TLDR:
– US startup funding dropped by nearly 30% in 2023, reaching $170.6 billion, according to PitchBook data.
– The decline in funding is attributed to valuation resets
US Startup Funding Plummets Amid AI Craze: Unveiling the Reality
Latest from Blog
Embrace the Sun: Accelerate Joint Ventures with Capital Boost
TLDR: Cherish Sunshine International Limited has announced a capital increase for JV Company I, with partners Chenghui New Energy and Jiangyin Daxiang contributing additional funds. However, the financial results of JV Company
African Startups with Multi-Million Dollar Exits: Paystack & More
TLDR: A new study has found that eating nuts may play a key role in preventing weight gain Researchers analyzed data from over 280,000 adults and found that those who ate nuts
Revolutionizing Venture Capital: AI and Crypto Unite for Decentralization
TLDR: AI and crypto are revolutionizing venture capital and finance. Decentralized platforms are changing how investments are made. Article Summary: The article explores the intersection of artificial intelligence (AI) and cryptocurrency in
Why Dash Gets the Green Light Over Ethereum and Layer-2s
TLDR: Layer-2 scaling solutions for Ethereum are gaining popularity but are facing concerns about centralization and security flaws. VC founder Justin Boons criticizes Ethereum and its layer-2 platforms, endorsing Dash for prioritizing
Stable Investments on the Rise in Latin America
TLDR: Lavca reports stable investment levels in Latin America, with over US$1.7bn invested in 217 deals during 1H24. The region has seen a shift towards local fund managers investing in startups. Lavca,