Artificial intelligence dealmaking has exploded recently, leaping to a new quarterly record of over 140 deals in Q1’16.
Corporates and their venture capital groups are among the most active investors in this category (tech corporates have also been active acquirers in the category).
Some takeaways from our infographic:
- Intel Capital is the most active corporate investor on our list, having backed over a dozen separate unique AI-based companies, including healthcare startup Lumiata, machine-learning platform DataRobot, and imaging startup Perfant Technology. Intel later acquired Indisys and Saffron Technology (as we’ve covered in our research, the pace of tech company M&A in AI has accelerated recently).
- Expect Labs (MindMeld), which builds intelligent conversational interfaces, has backing from 4 investors on the list: Intel Capital,Google Ventures, Samsung Ventures, and In-Q-Tel.
- Google Ventures, which backed over 10 unique companies, ranked second as an active investor in AI. As we earlier reported, Google is also a major acquirer of AI startups.