The slowdown in venture-capital funding extends to early-stage startups, one of the biggest investment declines in that segment of the market in more than a decade.
In the second quarter, venture capitalists invested nearly $16 billion in US early-stage deals — known as Series A and B rounds — up 22% from the year-ago period, according to Pitchbook Data Inc. Shortage. It’s the biggest quarterly year-on-year decline in early-stage funding since at least 2010, with the exception of a fall in the second quarter of 2020, when investors took some time off amid the onset of the global pandemic. pulled back.