Proof Point
Global AI financing deals grew from 160 in 2012 to 658 in 2016, with total investment value increasing from $0.6 billion to over $5 billion
Global Investment in AI Companies
2012 – 2016 (US$ billions)
Proof Point Findings
- Increased Focus on AI Startups – Deals for artificial intelligence startups grew 42% annually between 2012 and 2016, from 160 to 658
- Exponential Investment Growth – Total investment value increased almost 71% annually, from $0.59 billion in 2012 to $5.02 billion in 2016
- 2016 Mega-Deals – Included $300 million corporate minority round from Volkswagen in Israel-based app Gett, $200 million Series A funding in unicorn tech company Zoox, and $180 million private equity financing in cybersecurity startup StackPath
- Key Growth Drivers – Include exponentially advancing processing power, proliferation of new learning algorithms, rapidly emerging new entrants, increasing industry demand for automation solutions, and intensifying competition between large tech companies in artificial intelligence
|
Accelerator |
|
|
Source |
|
|
Date Last Updated |
May 30, 2017
|
