Global Venture Funding Plummets in April – Healthcare and AI Thrive Amid Market Turmoil

The decrease in global venture funding is a clear sign of the economic downturn caused by the coronavirus pandemic. Despite this, certain industries are still managing to attract investment. Healthcare, AI, and financial services have all seen an increase in funding compared to last year. This demonstrates that investors are prepared to back companies with innovative products and solutions that can help people during these difficult times.

Interestingly, unicorn funding has dropped significantly from 40 at the same time last year down to single digits now – showing just how much of an impact COVID-19 has had on venture capital investments globally. It’s likely that many startups will struggle due to lack of access funds but those who do manage it could be well placed for success when things start returning back towards normalcy later this year or next year as economies begin recovering from their current state.