Global VC Funding Ticked Up In November Thanks To AI And Billion-Dollar Deals

Global venture funding totaled $28 billion in November 2024, Crunchbase data shows. That’s down from the $32 billion raised in October 2024, but up from the $21 billion raised in November 2023.

More than a third of funding last month came from just three companies that each raised billion-dollar-plus rounds: AI foundation model companies xAI and Anthropic, and quality engineering testing service Tricentis. READ MORE