Though things are slowing down, Arizona has seen other recent quarters with even lower investment amounts. phoenix azinno
Venture capital deals have continued slowing down amid increasing economic headwinds across the nation during the third quarter, and it is no different in Arizona.
That’s the lowest quarterly number of Arizona deals this year, and it’s even a lower number than 2019’s pre-pandemic Q3 count of 49. What's more, the money invested was a far cry from last year’s $652.9 million third quarter as the Grand Canyon State continued to build momentum during a supercharged 2021 that saw $2.02 billion invested in Arizona companies.
In all, $43 billion was invested nationwide in a little more than 4,000 deals during Q3. Total dollars invested in late-stage venture capital deals were down 48.3% from the second quarter and were the lowest in the past 11 quarters. Pitchbook said that reflected the fact that nontraditional investors, who are the largest drivers of mega deals and the overall growth seen at the top of the market, have been backing away faster than the broader venture market.
Exits have dipped significantly, Pitchbook said, with $14 billion in value through about 300 exits during Q3. The report said that 2022 is on pace to fall below $100 billion for the first time since 2016.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
GBP/JPY Price Analysis: Bounces off weekly lows, though stalls at 163.00The GBP/JPY slightly advances as the Asian session begins, following a positive trading session for the British pound, which recovered Tuesday’s losse
Consulte Mais informação »
Learning to swim: News4JAX traffic anchor Amanda DeVoe gives update on swim lessonsEven though summer is over, lifeguards are still warning people that drowning can happen year-round.
Consulte Mais informação »
Fleet Week, Blue Angels cancel Sunday air show due to fogFog had also postponed Saturday's festivities in the sky, though they did eventually go through.
Consulte Mais informação »
We sat in on John Fetterman’s endorsement interview. Here’s what he said about Bob Casey, abortion and inflation.Democrat John Fetterman said he'd prioritize 'forgotten communities,' abortion rights, and the minimum wage if he's elected to the Senate, though he was often vague on more detailed policy questions.
Consulte Mais informação »
St. Louis is the most dangerous US city to live in, study findsThough it is one of the most popular American cities to visit, St. Louis is one of the most dangerous cities to live in, a new study found.
Consulte Mais informação »