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What Will Happen In 2024

A VC: Musings of a VC in NYC

As we enter 2024, the capital markets have found their footing and are moving higher. That is good news for the innovation economy because healthy capital markets are a necessary support system. However, optimistic capital markets are necessary but not sufficient for a healthy innovation economy. We also need innovation.

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The global venture capital market is not done retreating yet

TechCrunch

The situation has been worsening, and if this continued weakness persists in 2024, we could start to see global VC investment retreat to prior norms. © 2023 TechCrunch. All rights reserved. For personal use only.

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3 Black founders predict little will change in VC in 2023

TechCrunch

For Black founders, who have rarely received more than 1% of total venture capital invested in startups, 2022 wasn’t kind, and 2023 doesn’t look promising given how things are going. I am keeping an eye on the economy and how it affects the speed of deploying capital to founders. How has it impacted you as a founder?

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GlobalData Report: China Sees $6.4 Billion VC Funding in First Two Months of 2024, Despite YoY Decline

AsiaTechDaily

In January 2024, China saw the announcement of 251 venture capital (VC) funding deals, with a disclosed funding value of $2.6 billion, marking a decline of 8.4% in deal volume and 31.4% in funding value compared to the same period last year, according to GlobalData, a prominent data and analytics company.

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SG’s Equatorial Space bags $1.5m in Seed funding

AsiaTechDaily

The round was also joined by SEEDS Capital and Masik Enterprises. The first launches of the Dorado rocket are slated for mid-2024. VC is a Singapore-based early-stage VC fund investing in technologies of the future and founders that create emergent industries with a global impact. million in seed funding led by Elev8.VC.

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Energy Dome gets $44M uplift into its CO2 battery for renewable energy storage

TechCrunch

The round was co-led by Eni Next, the corporate VC arm of Italian energy giant Eni; along with Neva SGR, the VC company owned by European banking group Intesa Sanpaolo. Existing investors also participated, including Barclays’ Sustainable Impact Capital, CDP Venture Capital, Invitalia, Novum Capital Partners and 360 Capital.

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Massive Acquisitions in Software Startups

Tomasz Tunguz

X 2022 24.9% - 2023 46.2% - 2024 55.4% - The relatively constant drumbeat of smaller acquisitions provides liquidity essential for the venture capital ecosystem, both for venture capital firms to recycle and reinvest and also for founders to generate significant outcomes and potentially try again. X 2021 43.8%

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