Global VC Funding Settles Around $20B In February But AI Share Increases ➿➿➿➿➿➿➿➿➿➿➿➿ 🔴Global venture capital funding reached $21.5 billion in February 2024 — flat month over month and slightly up from February 2023, Crunchbase data shows. ➡️Globally, more than $2 billion was invested in seed-stage companies last month. Close to $10 billion was invested in early-stage companies. And venture investors spent $9.3 billion at late-stage, including technology growth companies. ➡️The largest funding round in February went to 32-year-old North Carolina-based Epic Games. That was a $1.5 billion strategic investment in the Fortnite maker from Disney at a valuation of $22.5 billion, which was 30% lower than the $32 billion valuation set in a 2022 funding round for Epic. ➡️The next largest funding went to a much younger company: Beijing-based AI startup Moonshot AI, which is just a year old. The large language foundation model company raised a $1 billion Series B funding at a $2.5 billion valuation led by strategic investor Alibaba and Sequoia Capital China. #venturecapital #venture #investments