It was a weak year for VC deal activity across the world in 2023.
It was a weak year for VC deal activity across the world in 2023.
Categories

VC investments and exits were tepid in 2023 | NVCA

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

In 2023, U.S. venture capital deal activity continued its slump from the highs two years ago, and global VC investments fell to the lowest levels since 2019.

In 2023, 15,766 deals were completed in the U.S., but, more importantly for the industry, just $170.6 billion was invested into companies, which is roughly half of the amount invested in 2021 and highlights the shortage of capital availability private companies are facing, according to a report by Pitchbook and National Venture Capital Association.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Written by

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.