Venture deals in U.S. fell to lowest level since 2017 in Q1: PitchBook
The dearth of dealmaking shows that, despite a rebound in tech stocks last year and continuing hype around generative AI, venture capitalists are still largely on the sidelines. Startup financings soared to record levels in 2021, before slowing dramatically the following two years as inflationary concerns and rising interest rates pushed investors into safer assets …
