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Q4'23 Global VC deals hit lowest levels since Q3'16, despite sustained interest in AI: KPMG

OutlookIndiaOutlookIndia · 1y ago
Q4'23 Global VC deals hit lowest levels since Q3'16, despite sustained interest in AI: KPMG
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Global venture capital investments experienced a significant decrease from $531.4 billion in 2022 to $344 billion in 2023, with geopolitical conflicts, high interest rates, and a tough exit environment being key challenges. America accounted for the majority of VC investment, while Asia-Pacific and Europe attracted $92.4 billion and $62.3 billion, respectively. Q4 of 2023 saw the lowest global investments since mid-2019, with European and Asia-Pacific regions also experiencing declines. However, AI-focused startups continued to attract investments, and the global VC market is expected to remain subdued in Q1 of 2024 due to various factors, including high interest rates.

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