Biotech, AI and climate tech are booming sectors for startups — Web Summit Qatar

Cointelegraph’s team is at the Web Summit Qatar, covering key predictions for 2024 in venture capital, technology and beyond.

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While venture capital is scarcer than during the last crypto bull cycle, some sectors are seeing a rise in valuations, drawing investors’ full attention in 2024. 

During a panel at the Web Summit Qatar moderated by Cointelegraph’s editor-at-large Kristina Cornèr, venture funds executives discussed their investment strategies for the coming months and what makes founders stand out.

According to Kevin Holmes from the Founders Network, startups working on artificial intelligence, climate tech, biotechnology and the healthcare industry are on the rise. “This year, it feels like we’re coming back, and we’re on the verge of another sort of boom with GenAI,” he stated.

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