Page header cover

Venture capital investments in AI startups breaking records

According to the recent research by Pitchbook, from January to September of this year, venture investors funded $83.7 billion in startups in the fields of artificial intelligence and machine learning (AI & ML), which is 43.5% and 94% more than in all of 2020 and 2019, respectively.

The median valuation growth between rounds of AI startups reached 120%, while during the last four years, it varied between 60% and 80%. The volume of venture exits during IPOs and acquisitions amounted to $166.2 billion — against $51.5 billion in 2020 and $96.9 billion in 2019.

Scale AI is one of the largest AI startups in the United States: in two years the company’s valuation has grown from $1 billion up to $7 billion. Well-known venture funds are backing the startup: Y Combinator, Tiger Global, Spark Capital, Index Ventures, Accel.

Scale AI Investment opportunity with Raison Asset ManagementScale AI

Scale AI shares are available for clients of the Element GTPP fund managed by Raison Asset Management.