Gené Teare / Crunchbase News:
Global VC funding fell 53% YoY to $76B in Q1 2023, down from $162B in Q1 2022, including OpenAI’s $10B and Stripe’s $6.5B; $39.2B went to late-stage startups — Venture and growth investors in private companies continued to scale back their investment pace in the first quarter of 2023, Crunchbase data shows.