20 June 2023•
While start-ups around the world who are trying to fundraise are all feeling the effects of the Venture Capital winter, it is likely that start-ups outside of the US will have an even harder time attracting capital for exactly the aforementioned reasons.
According to CB Insights, Q1 2023 saw funding drop by 30% Quarter-over-Quarter, compared to Q4 2022.
African start-ups were hit 2nd hardest, next to Latin American start-ups, and on-par with Asian funding results.
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.