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PitchBook-NVCA Venture Monitor First Look

Q4 2023

PitchBook-NVCA Venture Monitor First Look

January 3, 2024

First look at year-end data for global VC markets

The collapse of Silicon Valley Bank. A frozen IPO market. Down rounds galore. Venture capitalists are closing the books on a tough year, in which VC deals, exits, and fundraising all plunged. 

According to PitchBook's First Look data packs, global VC funding fell to roughly $345 billion, down from $531 billion in 2022. The decline in VC fundraising was even steeper, with firms collecting $161 billion versus $307 billion a year ago. Dive into data packs covering the global and European VC ecosystems, in addition to the PitchBook-NVCA Venture Monitor First Look at US data.