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Venture funding tanks after Silicon Valley Bank collapse
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The venture funding spigot, which gushed like a fire hose in 2021 and early 2022, is all but drip-drip-drip now.
By the end of the first quarter of 2023, the fundraising momentum that began in 2021 had largely evaporated, with $11.7bn closed across 99 funds in the US — on track for the worst performance since the fourth quarter of 2017, according to a PitchBook-NVCA Venture Monitor report issued late 5 April.
Late-stage...
Read more on fnlondon.comAbout this in other media
Senator Warren and Rep. AOC Investigate Silicon Valley Bank's "White Glove" Treatment of Crypto Firms – Regulation Incoming? cryptonews.com /1 year ago
Brooklyn court charges former banker for allegedly defrauding crypto investors cointelegraph.com /1 year ago
IMF warns of fresh risks in banking after Credit Suisse, US banks collapse fnlondon.com /1 year ago
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