Venture capital investments worldwide decreased by 35% in 2023 – PitchBook

In 2023, investors invested $345.7 billion in startups around the world. Compared to 2022, this figure decreased by 35%. Moreover, last year’s result was the lowest since 2017. This is evidenced by data from PitchBook, writes Bloomberg.

As for the US, venture capital investments amounted to $170.6 billion, which is about 30% less than in the previous year. The volume of investments was the lowest since 2019.

PitchBook data also shows that over the past 12 months, investors have been investing in AI startups, but the rest of the industry has been in decline.

As for the amount of money raised by venture capitalists, it also fell last year. Globally, this figure dropped by almost half to $160.9 billion, and in the United States by almost two-thirds to $66.9 billion.

Earlier, venture capital company Atomico predicted that the amount of capital invested in European tech startups would decrease in 2023 to $45 billion. This is a 55% decrease compared to 2021, when the volume of investments exceeded $100 billion for the first time.

In 2022, the capital invested in European tech startups amounted to $82 billion. The reasons for the decline include the fact that companies at later stages of development postponed fundraising.