Despite economic issues, venture capital activity remains strong

Venture capital activity in the first half of 2022 has remained strong despite ongoing economic issues, according to the latest quarterly report released early Thursday by PitchBook-NVCA Venture Monitor.

Reflecting numbers reported in its first look report last week, PitchBook-NVCA noted that while the number of deals continued to thrive, the value of deals has dropped. The megadeals that defined 2021 were also found to have slowed in the first half of 2022 as investors took a more cautious approach. READ MORE