US startups raise $45.6 billion venture funding in January-April 2023, reveals GlobalData
May 17, 2023 (Investorideas.com Newswire) A total of 2,577 venture capital (VC) funding deals were announced in the US during January to April 2023 while the disclosed funding value of these deals stood at $45.6 billion, finds GlobalData, a leading data and analytics company.
An analysis of GlobalData's Financial Deals Database reveals that VC deals volume in the US declined by 44.3% year-on-year (YoY) during January-April 2023 compared to the 4,629 VC deals announced during January-April 2022. Meanwhile, the corresponding VC deal value also declined by 51% YoY compared to $93 billion in January-April 2022.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: "Economic uncertainties followed by increased interest rates and market volatility have been making VC investors adopt a conservative approach. Resultantly, there has been a subdued VC funding activity across most of the key markets and the US is not an exception."
Despite the decline, the US maintained its attractiveness and continued its dominance in the global VC funding landscape and accounted for 36.9% of the total number of VC deals announced globally during January to April 2023 and 53.6% of the corresponding deal value.
Some of the notable VC funding deals announced in the US during January to April 2023 include $6.5 billion raised by Stripe, $500 million raised by Rippling, $500 million raised by Sandbox AQ and $350 million raised by Adept.
For more information
To gain access to our latest press releases: GlobalData Media Centre
Analysts available for comment. Please contact the GlobalData Press Office:
EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809
Notes to Editors
- Quotes are provided by Aurojyoti Bose, Lead Analyst at GlobalData
- The information is based on GlobalData's Financial Deals Database
- This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData's team of industry experts.
4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/