Venture Fell More Than 40% In Hottest States For Funding

Venture funding to the holy trinity of the startup world — California, Massachusetts and New York — fell sharply last year from 2021’s lofty heights.

All three states saw a precipitous drop — more than 40% in each case — in 2022 venture funding to startups based in their borders, according to Crunchbase numbers. Deal flow also fell. READ MORE