25 March 2024•
Based on the number of deals that disclose a funding value, the average round size has been consistently increasing, however the growth is more pronounced in early-stage funding such as with angel, preseed and seed rounds of funding.
Growth stage funding has been consistently increasing across both Series A and Series B rounds of funding.
2023 has been an abysmal year for many countries as startup funding has dried up, which is apparent with the number of deals having significantly dropped from the highs of 2021 and 2022.
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