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Only 5% of $22B in VC funding for generative AI went to Europe
Sept. 15, 2023, 4:38 p.m. | Thomas Macaulay
The Next Web thenextweb.com
European startups got just $1bn of the €22bn that VCs have invested in generative AI since 2019, according to data from Dealroom. Unsurprisingly, American companies attracted the bulk of the money. A whopping $20bn — 89% of the global total — went to US startups. Their Asian counterparts raised only $790mn, while the rest of the world combined bagged just $454mn. Dealroom’s data collection ended on July 10, 2023. US startups have raised 89% of globally GenAI investment 😳 In …
asian bulk companies data dealroom deep tech europe funding generative global insider investors and funding money startups startups and technology total vc funding vcs
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