US VC finds its footing as headwinds weaken
The first half of the year delivered more challenges to venture capital, but those headwinds may be weakening, according to our first look at data from the Q2 2023 PitchBook-NVCA Venture Monitor, sponsored by Insperity, J.P. Morgan, and Dentons.
Valuations continued to fall, but quarterly capital raised by startups has been relatively steady for the past three quarters. Much depends on the revival of the exit environment and, by extension, the flow of capital back into new funds.