Trends in global VC: November 2024

🌐 Growing investment in artificial intelligence and Web3

Artificial intelligence continues to attract significant investment, especially in the US and Japan. For example, BioPhenoMA, a startup from Japan developing a drug development platform based on blood biomarkers, received $1.3M in funding. In the U.S., Algorized, a company developing software to determine the position of people, received $4.3M in Seed funding.

🏦 Startups in financial technology and smart lending

Europe and India are seeing a surge in fintech investments. For example, Netherlands-based Modifi offers a 'buy now, pay later' financial management platform, raising $15 million in November. In India, Easy, an online mortgage lending platform, raised $35 million in a B-stage round.

☘️ Green energy and sustainable technologies

Companies developing solutions for decentralized energy systems have also received funding. US-based startup UtilityInnovation Group is developing technologies for microgrids and decentralized energy, reflecting global interest in sustainability and energy independence.

These investments confirm that venture capital funds are actively supporting technology development in sectors ranging from medicine and energy to fintech, despite global uncertainty.

Sources: Venture Capital Insiders, Global Corporate Venturing

22 Nov 2024