Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Startup Funding Hits Five-Year Low, Web3 and Metaverse Lose Appeal Among Investors in 2023

Startup Funding Hits Five-Year Low, Web3 and Metaverse Lose Appeal Among Investors in 2023

CointimeCointime2024/02/02 12:15
By:Cointime

Despite a decrease in startup funding and valuations, there is optimism for a year of stability and predictability among investors and entrepreneurs. However, even cybersecurity funding has been affected by the downturn, with only $8.2 billion invested in startups globally last year. Seed funding has remained strong, with U.S. seed investment increasing by 10% in 2022. The bar for raising a seed round is higher than ever, and Web3 and the metaverse are no longer as popular. Investors are now turning to AI-based startups, which raised nearly $50 billion in 2023, but early-stage AI investment may cool off due to legal implications. MA dealmaking for venture-backed startups has decreased globally, with buyers waiting for valuations to drop further.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

UK Finance Minister calls for ‘ambitious new relationship’ with EU while navigating US tariffs impact

Share link:In this post: UK Finance Minister Rachel Reeves urges a bold reset in relations with the European Union to eliminate trade barriers and rebuild post-Brexit trust. Reeves warns that Donald Trump’s newly imposed tariffs could devastate the UK economy and ripple across global markets. In response to rising trade tensions, the UK government unveils a £20 billion boost in export financing to support struggling industries and supply chains.

Cryptopolitan2025/04/14 03:12