AI and deep tech startups are dominating VC funding in 2023
The AI sector continues to secure the lion's share of investments in the venture capital landscape. Over a quarter of the total investments in US-based startups this year has gone toward AI companies, more than double the percentage of last year, according to a Crunchbase report.
A look at the latest early-stage cohort from Peak XV Partners, a focused VC fund in India and Southeast Asia – recently split from Sequoia U.S., strongly shows this prevailing trend, with AI and deep technologies taking centre stage.
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