North American startup funding hits $92B in Q3, with $61B going to AI
North American startups raised $92B in Q3, down 35% quarter over quarter but up 50% year over year. AI startups took $61B of the total, and there were 11 $1B+ acquisitions and IPOs while the IPO market stayed quiet.
- Total funding reached $92B, down 35% from Q2
- Funding rose 50% year over year
- AI startups captured $61B of the total
- 11 deals and IPOs topped $1B
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