Q1 2023 marked a significant industry-wide cooling period, characterized by a sharp decline in private investments, M&A activity, and public offerings compared to previous years of rapid growth.
See it on page 8M&A activity hit a low point in Q1 2023, recording approximately half the volume seen in previous years.
See it on page 5Late-stage funding has stalled significantly, with only two closed transactions recorded throughout the entire first quarter.
See it on page 11Private investment remains the most resilient segment, with early-stage funding continuing to show robustness despite a retreat from record-high deal volumes.
See it on page 4Public offerings remain stagnant with no immediate signs of recovery, driven by high interest rates and bearish public market conditions.
See it on page 6Venture capital firms Andreessen Horowitz, Makers Fund, and BITKRAFT Ventures are currently leading the industry in both deal volume and value.
See it on page 10That's the gist.
Dive into the full report for the data, charts, and sources behind these takeaways.
Read the full report