May 29, 2024

Charting new waters

Hi there, 

New startups continue to enter the generative AI space at a swift pace.

We break down the landscape in our Generative AI Market Map.

The map features 433 startups developing generative AI applications across 60 categories, from protein design to ML security.

CB Insights customers can get access to the full report, including category breakdowns, here.

Customers can also track all of the startups in this map and more in the Generative AI Expert Collection.

Bigger they are, harder they fail

The slowdown in global venture funding has left some startups strapped for cash.

Since we last updated our running list of high-profile startup failures, another wave of startups has shuttered, including 2 autonomous driving cos:

• Ghost Autonomy (April 2024)
• Phantom Auto (March 2024)

And our latest update shows that the funding slowdown isn’t the only force driving startups to close.

Using CBI instant insights, we analyzed the downfall of 10 high-earning startups to identify other factors at play, such as regulatory hurdles and deployment challenges.

Dive into these AI-informed post-mortems in this brief.

Now and later

The generative AI market map featured above will help you determine what the space looks like right now.

You’ll learn how the space breaks down and who competes in those markets.

But genAI is evolving quickly, so you should also be focused on how the space will change moving forward.

We’ve got you covered on that too — download our generative AI predictions report today.

Spread the wealth

Clean Energy Ventures recently announced that it raised $305M for its second fund, surpassing its initial $200M goal.

The VC firm also shared key focus areas for the fresh funding, including industrial decarbonization and grid tech like virtual power plants.

What startups could Clean Energy Ventures target as it pumps funding into these spaces?

Find out in our market maps covering climate tech in industrials and grid tech.

I love you. 

Anand 

@asanwal 

P.S. We’re hiring across multiple teams. Check out our open positions here.

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