Corporate briefing: The upper end continued to grow and corporates launched a raft of artificial intelligence (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 initial coin offerings as alternatives remains to be seen – but there was no sign the bubble was going to burst at the top of the market, as the most valuable private VC-backed companies continued to close huge rounds. In previous years, nine figures was the standard, but in 2017,…
