Financing for Artificial Intelligence

Insights Posted on local time on July 17 second quarter of global artificial intelligence start-ups and financing reporting, although the second quarter transactions singular chain fell 10%, but turnover of 1.049 billion US dollars of successfully broke through the $ 942 million in 2014 fourth quarter history The new quarterly high.

The report notes that removing incubator and accelerator, artificial intelligence start-ups in the second quarter the number of transactions for the financing of 121 orders, compared with the first quarter of 2016, a record high of 134 single down 10%, trading volume reached 1.049 billion US dollars, up by 64.9% MoM . Which include Chinese health big data platform carbon cloud intelligence (iCarbonX) in April this year and Tencent, the source of Concord A round of financing $ 154 million, the California network security startups Cylance in June this year and the Blackstone Group (Blackstone Group), Kos pull Ventures (Khosla Ventures) like D round of financing $ 100 million.

Most financing transactions in the second quarter occurred in the early stages of start-up companies, seed round, Angels and A round wheel covers 60% of the transaction, the middle stage (B and C round wheel) transactions accounted for only 12%.

In the second quarter, China, India, Sweden, Ukraine more than fifteen countries, including artificial intelligence start-up companies received equity investments. Nearly 70% of transactions concentrated in the United States, Canada and the United Kingdom accounted for 5%, respectively, followed by Israel and Germany.

Reported that Alibaba Group to participate in e-commerce search business Twiggle Israel in May of this year’s A round of financing, will help optimize the user Twiggle online search results. According to Bloomberg, the Alibaba’s investment of about 5 to 10 million dollars.

Lerer Hippeau Ventures, Khosla Ventures and Bain Capital (Bain Capital Ventures) is the most active investors in the second quarter of artificial intelligence. Since 2011, Khosla Ventures invested a total of more than 15 AI companies, ranked first, Intel Capital (Intel Capital) and Data Collective tied for second place.

Leave a Reply

Your email address will not be published. Required fields are marked *