Global VC Funding Ranks: Impact Startups Struggle While Robotics Thrives in 2024
19 November 2024•
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The global venture capital landscape in 2024 paints a dynamic picture of growth and headwinds across industries. Enterprise software leads the pack, attracting US $63 billion in funding with a robust growth forecast of 28%. The health sector follows closely at US $56 billion, although its growth projection is a modest 4%. Notably, robotics stands out as the fastest-growing sector, with funding expected to soar by 133%, underscoring its pivotal role in the future of automation and innovation.
Yet, the year has not been universally favorable. Impact startups, despite being the third most-funded category with US $33 billion, face a sharp decline of 28%, dropping to a projected US $37 billion—seven times greater than the global average funding decrease of 4%. Similarly, fintech and energy sectors are grappling with steep funding contractions of 26% and 30%, respectively, reflecting shifting investor priorities.
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