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Venture Capital Down Significantly in Q1 2023: Here’s the Data to Know

The results are out for how the U.S. venture capital market fared in the first quarter of 2023, and the news isn’t encouraging. For the fast-growth startup community whose lifeblood depends on available venture capital funding, it’s going to be harder to secure.

Startups around the globe raised a collective $58.6 billion in venture funding in the quarter— down 13% from the last quarter, according to data from CB Insights.

Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

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