Friday, February 17, 2017

Last year, the global venture capital funding declined ... AI will increase investment



[Korea goyounghun financial newspaper reporter] last year, the global venture capital (VC) funding showed a decline. Artificial Intelligence (AI) showed that investments will increase.

According to the Korea Financial Investment Association 17, 2016 global scale venture capital funding has decreased by 23% year-on-year to total $ 100.8 billion, in particular the performance of the US Silicon Valley VC funding Mecca fell 28% year-on-year to $ 24.9 billion.

Silicon Valley still accounts for 25% of global VC funding, with two centers of VC funding twice the size of New York in the United States, which is larger than all of Europe.

The industry is expected to fall in 2016 compared with the foam of the initial VC funding boom from 2014 to 2015 but decreased in size was flat level of concern is not a market downturn.

The US VC investment in the security field the fourth quarter of last year plummeted 51 percent compared to the same quarter of the previous year change in the target sectors for investment. But AI start-up sector has increased by 16%.

In Europe, VC funding in the same period increased by 22% mainly health care, such as mobile trading applications. Experts had forecast that VC funding "will be expanded to automotive, financial services, health care, etc. Among the specific practical field, as well as start-up investment continues to increase year on AI field."



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