North America’s technology industry saw a drop of 8.06% in artificial intelligence deal activity during August 2022, when compared with the last 12-month average, led by ClearVue Partners, Falcon Capital and Fubon Financial’s $200m venture financing of Triller, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 114 technology industry artificial intelligence deals worth $1.4bn were announced for the region in August 2022, against the 12-month average of 124 deals.

Of all the deal types, venture financing saw most activity in August 2022 with 87 transactions, representing a 76.3% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was M&A with 23 deals, followed by private equity deals with four transactions, respectively capturing a 20.2% and 3.5% share of the overall artificial intelligence deal activity for the month.

In terms of value of artificial intelligence deals, venture financing was the leading category in North America’s technology industry with $1.27bn, while private equity and M&A deals totalled $112.5m and $13.99m, respectively.

North America technology industry artificial intelligence deals in August 2022: Top deals

The top five technology artificial intelligence deals accounted for 43.2% of the overall value during August 2022.

The combined value of the top five technology artificial intelligence deals stood at $604m, against the overall value of $1.4bn recorded for the month.

The top five technology industry artificial intelligence deals of August 2022 tracked by GlobalData were:

1) ClearVue Partners, Falcon Capital and Fubon Financial $200m venture financing deal with Triller

2) The $115m venture financing of Afresh Technologies by Bright Pixel Capital, HighSage Ventures, Innovation Endeavors, Insight Partners, Maersk Growth, Spark Capital and VMG Partners

3) Recognize Partners $100m private equity deal with BLEND360

4) The $99m venture financing of Anyscale by Addition Ventures, Foundation Capital and Intel Capital

5) First Round Capital, Goldman Sachs Asset Management, Icon Ventures, Khosla Ventures, Maynard Webb, Menlo Ventures, Norwest Venture Partners, Ram Shriram, Silicon Valley Bank, Thoma Bravo, True Ventures, World Innovation Lab and Zoom Ventures $90m venture financing deal with Aisera