A couple of industries are leading the path in 2024 in attracting startup funding and seems these are sure to shape economy of tomorrow. The fresh investments into sectors like artificial intelligence (AI), fintech, healthtech and agritech reflects a focus on innovation and economic evolution.

AI is the standout equipped with more than $24 billion in funding allocated to startups in 2024. The reason is AI’s vast applicability across industries and its versatile capabilities like data analysis, workflow streamlining and creative output support.

Innovation is also driving momentum in healthcare and drawing over $11 billion this year. Funding is flowing into digital health and telemedicine as the industry reimagines accessible and personalized care. Startups in the sector are pioneering remote diagnostics, wearable health tech and biotech advances.

The fintech sector is making waves and raising around $15 billion while pioneering new forms of financial accessibility and control. Fintech startups are reshaping finance and especially in regions like North and Latin America where the need for accessible banking is crucial.

Cybersecurity is another critical area of focus equipped with startups raising $2.7 billion as demand for powerful digital defenses is increasing. Businesses are turning to zero-trust architectures and AI-enhanced threat intelligence to protect their data.

About $5 billion funding is being witnessed this year in clean tech that is equipped with commitment to addressing climate change. Startups focused on renewable energy, electric vehicles and carbon capture technology is becoming important in meeting global sustainability goals.

AgriTech startups are witnessing $3 billion funding to tackle challenges of sustainable food production. The startups support resource-efficient practices that are important with the growth of world population. AgriTech emerges as a sector with immense potential to redefine the environmental impact of agriculture.