North America’s Startup Funding Falls In Q3 As AI Giants Eye The Public Markets

Funding to North American startups declined sequentially in the third quarter and came in well below the all-time peak. However, the dip is largely due to the absence of new megarounds for OpenAI and Anthropic and doesn’t appear to reflect any broad weakening in the venture investment climate.

In total, investors poured $92 billion into seed- through growth-stage rounds for U.S. and Canadian startups in the third quarter, per Crunchbase data. That’s a 35% decline from the prior quarter but…