Raising valuable funds for your business is difficult and will only become tougher. A combination of geopolitical instability, macroeconomic headwinds, and a drying up of IPOs and acquisitions is making investors ever more cautious. According to a KPMG report, in Q4 2023 global VC investment dropped to $74.9 billion, a significant drop from $85.4 billion in Q4 2022. This represented a 12.4% decline in quarter-over-quarter investment. UK VC investment fared even worse in this quarter-over-quarter period, declining by 21.3% from $6.1bn (Q4 2022) to $4.8bn (Q4 2023) (KMPG Venture Pulse Report).
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- Publication date
- 9 April 2024
- Author
- European Innovation Council and SMEs Executive Agency