August venture funding surges 122% year-over-year despite July dip
Global startup funding hit $42 billion across roughly 1,500 deals last month, per Crunchbase. While the total fell 25% from July’s $56 billion, it more than doubled August 2023’s figure. The streak of billion-dollar rounds persisted, though the pace slowed month-to-month.
Sources: news.crunchbase.com
“The year-over-year jump suggests investors are still deploying capital aggressively, even as monthly volatility hints at shifting deal flow dynamics.”
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- Global Venture Funding Jumps 122% In August As Streak Of Billion-Dollar Deals Continues — news.crunchbase.com
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