AVATIST’s Post

While generative AI has been dominating headlines, data shows that venture capital isn't solely focused on AI. Here are the top non-AI sectors attracting significant investor interest: 🌍 Climate tech: Sustainable solutions are hot, with $70.1 billion invested since 2021. ⛏️ Web3 and crypto: Despite market volatility, this sector has seen $68.1 billion in funding. 💶 Fintech: Financial technology continues to innovate, drawing $62.9 billion in investments. 💻 Enterprise software: B2B solutions remain strong with $48.1 billion invested. 💉 Biotech and healthcare: These sectors have attracted $47.6 billion, driven by pandemic-related advancements. While AI is undoubtedly transformative, it's clear that investors are still betting big on a diverse range of technologies and industries. #VentureCapital #TechInvestment #InnovationTrends #StartupFunding

This is a positive development for the tech industry and society. Unlike NFTs and other web3 use cases that offered little value or utility, AI is not just about AI itself. It addresses problems across various industries, including tech. Therefore, the prospect of a return on investment is good and carries much less risk; However, the old question lingers: Is the investment democratized? Or is it still the case that a few founders raise much larger amounts while many good ideas die due to non-technical barriers to fundraising? #ai #innovation #startups #vc #investment

As an angel investor with a Pre-Seed AI deal currently in diligence, there are two things I want to flag about the $27.1B deployed into AI: 1️⃣ VCs will always invest in trends - Happened w/ DotCom in 90s/00s, w/ Future of Work during COVID - It’s a numbers game and you gotta play (big) to win - I know this. I get it. It makes sense. Next. 2️⃣ VC signaling can also be dangerous and irresponsible - Leads founders to believe they HAVE to become an AI startup - Sheep-like VCs (with 0 background/knowledge) invest out of FOMO - The same VCs often convince startups to shift entire business Notions like “The AI train is leaving the station & you need to be on it,” though completely warranted, can be misleading for some founders. Yes. AI is taking over and creating some revolutionary advances – but not *all* startups need to be AI startups. Remember in 2021 when crypto and blockchain had a whopping $32.8 billion in VC funding? All of that went to shit when ONE GUY took advantage of booming trends and showed the market what happens when you don’t look close enough. Case in point: Founders, while VCs may convince you to build an AI startup, or shift your entire business to focus on AI for the sake of fundraising, Be cognizant that funding trends come and go, and new trends are always on the rise – No matter how revolutionary, how sustainable, or how life-changing the current technology is. Shoutout to James Callan for bringing this to the feeds.

To say that AI is the new obsession in VC investing is an understatement. I haven't seen a pitch that doesn't include AI in some shape, form, or fashion in quite a while...and don't expect to. All I can say if you are looking at the space or deals within the space is to please sift through the hype from the reality of what is there. Not every single company can be THE expert and the best in the world...but that is often the positioning ;). But having said that....truly amazing advances are happening in this tidal wave. #AIinvestment #VCobsession #AIpitch #VentureCapital #AIobsession #AIinnovation #VCinvesting #TechInvestment #AItechnology #FutureofInvesting https://lnkd.in/dacP8jKq

#17th May# Hey, Linked In fam! 🌟 Let's dive into today's latest global business excitement together!🚀💼 1.🧊 Celcius Logistics, a local aggregator offering complete cold-chain solutions, has secured Rs 40 crore ($4.8 million) ❄️, demonstrating the importance of maintaining temperature-controlled supply chains in various sectors. 📦 2.🧑⚕️Red.Health, a health-tech startup based in Bengaluru, has raised $20 million 💰in a Series B funding round led by Jungle Ventures, a venture capital firm based in Singapore, indicating a growing interest in innovative healthcare solutions. 💊 3.🪙CoinDCX, an Indian cryptocurrency exchange, is launching its blockchain and token, Okto Chain, aiming to promote decentralized finance (DeFi) adoption in India, 🚀marking a significant step towards advancing the country's digital financial ecosystem. 💱 4.🥇Rupeek, an online platform for gold loans, has raised Rs 50💰 crore from 360 One Large Value Fund (formerly IIFL Wealth Management), showcasing investor confidence in the platform's potential to revolutionize lending services. 💼 5.🫂Mike Krieger, co-founder of Instagram and Artifact, has assumed the role of Chief Product Officer at Anthropic, an AI company, underscoring the company's commitment to innovation and product development in artificial intelligence. 🤖 6.👩💻Highperformr.ai, a marketing SaaS platform, has raised $3.5 million in its seed round,📈 led by Venture Highway, Neon, and DeVC, highlighting investor confidence in the platform's ability to disrupt the marketing industry with AI-driven solutions. 💡 7.☁️Infurnia, a startup offering cloud-native architecture design software, has raised $1.2 million in an angel round led by Yogesh Chaudhary, reflecting investor belief in the transformative potential of technology in architectural design processes. 🏢💻 8.⚒️Indeed, the job listing site, is downsizing its workforce by cutting 2,200 jobs, approximately 15% of its employees, indicating adjustments in response to changing market dynamics. 💼📉 9.💻OpenAI has unveiled GPT-4o, a revolutionary advancement set to revolutionize conversational AI, ed-tech, and call centre businesses, signalling progress in natural language processing technology. 🗣️📚 10.🦈Niyogin is set to acquire Orbo's AI platform, a featured entity on Shark Tank, for the BFSI sector, highlighting strategic moves to enhance offerings in the financial services industry. 💼 🎯Hit that "FOLLOW" button for a front-row seat to the World's startup & Business scene, where every day brings a new adventure in entrepreneurship! 💼✨ #sharktank #OpenAI #Layoffs #Crypto #Linkedinfam #business #News #BusinessNews #startup

In the third quarter of 2024, thirty percent of venture capital funding went to AI businesses, according to Stocklytics. Artificial intelligence firms saw substantial financial inflows throughout the quarter despite an overall fall in venture capital funding. In the last ninety days, Artificial intelligence businesses have raised $11.8 billion in funding, which makes up thirty […] #AI #AIbusinesses #AIStartup

TEAM BEHIND AI-FOCUSED L1 GENLAYER SECURES $7.5M IN FRESH FUNDING - YeagerAI, the firm behind the development of ‘AI-powered blockchain’ GenLayer, has closed its official seed funding round with investment from multiple well-known VCs. - The round sees the project attract some $7.5 million in new capital, with investment from the likes of MH Ventures and Arthur Hayes’ family office, Maelstrom. - Other participants in the seed round include, but are not limited to… - North Island Ventures [Lead] - Arrington Capital - Node Capital - WAGMI Ventures - Blockbuilders … as well as multiple angel investors - YeagerAI is developing an all-new technology known as ‘intelligent contracts’, which are able to… “handle non-deterministic operations such as natively connecting to the Internet, processing natural language, and making complex decisions without human intervention”, per GenLayer’s website. - Fascinatingly, these novel contracts are able to establish “consensus on subjective decisions”, said GenLayer’s Albert Castellana, according to The Block. - Naturally, the implications here are hugely significant, opening up the possibility of developing applications/contracts with a massive array of use-cases. - As highlighted on the project’s website, said use-cases include “Trustless and infinite prediction markets, built on information available on the Internet”, innovations in decentralized insurance payouts, and much more. - To learn more about GenLayer, YeagerAI, and their progress so far, make sure to visit genlayer[dot]com and follow @GenLayer  on X/Twitter.

New article out from Anis Uzzaman Ph.D.: AI For Venture Capitalists: Trends To Watch And Key Considerations Please check it out and share! https://lnkd.in/gCdsxGw7 #AI #VC #ethics #robotics #pegasus #investing #investment #edgecomputing

Thank you for the engaging interview, David Teten. While it's an exciting era for #deeptech, #AI, and #enterprisesoftware, the #VC industry has often lagged in evolution, maintaining the status quo over several decades. This persistence is partly due to entrenched practices and a reliance on traditional investment models that haven't adapted to the societal and technological advancements surrounding us. A significant area where this is evident is decision-making biases, particularly in deals involving women and minority founders. Historically, the venture capital landscape has been dominated by homogeneous decision-makers, resulting in unconscious biases that affect which startups receive funding. These biases can result in a disproportionate lack of capital for #DiverseFounders, perpetuating inequality and overlooking vast areas of untapped potential and innovation. To truly transform, the VC industry must actively recognize and address these biases. This involves leveraging data-driven insights and AI to standardize evaluation processes and make decisions based on objective criteria rather than subjective biases. By doing so, we open ourselves to a broader, more inclusive array of opportunities that reflect the diverse markets we serve. We have been fortunate to contribute to the development of the CIMA FUNDMASTER, which is set to change this landscape for the better. By integrating advanced analytics and AI into its platform, #CIMA aims to level the playing field by providing equal opportunities for all founders, regardless of background. Significantly, CIMA involves LPs in the decision-making process, giving them the choice to invest or not in specific deals. This inclusion not only adds transparency but also reduces bias in investment decisions by broadening the perspectives involved. Through CIMA, the VC industry can foster a more equitable ecosystem where innovation thrives, driven by the best ideas rather than the narrow perspectives of the past. I'm grateful for the opportunity to discuss how we're addressing these challenges at Candou Ventures and are committed to leveraging technology and insights, particularly through CIMA, to drive more inclusive and equitable investment strategies. Faraj Aalaei Shahin Hedayat Linda Reddick Laleh Masnavi Mehdi Maghsoodnia Nader Vasseghi Parsa Habibi Julie Castro Abrams Barbara Bickham Shellye Archambeau Gary Swart Kamran Elahian zohre elahian Mamoon Hamid Rohini Chakravarthy Keith Teare Kayvan Baroumand Pegah Ebrahimi Lucy Chow Lip-Bu Tan J. Skyler Fernandes Dave McClure David McJannet Meera Clark Azita Arvani, Stanford Sloan Fellow DeLinda Mrowka Michael Isip KQED Stanford University Stanford University Graduate School of Business Robert H. Cyrus Akbarpour Silicon Valley Cloud IT, LLC

2024 is shaping up to be a groundbreaking year for AI investment in the UK, with the fintech sector leading the charge. AI is revolutionizing financial services, driving innovation, and unlocking new opportunities for growth. Want to know what’s fueling this surge in AI funding? Check out the full article for insights on how AI is reshaping the fintech landscape and positioning the UK as a global leader. #AI #Fintech #Investment #Innovation #UKTech https://lnkd.in/e3KV6Dw7