AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology. 

According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed companies (startups and scale-ups) across the whole of the technology spectrum raised $227 billion in 2024, down 12% from 2023 figures. 

Yoram Wijngaarde, the founder of Dealroom, has been…