1、State Of AIGLOBAL | Q3 2021Global data and analysis on dealmaking, funding, and exits in private-market AI companies https:/ What is CB Insights?CB Insights helps the worlds leading companies make smarter technology decisions with data, not opinion. Our Technology Insights Platform provides companie
2、s with comprehensive data, expert insights, and work management tools that enable them to discover, understand, and make technology decisions.SIGN UP FOR A FREE TRIAL2 https:/ Manage and communicate about your technology pipeline and funnel from anywhereFilter potential vendors, partners and targets
3、 with real-time dataCollectionsSuccess Proposal https:/ With CB Insights, Microsoft can quickly identify disruptive technologies and pinpoint the right market opportunities. This enables us to create digital-first offerings that empower our customers.Moran HavivStrategic Innovation, Microsoft https:
4、/ CB Insights shapes Nestls point of view on whats happening in the market so we can build digitally-enabled services and business models that drive growth and scale.Amy ThompsonDigital Innovation Manager, Nestl https:/ 6Artificial IntelligenceDig deeper.CB Insights clients can find and track compan
5、ies using our analyst-curated Expert Collections. https:/ 7The United States Of Artificial Intelligence StartupsAI Acquisitions Are Red-Hot In These SectorsAI Has A Transparency Problem. This Tech Could Help Enterprises Avoid Costly And Dangerous ErrorsRetail AI Trends To Watch In 2021AI Drug Discov
6、ery Platforms In Healthcare ESP Vendor MatrixAI Diagnostic Imaging In Healthcare ESP Vendor MatrixTech Market Map Report Autonomous Driving Tech In Auto & MobilityAI Is Driving Efficiencies In The Beauty Industry And How Brands Can Benefit70+ Synthetic Media Companies Using AI To Quickly Create & Pe
7、rsonalize Digital ContentThe Big Tech In Pharma Report: From Digital Pharmacies, AI For Drug Discovery, & Apps For Medical Records, How Amazon, Microsoft, Apple, and Google Will Reimagine The Industry Value ChainESG Scores Are Crucial For Achieving Corporate Sustainability Goals & Driving Investor C
8、onfidence. AI Is Taking Them Beyond GreenwashingComputer Vision For Underwriting And Claims In P&C Insurance ESP Vendor MatrixWith Semiconductor Demand Surging, Heres Where Smart Money VCs See The Future Of The IndustryShould Brands And Retailers Adopt Synthetic Media The AI For Digital Content?Our
9、Most Popular Client-Exclusive AIResearch https:/ ContentsGlobal Trends21Investment Trends22Unicorns & Valuations57Exit Trends67Investors75Collection Spotlights84Healthcare AI85Fintech AI98Retail AI111Geographic Trends123US124Canada134Asia143Europe152LatAm1618State Of AI https:/ What you need to know
10、 about AI venture in Q321 $17.9BIn global funding. New record.AI startups raised $17.9B in funding across 841 deals in Q321. This marks an 8% increase in funding and 43% increase in deals QoQ.At $50B, 2021 YTD funding has already surpassed 2020 levels by 55%.75%Growth in mega-rounds YTD.The number o
11、f $100M+ mega-rounds has reached a record-high 138 in 2021 YTD.There were 45+ mega-deals in each of the first 3 quarters in 2021 the highest quarterly numbers ever.100+AI acquisitions.Quarterly M&A deals have surpassed 100 for 2 consecutive quarters, putting total M&A exits at a record 253 in 2021 Y
12、TD.Annual IPOs and SPACs are also up this year. In Q321, there were 3 SPACs and 8 IPOs.$2.7BAcquisition by PayPal.The largest M&A deal of Q321 was PayPals acquisition of buy now, pay later (BNPL) startup Paidyfor $2.7B 370% bigger than the next largest deal.Paidy uses machine learning to determine c
13、onsumer creditworthiness and underwrite transactions instantly.43%QoQ increase in median US deal size.In Q321, global markets saw strong QoQ growth in the median size of funding rounds: 43% in the US, 64% in Asia, and 67% in Europe.Across regions, median deal size was $7M, while average deal size re
14、ached a record $33M.9State Of AI https:/ What you need to know about AI venture in Q321 (contd)13New AI unicorns.In Q321, 13 new AI unicorns 9 in the US, and 2 each in LatAm and Asia brought the total number of billion-dollar AI startups to 119.LatAm saw its first $1B+ AI valuations in 4 years, with
15、 new unicorns NotCo (AI-powered food tech) and Unico (digital identity protection).3Startups reach $2B+ valuations.Smart search developer Algolia was the highest valued new unicorn in Q321 at $2.2B.Computer vision startup Black Sesame Technologies and drug discovery startup XtalPiwere each valued at
16、 $2B.$8.5BHealthcare AI annual funding high.Healthcare AI has raised $8.5B in 2021 YTD, surpassing 2020s record of $6.6B. Q321 was healthcare AIs strongest quarter ever, with $3.2B raised across 149 deals.$4.8BAsia AI quarterly funding record.AI funding in Asia has surpassed $13B in 2021 YTD, with a
17、 record $4.8B in Q321 alone. Asia-based startups saw 13 $100M+ mega-rounds in Q321.Total funding in Asia exceeded $4B in each of the first 3 quarters in 2021.$1.5BCanada AI funding YTD.AI funding in Canada in 2021 YTD has already surpassed last years 12-month total by 206%, fueled by a funding spike
18、 in Q221. Despite a drop in funding, Q321 was the second-highest quarter ever for AI funding in Canada.10State Of AI https:/ Global AI funding breaks its own record for 4th straight quarter11State Of AI | Global Trends | Investment Trends$1.5B$1.3B$2.3B$1.2B$1.8B$2.5B$1.9B$2.1B$2.8B$4.2B$5.8B$5.2B$4
19、.1B$7.0B$6.4B$8.7B$6.6B$8.2B$8.3B$6.6B$6.3B$7.0B$7.8B$11.0B$15.5B$16.6BFunding$17.9B221215256247357309321358495436558516579643598521638671730628578557624653644588Deals8410100200300400500600700800900$0.0B$2.0B$4.0B$6.0B$8.0B$10.0B$12.0B$14.0B$16.0B$18.0B$20.0BQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q
20、1Q2Q3Q4Q1Q2Q32015201620172018201920202021$17.9BQ3 2021$16.6BQ2 20218%increaseQoQ https:/ $100M+ mega-rounds skyrocket in 2021 so far12State Of AI | Global Trends | Investment Trends$1.4B$2.0B$7.5B$12.8B$12.7B$14.9BFunding$31.2B71624495479Deals138020406080100120140160$0.0B$5.0B$10.0B$15.0B$20.0B$25.0
21、B$30.0B$35.0B2015201620172018201920202021YTD138 mega-rounds2021 YTD79 mega-rounds202075%increase https:/ AI sees 2nd consecutive quarter of 100+ M&A deals, tripling YoY in Q32113State Of AI | Global Trends | Exit Trends010132123101114111260066713IPO, 8101471316172819382532294053374762435757354635424
22、2107M&A, 10400000000000000000000000042SPAC, 3Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021104 M&A dealsQ3 202135 M&A dealsQ3 2020197%increase YoY https:/ PayPals $2.7B Paidy acquisition is by far the biggest of Q32114State Of AI | Global Trends | Exit TrendsCompa
23、nyValuation AcquirerCountry1Paidy$2.7B PayPalJapan2Chorus.ai$575M ZoominfoUnited States3Zebra Medical Vision$200M NanoxIsrael4SoundTech AI$150M International Consolidated CompaniesUnited States5WayCare Technologies$61M Rekor SystemsUnited States6Heyday$48M HootsuiteCanada7Voyage81$40M IL MAKIAGEIsra
24、el8Topos Labs$25M NuixUnited States9GAMEFACE$24M Slinger BagAustralia10Supahands$20M OmnyliticsMalaysia https:/ The US clocks a record-high median deal size this year15State Of AI | Global Trends | Investment Trends$3M$3M$3M$4M$5M$7M$10M2015201720192021YTD$10M2021 YTD$7M202043%increase201620182020 h
25、ttps:/ 13 new AI unicorns bring total number of billion-dollar AI companies to 11916State Of AI | Global Trends | Unicorns & Valuations11111300143346588513633241924New Unicorns, 13456781111111216192225303441495366717476757894111Total Unicorns, 119Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q
26、32015201620172018201920202021119 total unicornsQ3 202175 total unicornsQ3 202059%increase YoY https:/ Among Q321s new unicorns, three reach $2B+ valuations17State Of AI | Global Trends | Unicorns & ValuationsCompanyLatest Valuation Country1Algolia$2.2B United States2Black Sesame Technologies$2.0B Ch
27、ina2XtalPi$2.0B United States4FullStory$1.8B United States5NotCo$1.5B Chile6Rebellion Defense$1.1B United States6People.ai$1.1B United States8Xiaobing$1.0B China8Bluecore$1.0B United States8Amperity$1.0B United States8Unico$1.0B Brazil8Shield AI$1.0B United States8Snorkel AI$1.0B United States https
28、:/ Healthcare AI funding has already beat last years record by 29%18State Of AI | Collection Spotlights | Healthcare AI$0.5B$1.2B$1.7B$3.0B$4.4B$6.6BFunding$8.5B130184262334444447Deals366050100150200250300350400450500$0.0B$1.0B$2.0B$3.0B$4.0B$5.0B$6.0B$7.0B$8.0B$9.0B2015201620172018201920202021YTD$8
29、.5B2021 YTD$6.6B202029%increase https:/ AI in Asia sees 3rd straight $4B+ quarter, reaching a new high in Q32119State Of AI | Geographic Trends | Asia Trends$0.1B$0.2B$0.7B$0.3B$0.2B$0.8B$0.3B$0.5B$1.0B$2.0B$3.1B$2.5B$0.8B$2.8B$2.3B$4.6B$1.8B$2.1B$1.8B$1.2B$1.2B$2.5B$2.1B$2.9B$4.2B$4.5BFunding$4.8B4
30、645525176756885108120144165165218236178213210262224189199250243231197Deals321050100150200250300350$0.0B$1.0B$2.0B$3.0B$4.0B$5.0B$6.0BQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021$4.8BQ3 2021$2.1BQ3 2020129%increase YoY https:/ Canada AI funding in 2021 has alread
31、y grown 206% vs. last years total20State Of AI | Geographic Trends | Canada Trends$152M$34M$275M$476M$686M$488MFunding$1,493M323663788866Deals620102030405060708090100$0M$200M$400M$600M$800M$1,000M$1,200M$1,400M$1,600M2015201620172018201920202021YTD$1.5B2021 YTD$488M2020206%increase https:/ Global Tr
32、endsQ3 202121 https:/ Investment TrendsQ3 202122 https:/ Global AI funding reaches record-high $50B in 2021 YTD, up 55% vs. 202023State Of AI | Global Trends | Investment Trends$6.3B$8.3B$18.1B$26.1B$29.7B$32.2BFunding$50.0B9391,3452,0052,3412,6672,412Deals2,07305001,0001,5002,0002,5003,000$0.0B$10.
33、0B$20.0B$30.0B$40.0B$50.0B$60.0B2015201620172018201920202021YTD https:/ Global deals soar 43% QoQ in Q321, alongside a new funding record24State Of AI | Global Trends | Investment Trends$1.5B$1.3B$2.3B$1.2B$1.8B$2.5B$1.9B$2.1B$2.8B$4.2B$5.8B$5.2B$4.1B$7.0B$6.4B$8.7B$6.6B$8.2B$8.3B$6.6B$6.3B$7.0B$7.8
34、B$11.0B$15.5B$16.6BFunding$17.9B221215256247357309321358495436558516579643598521638671730628578557624653644588Deals8410100200300400500600700800900$0.0B$2.0B$4.0B$6.0B$8.0B$10.0B$12.0B$14.0B$16.0B$18.0B$20.0BQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021 https:/ US
35、 dominates AI funding in Q321, while Asia narrows gap in deal count25State Of AI | Global Trends | Investment TrendsUS$10.4B324 DealsAsia$4.8B321 DealsEurope$1.6B142 DealsLatAm$0.5B12 DealsCanada$0.4B24 DealsAll Other Regions$0.1B18 Deals https:/ US funding sets record in Q321, Asia and LatAm fundin
36、g trend up QoQ26State Of AI | Global Trends | Investment Trends$4.1B$8.8B$10.4BQ1Q3Q1Q320202021US$1.2B$4.5B$4.8BQ1Q3Q1Q320202021Asia$0.8B$2.2B$1.6BQ1Q3Q1Q320202021Europe$0.0B$0.2B$0.5BQ1Q3Q1Q320202021LatAm$0.1B$0.9B$0.4BQ1Q3Q1Q320202021Canada$0.1B$0.0B$0.1BQ1Q3Q1Q320202021All Other Regions https:/ U
37、S, Asia maintain lead in global AI deal share27State Of AI | Global Trends | Investment Trends60%60%66%55%57%56%58%53%51%48%47%46%43%43%36%40%40%42%42%37%40%39%36%35%42%40%US, 39%21%21%20%21%21%24%21%24%22%28%26%32%28%34%39%34%33%31%36%36%33%36%40%37%36%34%Asia, 38%15%16%11%19%18%15%18%18%22%17%22%1
38、7%22%18%20%20%19%20%18%22%21%20%19%22%18%18%Europe, 17%0%0%0%0%1%0%0%0%1%2%1%0%1%1%1%0%1%1%0%1%1%1%2%1%1%2%LatAm, 1%3%2%3%5%2%4%2%3%2%4%4%2%4%4%2%3%4%4%3%3%4%3%1%3%3%4%Canada, 3%1%0%0%0%1%1%1%2%1%2%1%2%2%1%1%3%3%1%2%2%2%1%2%3%1%2%All Other Regions, 2%Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q
39、1Q2Q32015201620172018201920202021 https:/ VCs lead investor deal share in Q32128State Of AI | Global Trends | Investment Trends39%40%37%37%37%40%32%39%33%36%36%38%38%35%36%39%36%37%34%34%35%36%35%37%32%34%VC, 32%12%17%13%17%14%17%18%17%15%17%17%18%17%17%17%19%19%20%20%19%19%20%19%19%20%19%Corp and C
40、VC, 18%6%6%6%6%6%5%7%7%6%8%8%11%Asset/Investment Management, 10%11%10%13%11%13%13%9%12%9%10%11%9%9%9%8%7%6%7%6%8%8%7%8%8%6%8%Angel, 9%5%5%7%5%7%8%8%Private Equity, 8%9%9%13%8%14%6%13%8%17%10%14%8%10%9%12%8%12%7%13%8%13%6%8%5%8%5%Incubator/Accelerator, 7%20%17%16%21%13%16%19%17%19%19%15%19%16%19%18%1
41、8%17%19%17%20%15%18%20%18%19%15%Other, 16%Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021 https:/ Average global deal size nearly doubles to reach $33M in 2021 so far29State Of AI | Global Trends | Investment Trends$8M$8M$12M$16M$16M$18M$33M$2M$2M$3M$3M$4M$5M$7M201
42、5201620172018201920202021YTDAverage SizeMedian Size https:/ Median deal size increases across major global markets30State Of AI | Global Trends | Investment Trends$3M$7M$10M2015201720192021YTDUS$2M$6M$9M2015201720192021YTDAsia$1M$2M$4M2015201720192021YTDEurope$0M$2M$5M2015201720192021YTDLatAm$1M$2M$
43、3M2015201720192021YTDCanada$0M$2M$1M2015201720192021YTDAll Other Regions https:/ Median deal size is up across all investor categories in 202131State Of AI | Global Trends | Investment Trends$2M$4M$6M2015201720192021YTDAngel$18M$33M$79M2015201720192021YTDAsset/Investment Management$9M$15M$21M2015201
44、720192021YTDCorp and CVC$15M$18M$57M2015201720192021YTDPrivate Equity$7M$11M$19M2015201720192021YTDVC$2M$5M$8M2015201720192021YTDOther https:/ Number of $100M+ mega-rounds YTD surges, up 75% compared to 202032State Of AI | Global Trends | Investment Trends$1.4B$2.0B$7.5B$12.8B$12.7B$14.9BFunding$31.
45、2B71624495479Deals138020406080100120140160$0.0B$5.0B$10.0B$15.0B$20.0B$25.0B$30.0B$35.0B2015201620172018201920202021YTD https:/ AI startups have raised 45+ mega-rounds every quarter in 202133State Of AI | Global Trends | Investment Trends$0.4B$1.0B$0.2B$1.0B$0.4B$0.5B$0.8B$1.7B$3.0B$2.0B$0.9B$3.5B$2
46、.9B$5.4B$2.9B$3.6B$4.1B$2.2B$2.7B$2.4B$4.1B$5.7B$10.9B$10.1BFunding$10.2B341834378671810147152012131622284746Deals4505101520253035404550$0.0B$2.0B$4.0B$6.0B$8.0B$10.0B$12.0BQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021 https:/ US leads in mega-round deals and fun
47、ding in Q32134State Of AI | Global Trends | Investment TrendsUS$6.2B24 DealsAsia$2.7B13 DealsEurope$650M4 DealsLatAm$355M2 DealsCanada$305M2 Deals https:/ Asia and LatAm see upticks in mega-rounds in Q32135State Of AI | Global Trends | Investment Trends315173524US, 24581112Asia, 1336Europe, 4LatAm,
48、24Canada, 2Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021 https:/ Mega-rounds make up only 5% of total deals in Q32136State Of AI | Global Trends | Investment Trends4%4%7%8%Mega-rounds, 5%99%100%98%100% 100%97%99%99%99%98%99%99%99%97%98%97%99%98%97%98%98%97%96%96%
49、93%92%Non-mega-rounds, 95%Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021 https:/ But they continue to account for over 50% of dollars invested globally37State Of AI | Global Trends | Investment Trends24%46%10%40%20%22%29%40%52%38%22%51%46%62%44%43%49%33%42%34%53%5
50、2%70%61%Mega-rounds, 57%76%100%54%100%90%60%80%78%71%60%48%62%78%49%54%38%56%57%51%67%58%66%47%48%30%39%Non-mega-rounds, 43%Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32015201620172018201920202021 https:/ Global: Top 10 equity deals in Q32138State Of AI | Global Trends | Investment TrendsC
