TLDR: In Q4 of 2023, the DC venture capital market saw a significant increase, with companies raising $2 billion across 58 deals. This marked a 250% jump from the previous quarter and brought the total raised in 2023 to nearly $5 billion. Some of the top deals included JUUL’s $1.27 billion raise, nuclear energy company X-energy’s $80 million Series C, and Urgently’s $84.7 million round. Despite uncertainty in the market, VC professionals are optimistic about 2024, especially in industries like artificial intelligence.
DC venture capital saw a strong Q4 in 2023, with companies raising $2 billion across 58 deals. This marked a significant increase from the previous quarter and brought the total raised in 2023 to nearly $5 billion.
Some of the top deals in Q4 included JUUL’s $1.27 billion raise, nuclear energy company X-energy’s $80 million Series C, and Urgently’s $84.7 million round.
Despite uncertainty in the market, VC professionals are optimistic about 2024, especially in industries like artificial intelligence.
