Global Startup Funding Falls During the First Two Quarters of 2022

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Reza Pahlevi 13/07/2022 19:40 WIB
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Global Startup Funding Value per Quarter (2018-2022)
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Global startup funding has been declining since the beginning of 2022 until mid-year.

In Q2 2022, funding value dropped 23% (quarter-on-quarter/qoq) to US$108.5 billion. This percentage decline is the worst in almost a decade.

Previously, global startup funding also fell 20% (qoq) to US$141.6 billion in Q1 2022.

This weakening trend resulted in a 43% decrease (year-on-year/yoy) in the emergence of new unicorns, down to 85 companies in Q1 2022.

Startup funding is expected to continue to decline at least until next year, due to the weakening performance of venture capital portfolios and the continued rise in benchmark interest rates in many countries.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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