Q4'23 Global VC Deals Hit Lowest Levels Since Q3'16, Despite Sustained Interest In AI

Global Venture Capital (VC) investments sank from $531.4 billion across 51,894 deals in 2022 to $344 billion across 37,808 deals in 2023 amidst a thematic backdrop of geopolitical, macro-economic, and other challenges, including geopolitical conflicts, high interest rates and inflation, a parched exit environment, and ongoing concerns related to start-up valuations, Q4’23 edition of KPMG Private Enterprise Venture Pulse report observed.   

The report, published quarterly, highlighted that America accounted for more than half of VC investment this year ($183.6 billion), while the Asia-Pacific region attracted $92.4 billion and Europe $62.3 billion, last year. READ MORE