Amid uncertainty and a staggering macroeconomic environment, VC activity and deal value also, unsurprisingly, dropped.
But what will thefundingecosystem look like in 2024?
And, more importantly, will it bring cause for hope for startups and investors alike?
But potentially profitable startups could still see valuations upon IPOs with investors willing to pay higher multiples.
On the bright side, VC fundraising levels will at least match those of 2023.
Recovery has begun, supported mostly by larger funds.
It’s free, every week, in your inbox.
At the same time, investors may also target less saturated nations with fewer competitors.
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.
