AI in Healthcare March 17, 2020
Venture capital investment volume and value continued to flow into the AI technology space in 2019, though the number of big deals dropped globally. Namely, 2019 passed without any billion-dollar deal values, while 2018 had one VC deal worth at least $1 billion.
That’s according to a new report from data analytics company Global Data, which tracked 2,018 VC funding deals worth $31.8 billion in the AI tech space last year.
While the number of VC funding deals rose from 1,627 in 2018, the overall value of the deals wasn’t too different. The 2018 deals came to $30.7 billion, by comparison. Deal volume grew 25% year to year, while deal value only rose 3.6%, meaning more smaller deals were reported...
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