DeepSeek's $15.9B round lifts global venture funding to $59B in October
China’s Largest Startup Deal Ever Lifts Global Venture Funding To $59B In October
AI Overview
Global venture funding reached $59 billion in October, up 45% year over year, per Crunchbase data.
Why it matters
Crunchbase's October data shows how much of the record $59B global total came from a handful of frontier lab and infrastructure rounds, giving readers a concrete read on funding concentration.