According to CB Insights, 2022 saw fewer exits and venture deals than 2021. Their State of Venture report showed that total venture funding in 2022 amounted to $415.1 billion, or 35% less than in 2021.
Also, according to the PitchBook-NVCA Venture Monitor report, deal count was stable, with 2022's estimated deal count approaching 2021's figure. But a looking at quarterly data reveals that Q4 2022 had the lowest deal count, which doesn't necessarily bode well for 2023.
Despite what appear to disappointing statistics, we have good news!
Our partner GoVenture believes that the BEST time to be investing in new businesses is during economic hard times. As long as your project is looking good, GoVenture is there to help with capital injections to help you through difficult times.
