PricewaterhouseCoopers and CB Insights' Q1 2017 MoneyTree report highlights the latest trends in venture capital funding globally.

Venture Capital Funding Report Q1 2017

Investment continues at moderated pace

US VC-backed companies saw $13.9B in total financing across 1,104 deals in Q1’17, up 15% and 2% from Q4’16, respectively. Despite the uptick, both deal and dollar levels remain well below the peak levels of 2015.

AI off to strong start in 2017

AI deals continued rising to an 8-quarter high, as quarterly funding has now topped $500M in 7 of the past 8 quarters. Digital Health deal activity slid 23%, although one $900M mega-round propelled the quarterly dollar total upwards.

Corporates and corporate VCs have remained active, participating in 26% of all US deals in Q1’17, matching Q3’16 for an 8-quarter high.

Corporate participation remains strong