Global startup funding fell 23% in Q2: report

According to a recent report from CB Insights, global funding for startups fell 23% in the second quarter of 2022 from the first quarter, with $108.5 billion invested across 7,651 deals.

This marked the biggest quarterly percentage drop in deals (and the second-largest drop in funding) in a decade, the report said. Despite the steep dive, funding and deal numbers remained above 2020 levels.