- Outpost 🌵
- Posts
- 💸 Fundraising Report: September
💸 Fundraising Report: September
$49.25 million raised across 18 AI & AI-adjacent deals
Patrick McGimpsey & Brody Adreon
October 01, 2024
📢 Sponsor Us | 📲 Follow us on X | 📨 Past Editions | 🗞️ TAO Times
📈 UPtober
Today we celebrate the first day of UPtober, and wish you all a profitable month.
Despite geopolitical tension in the Middle East, the crypto markets are giving signs of structural strength as ETF inflows remain positive, we are nearing an election decision, and the tech shows signs of fundamental improvement.
As such, let’s jump into today’s topic 👇
Fundraising Deep Dive
September is in the books, which means it’s time for our monthly fundraising report.
A big shoutout to Messari for having the highest quality fundraising dataset, making our lives much easier. Their comprehensive fundraising dashboard is complete with funding rounds indexed by project & investor, merger & acquisition activity, and funds raising capital!
September Stats
Total Deals: 204
Total Capital Raised: $961 million
Total AI Deals: 18
Capital Allocated to AI: $49.25 million
The 10 largest deals closed in the month of September.
Messari
Below is a complete overview of the AI projects and funds that received capital, along with M&A activity for the month of September👇