Venture funding falls in Q3
Venture investing slumped in the third quarter as money going to U.S.-based startups fell 32 percent, which was led by a big drop in late-stage financings. The quarter saw $15 billion go to 1,810 deals, the smallest sum since the start of 2014, according to PitchBook and the National Venture Capital Association. It is a significant decline from the $22.1 billion that went into 2,034 deals in the second quarter. The third quarter is the first the NVCA has relied on PitchBook data for its venture activity report, dubbed the Venture Monitor.
6 October 2016•1 min read
