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AI Firms Raise Total of $12 Billion in Third Quarter

  • AI firms raised a total of $11.8 billion in the third quarter, accounting for approximately 30% of VC investments globally.
  • Overall, AI startups have raised a record $53 billion year-to-date, surpassing the total for all of 2021.
  • Investment giant VanEck has launched a $30 million fund targeting AI and blockchain innovations in FinTech and digital assets.
  • San Francisco-based legal tech startup EvenUp has raised $135 million in Series D funding, valuing the company at over $1 billion.

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