It’s been a frightening year to be running a startup, rising interest rates have taken the cheap money out of the market
And startups have bore the brunt. But are things about to turn around?
With all the buzz around A.I. and tech at the moment, you might think there’s a lot of interest in venture capital.
But the past financial year has been a bloodbath for many startups.
VC funding this year in Australia has been its lowest since 2019.
And that trend is mirrored in the U.S. as well, where funding this year has been about half what it was in 2021.
Israel has also seen similar drop offs as well.
So it’s a global issue.
