The upper end continued to grow and corporates launched a raft of AI funds, as bike sharing, real estate, smart vehicles and urban farming drew capital.
Billion-dollar babies
The stats will tell you that seed and early-stage funding is drying up (though how much that has to do with the preponderance of crowdfunding and now ICO’s as an alternative remains to be seen), but there was no sign the bubble is going to burst at the top of the market, as the most valuable private VC-backed companies continued to close massive rounds. In previous years nine-figures was the standard, but 2017 saw the emergence of…
