02 November 2023•
In 2023, a 51% dip in first-half VC investments marked a transformative period for the global VC ecosystem, with Q2 being particularly bleak.
The VC Winter had taken root in early 2022, but did not seem to lose any steam going into 2023.
Q2 2023 global venture funding fell to the lowest level in 3 years, since Q2 2020.
But a 11% Quarter on Quarter (QoQ) rebound was witnessed in Q3 2023, when global venture funding jumped to US $64.6 Billion... leavings investors and startup founders alike to ask, "is the VC Winter finally bottoming out?"
We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.