Thursday, July 6, 2023

PitchBook: US VCs invested $39.8B in Q2 2023 down 50% YoY across 3011 startup deals down 33% YoY with the number of angel or seed deals falling 50% YoY (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg:
PitchBook: US VCs invested $39.8B in Q2 2023, down ~50% YoY, across 3,011 startup deals, down ~33% YoY, with the number of angel or seed deals falling ~50% YoY  —  Venture capitalists are funding fewer startups, especially at the earliest stages of a company's life, according to new data from research firm PitchBook.



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...