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Seed Funding Rose In These Spaces

Jan 24, 2025 - news.crunchbase.com
In 2024, despite an overall decline in seed-stage investment, certain sectors experienced significant growth in seed funding. Robotics saw a 77% increase, with notable investments in companies like The Bot Co. and Physical Intelligence, driven by the intersection of robotics and AI. The accounting, tax prep, and bookkeeping sector also saw a 70% rise in seed funding, fueled by AI innovations, with companies like Light and Tola securing substantial rounds. Legal tech maintained steady funding levels, with AI-driven startups like Norm AI leading the way.

Artificial intelligence remained a dominant category, attracting $7.6 billion in seed funding, accounting for over a quarter of global seed investments. Significant deals included EvolutionaryScale and H Company. The trend indicates a shift towards reducing human reliance in daily tasks, with robots and AI increasingly taking on roles traditionally performed by humans. This reflects a broader cultural shift from consumer-focused innovations to automation and efficiency-driven technologies.

Key takeaways:

  • Robotics saw a significant increase in seed funding in 2024, with over $1 billion raised, driven by large initial investments in companies like The Bot Co. and Physical Intelligence.
  • Accounting, tax prep, and bookkeeping startups experienced a 70% increase in seed funding, with AI-powered solutions attracting significant investor interest.
  • Legal tech maintained steady seed funding levels from 2021, with AI applications driving growth, particularly in the U.S.
  • Artificial intelligence attracted substantial seed funding, totaling $7.6 billion in 2024, with notable investments in AI robotics and generative AI startups.
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