Total investment in 2024 matches 2022, marking a rebound from 2023, which hit the decade’s second-lowest point since 2015.
- Applications investment led Q4 with $7.4B, though fewer rounds highlight broader funding challenges.
- Infrastructure funding, which has exceeded $10B annually since 2020, totaled $9.0B in 2024. Furthermore, elevated growth-stage activity signals the potential for larger raises ahead.