Link to original article: Q4 2023 PitchBook-NVCA Venture Monitor First Look
First look at year-end data for global VC markets
The collapse of Silicon Valley Bank. A frozen IPO market. Down rounds galore. Venture capitalists are closing the books on a tough year, in which VC deals, exits, and fundraising all plunged.
According to PitchBook’s First Look data packs, global VC funding fell to roughly $345 billion, down from $531 billion in 2022. The decline in VC fundraising was even steeper, with firms collecting $161 billion versus $307 billion a year ago. Dive into data packs covering the global and European VC ecosystems, in addition to the PitchBook-NVCA Venture Monitor First Look at US data.