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According to Crunchbase data , AI companies and startups raised $ 78.5bn that year alone , more than double the amount seen in 2020 . was actually below 2022 figures , meaning that AI companies managed to raise more fresh capital in fewer funding rounds .
After a fantastic 2021 , the fundraising activity dropped by 42 % year-over-year , but AI companies still raised a massive $ 45.2bn in 2022 . However , statistics show 2023 was even more successful , with companies and startups working in this space raising $ 4.5bn more than last year , or $ 49.8bn in total .
Nearly 60 % of that value , or $ 28.8bn , was raised in the first half of the year , showing a slight 4 % drop compared to the same period last year .
But the fundraising activity soared in the year ’ s second half , with AI companies raising another $ 20.9bn in funding rounds , almost 40 % more than in H2 2022 .
And while the total funding amount increased by $ 4.5bn year-over-year , the number of investments
Statistics show the AI industry saw 842 VC investments tin 2023 – down from 1,101 in 2022 .
AI companies hit over $ 333bn in total funding
With nearly $ 50bn raised in 2023 funding rounds , the cumulative funding amount in the AI space has climbed to $ 333bn .
Around 55 % of that value , or $ 189bn , went to companies from the United States – with California as the leading hub .
Asian AI companies raised the second-highest value in funding rounds , or over $ 96bn and European companies follow with $ 35.3bn in total funding . p
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