Global VC funding fell 53% YoY to $76B in Q1 2023, down from $162B in Q1 2022, including OpenAI’s $10B and Stripe’s $6.5B; $39.2B went to late-stage startups (Gené Teare/Crunchbase News)
by #AI April 6, 2023 · Automatic
Gené Teare / Crunchbase News:
Global VC funding fell 53% YoY to $76B in Q1 2023, down from $162B in Q1 2022, including OpenAI’s $10B and Stripe’s $6.5B; $39.2B went to late-stage startups — Venture and growth investors in private companies continued to scale back their investment pace in the first quarter of 2023, Crunchbase data shows.
Author: . [Source Link (*), Techmeme]
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