Series B Funding Is Up, But Fewer Deals Are Getting Done
Investment is heavily concentrated in large AI-focused rounds, while small and mid-sized Series B deals have become scarcer. Notable large rounds include Prometheus and World Labs.
Key points
- $48 billion invested in Series B rounds so far this year
- Total number of deals is on track for a multiyear low
- Prometheus raised a $12 billion round
- World Labs and Valar Atomics each secured $1 billion
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