well as those developing general-purpose AI tech — increased nearly 6x, from roughly 70 in 2011 to nearly 400 in 2015.
Q1’16 saw a new peak in deal activity to the category.
Using the CB Insights database, we studied funding trends to AI-based companies, including:
- Annual and quarterly financing histories
- Deal share and dollar share by stage
- Most active VC investors
So far in 2016 (as of 6/15/2016), over 200 AI-focused companies have raised nearly $1.5B in equity funding. Our analysis includes all equity funding rounds and convertible notes.Read Complete Article