Both the number of VC deals and the total VC investment in Europe fell for the fourth straight quarter, dropping from $15.7 billion in Q4’22 to $9.8 billion in Q1’23.
Global VC investment was $57.3 billion in Q1’23 the lowest level of quarterly investment since Q2’17, and a sharp decline both quarter-over-quarter (compared to $86 million in Q4’22) and year-over-year (compared to $177.6 billion in Q1’22).
Institutional investors are incorporating environmental, social and governance factors into investment decision-making this year at the lowest rate since 2017, Callan data shows.