Global Venture Funding Hits $159B in Q3 as AI Takes 64% and Billion-Dollar Rounds Set a Record
Sarah Chen
4 min read
Global startup & business media
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Crunchbase data shows 27 companies raised $1B+ rounds in the quarter — more than any quarter on record — even as total funding fell 25% from Q2.
A busy start to October across AI hardware, open-source models, voice AI and sports infrastructure, according to funding trackers.
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A wave of specialist funds — defense, infratech, Nordic pre-seed — closed in September and early October.
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