Pitchbook and the NVCA have initial results for Q1 venture investments.

NVCA: Startups faced headwinds in the Q1 U.S. venture market

The first three months of 2022 showed that startups ran into economic headwinds while raising money from U.S. venture capitalists, according to early results from data collected by the Pitchbook and the National Venture Capital Association (NVCA).

The change in economic conditions is a lagging indicator and so the NVCA believes that this change will be reflected more in the upcoming quarters. The full report will come out later from the PitchBook-NVCA Venture Monitor.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.