Despite a strong pull from the AI sector, venture investment in the third quarter of 2024 wasn’t able to overcome its now more than two-year-long slump.
That’s the broad takeaway from our third-quarter venture funding numbers. In every major startup region in the world — North America, Europe and Asia — startup investment fell in Q3, Crunchbase data shows. The only region we track that saw a modest uptick was Latin America, but even there, it’s hard to ignore just how far venture funding has fallen since its 2021 highs. READ MORE