We know there has been an ongoing slowdown in venture capital funding for startups – this has been the case since 2022 and it continues to impact startups at all stages of growth. The slowdown appears to be leveling from 2022, however, suggesting that the market may be normalizing. Furthermore, investors are still active in certain key sectors and notable trends are beginning to emerge in the landscape this year. Here are five key areas that attracted significant investment during Q1 2023: Artificial Intelligence Continues to Soar : Artificial intelligence (AI) has been a driving force in technology and business for several years, and Q1 2023 saw this trend continue unabated. AI-focused startups received substantial investments as the potential of AI-driven solutions in various industries remains immense. Investors recognize the transformative power of AI in areas such as health care, professional services, finance, cybersecurity, and autonomous systems, leading to heightened interest in funding ventures with promising AI integration. Sustainability and Clean Tech : The growing global emphasis on sustainability has translated into increased venture capital investment in the clean tech sector. Startups dedicated to developing environmentally friendly solutions, renewable energy, waste management, and efficient resource utilization attracted significant funding […]