City AI firms bucked the VC downturn, raised a whopping $483.6M in 2022 (Remarkable Ventures)

Pitchbook released a new report on Generative AI companies. Two Sigma is at the top of the heap among city firms funding the boom, followed by Remarkable Ventures, HBS Alumni Angels New York, Partnership Fund for New York City, Coatue Management and Betaworks Ventures.

City AI firms bucked the VC downturn, raised a whopping $483.6M in 2022