Growth, expansion, and late-stage VC funding rounds fell by 36.5% in 2023, while early-stage funding rounds declined by 27.9%
March 5, 2024 (Investorideas.com Newswire) A total of 2,326 growth, expansion, and late-stage venture capital (VC) funding rounds (Series B onwards) were announced globally during 2023, which is a decline of 36.5% over the announcement of 3,665 growth, expansion, and late-stage VC funding rounds in 2022. Meanwhile, a total of 9,273 early-stage VC funding rounds (comprising Seed and Series A funding rounds) were announced globally during 2023, which is a decline of 27.9% over the announcement of 12,860 early-stage funding rounds during the previous year, according to GlobalData, a leading data and analytics company.
An analysis of GlobalData's Deals Database revealed that a total of 11,599 VC funding deals with disclosed funding rounds were announced globally during 2023, which was a year-on-year (YoY) decline of 29.8% compared to the 16,525 VC deals with disclosed funding rounds announced during the previous year.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: "Even though all the VC funding rounds experienced setbacks, growth, expansion, and late-stage funding rounds seem to be affected most as these experienced a relatively higher decline in volume compared to early-stage funding rounds."
Bose adds: "Despite the decline, early-stage funding rounds have continued to dominate the VC funding landscape."
Early-stage funding rounds accounted for 79.9% of the total number of VC deals with disclosed funding rounds announced globally during 2023. Meanwhile, the share of growth, expansion, and late-stage funding rounds stood at 20.1% during the year.
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.
About GlobalData
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