The global venture landscape faced a challenge in 2022 with funding taking a sharp 35% dip from the previous year.
Despite the slowdown, the US maintained its position as the leading contributor, accounting for nearly half of all funding and a third of all deals. However, the number of deals and funding for US startups both saw a decrease. Exits, including IPOs and M&A deals, also took a hit, with SPAC deals experiencing the largest drop of 44%.
Unicorn births and mega-rounds also declined, yet Africa-based companies recorded a surge in funding, reaching a new annual high. Get the inside scoop on the state of venture in 2022 with the full report, a comprehensive examination of the trends and developments.
Full Report: HERE (CBInsights)
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