In areas from consumer products to apps to gaming, U.S. venture firms have raised fresh capital to invest in industries where funding levels remain drastically below peak. This, along with a modest uptick in first-quarter venture investment, indicates some sectors may have hit a cyclical low last year and should be heading higher. To get a sense where newly allocated capital is going, we aggregated U.S. fundraising data for all new startup investment vehicles announced this year. We then looked at some of the sectors where investors plan to focus. To a large degree, they will continue to fund hot themes of recent quarters, and AI in particular. However, we also saw a number of funds targeting areas that might be considered more out of favor. Let's take a closer look. Against that backdrop, it's interesting to see that Andreessen Horowitz has earmarked $1 billion out of the firm's latest $7.2 billion fundraise to go toward an apps-focused fund. One expects AI will factor heavily into...
learn more
