Sarah McBride / Bloomberg:
PitchBook: US VCs invested $39.8B in Q2 2023, down ~50% YoY, across 3,011 startup deals, down ~33% YoY, with the number of angel or seed deals falling ~50% YoY — Venture capitalists are funding fewer startups, especially at the earliest stages of a company’s life, according to new data from research firm PitchBook.