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The $213m venture financing of Astronomer was the technology industry's top artificial intelligence venture financing deal as total deals worth $5bn were announced globally in March 2022, according to GlobalData's deals database. The value marked an increase of 35.05% over the previous month of $3.68bn and a drop of 12.8% when compared with the last 12-month average, which stood at $5.7bn. Comparing artificial intelligence venture financing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $2.69bn. At the country level, the US topped the list in terms of deal value at $2.59bn. In terms of volumes, North America emerged as the top region for technology industry artificial intelligence venture financing deals globally, followed by Asia-Pacific and then Europe.

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