VC funding rebound not on the cards as market sentiment sinks
Total fundraising for venture capital in Europe in the first half of 2023 was €7 billion, the lowest since the first half of 2018
An expected rebound in venture capital (VC) funding has failed to materialise and it could be some time before the market bounces back, according to Ian Sigalow, co-founder and partner at Greycroft, a leading US VC firm.
Speaking at Irish Start-Up Week NYC earlier this month, Sigalow warned that while there had been expectations that funding for start-ups would resume in the second half of 2023, this hasn’t happened.
“We’re at a standstill right now ...