Reported 12 months ago
Venture capital funding in the US reached $55.6 billion in Q2, the highest in two years, driven by a 47% increase from Q1, with significant investments in AI startups like Elon Musk's xAI and CoreWeave. The excitement around AI's potential returns has boosted VC recovery after a decline from record highs in Q4 2021. Despite the capital influx into AI, exits remain challenging, with small deals generating $23.6 billion exit value in Q2, signaling a struggle in the IPO market for VC-backed companies.
Source: YAHOO