VCs Show 'Flight to Quality' in Q2 Funding Report
Monday, 12 August 2024, 19:49
Understanding the Shift in VC Funding
In the current landscape, Venture Capitalists (VCs) show a marked preference for quality investments. The latest report from PitchBook reveals that total venture funding has reached $2.7B in Q2, representing an upward shift from Q1. However, the overall deal flow reflects a decline, suggesting that investors are becoming more selective.
Projected Funding for 2023
This expectation leads to a projected total funding range of $12-14B for the entire year, signifying a substantial increase compared to the previous year.
- Q2 funding: $2.7B
- Annual projection: $12-14B
- Increased selectivity in deal flow
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.