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Global Venture Funding Increased in Q3 2023 to Reach $64.6 Billion, Up 11% From the Previous Quarter

October 13, 2023
Source: techstartups.com techstartups.com
News Snapshot:
CB Insight has released its highly anticipated “Q3 2023 State of Venture Report,” bringing with it some good news on the global venture funding front. According to the report, the funding landscape experienced a significant resurgence as global venture funding rose to an impressive $64.6 billion in Q3 of 2023, marking an encouraging 11% increase compared to the previous quarter. This boost was attributed, in part, to substantial deals within technology sectors such as electric vehicles, sustainable manufacturing, and artificial intelligence. But when delving deeper into the funding data, the picture becomes more complex. The overall increase wasn’t the result...
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