AI features in nearly two-thirds of startup funding applications, Galileo Ventures finds

• Galileo Ventures received over 550 startup funding applications this year, twice the prior year's total.
• Nearly two-thirds mentioned AI in product descriptions, compared with 13% in 2022.
• The share reporting early customers and trial users rose to 40.7% from 35.2% a year earlier.
• Applicants reporting later-stage traction, from revenue generation through growth and scale-up, fell to 15.8% from 21.2%.
• Solo founders accounted for 47% of applications, up from 37% the previous year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galileo Ventures Pty Ltd published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein.