{"id":66258,"date":"2024-01-04T15:35:22","date_gmt":"2024-01-04T15:35:22","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/01\/04\/big-costly-seed-deals-were-the-exception-in-2023s-lackluster-venture-capital-market-techcrunch\/"},"modified":"2024-01-04T15:35:22","modified_gmt":"2024-01-04T15:35:22","slug":"big-costly-seed-deals-were-the-exception-in-2023s-lackluster-venture-capital-market-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/01\/04\/big-costly-seed-deals-were-the-exception-in-2023s-lackluster-venture-capital-market-techcrunch\/","title":{"rendered":"Big, costly seed deals were the exception in 2023’s lackluster venture capital market | TechCrunch"},"content":{"rendered":"


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Hopes that it would<\/span> become easier for startups to raise capital in 2023 were left unmet as the year ended.<\/p>\n\n

The Exchange explores startups, markets and money. <\/em><\/strong><\/p>\n

Read it every morning on TechCrunch+<\/a> or get The Exchange newsletter<\/a> every Saturday.<\/em><\/strong><\/p>\n\n

New data from business database PitchBook<\/a> paints a modestly dim picture of venture capital investment activity in the fourth quarter of 2023. Per PitchBook\u2019s preliminary count, startups in the U.S. raised 2,879 rounds worth about $37.5 billion in the fourth quarter \u2014 the lowest quarterly deal value since Q3 2019, and the lowest deal count since Q4 2017.<\/p>\n

Across stages, venture capital investment activity in the United States is flagging, and this extends past aggregate figures \u2014 for example, we saw less total capital invested in U.S. startups last year than in 2020.<\/p>\n

However, there is an interesting wrinkle in the data: We saw a decline in the number of seed deals, in keeping with the trend in the rest of the market, but it seems the youngest startups are generally faring better than everyone else. Observe:<\/p>\n