US startup funding slashes by 30% in 2023, AI remains in focus – Republic World

Startup funding in USA: Investment from US backers into startups totalled $170.6 billion in 2013, marking a decline of approximately 30 per cent compared to the $242.2 billion registered in the previous year, as per data disclosed by PitchBook on Thursday. The venture capital landscape faced challenges with revaluations amidst escalating interest rates.
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