In contrast, funding for seed and early-stage companies hit its lowest points since Q3 2022.
Specifically, late-stage funding doubled quarter over quarter, reaching $10.5bn (10bn) in total.
Alongside its 30% year-over-year drop, it also fell by 25% quarter over quarter.
40% off TNW Conference!
Their share reached approximately 23%, while VC funding in North America remainedflat.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
