
Show me the money – Venture Capital in 2023
The global startup ecosystem has become a driving force for innovation and technological enhancement. Giants like Uber and Airbnb were once startups, while new kids on the block like OpenAI are taking the world by storm. Let’s explore what venture capital (VC) funding looks like in 2023, and where the future of startups goes from here.
Where’d the money go?
Just one year ago, it seemed like a new startup was announcing a $50m funding round every other day. Super-apps, driverless cars, clothes made out of mushrooms (yep, this is a real thing) appeared out of nowhere to much fanfare and much funding. The sky really was the limit, and it was an exciting time to be in the startup industry. According to Dealroom, Q4 2021 saw the most money raised ever, with a total of $219B raised worldwide in various rounds.
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