Tagged: vc activity

AI-Focused VC Activity Surged During Q1 based on OpenAI’s Unconventional Corporate Investment from Microsoft: Pitchbook Report

July 5, 2023 @ 10:50 am By Omar Faridi |

VC activity ticked up in Q1 based on OpenAI’s unconventional corporate investment from Microsoft, according to an update from Pitchbook. Pitchbook has reportedly tracked $22.7 billion in investment during the quarter, “including $12.7 billion from generative AI investments including OpenAI.” If OpenAI’s deal is excluded,… Read More

Insurtech Firms Could Become Acquisition Targets of Incumbents as Valuations Remain Depressed: Report

January 11, 2023 @ 11:47 pm By Omar Faridi |

In Q3 2022, Insurtech companies globally “raised $1.6 billion in VC across 134 deals, representing a 51.1% decrease in QoQ deal value,” according to an update from Pitchbook. This was “the lowest amount of invested capital since Q2 2020 and the lowest deal count since… Read More