Gené Teare / Crunchbase News:
Global VC funding fell 53% YoY from $162B in Q1 2022 to $76B in Q1 2023, including OpenAI’s reported $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.
