The global venture capital (VC) market is going through an undeniably rough phase caused by a seemingly unending stream of economic and geopolitical issues, simultaneously occurring across all corners of the globe. According to KPMG's "Venture Pulse Q3 2023" report, worldwide VC investment dropped to a sixteen-quarter low in Q3 2023. Many market players feel concerned by the historically high number of down rounds, the overall slowdown in the speed of VC deals and the protracted lack of exit opportunities.

Based on CB Insights' "State of Venture Q3 2023" report, 9M of 2023 showed the lowest results in the amount of funding received by startups since the same period in 2019. The number of deals is also slightly lower: 21,216 deals during 9M of 2023 versus 22,992 deals within the same time frame in 2019. READ MORE