TLDR Founders · HEADLINES & TRENDS

GLOBAL VENTURE FUNDING IN Q1 2024

news.crunchbase.com4 min read

Summary from the TLDR Founders newsletter

Global startup funding in Q1 2024 reached $66 billion, marking a 6% increase from the previous quarter but a 20% decline from the previous year, making it the second-lowest quarter for funding since 2018. Despite a cautious investor outlook, healthcare and AI sectors led the funding, with significant early-stage growth and a late-stage pullback, while the IPO market showed signs of life with successful debuts from companies like Astera Labs and Reddit.