"2023 Marks a Five-Year Low in Tech Venture Capital and Startup Funding"
TL;DR Summary
U.S. venture capital deals in 2023 dropped to the lowest level since 2019, with a total investment of $170.6 billion across an estimated 15,000 deals, marking a 30% decrease from 2022. Despite the overall downturn, artificial intelligence startups continued to attract significant investment.
Topics:business#artificial-intelligence#business-and-finance#funding#pitchbook#startups#venture-capital
- Silicon Valley VC Startup Funding Last Year Worst Since 2019 Bloomberg
- US venture capital fundraising hits a 6-year low Financial Times
- VC funding declines in 2023, falling to a five-year low Yahoo Finance
- Tech Startup Funding Falls to 4-Year Low PYMNTS.com
- Big, costly seed deals were the exception in 2023’s lackluster venture capital market TechCrunch
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