Employees of Israel's tech sector are among the 360,000 reservists in the country's military being called up to mobilize for the expected ground invasion of Gaza following weekend attacks by the terrorist group Hamas. Funding to startups in Asia in the third quarter of 2023 saw only a slight drop year to year, a sign that the continent's funding market may be finding its equilibrium. Funding to European startups reached $16.4 billion in Q3 2023 — up by 28% quarter over quarter and flat year over year. Venture funding to Latin America increased a bit in the third quarter of this year, as later-stage dealmaking returned to the region. However, reported seed and early-stage investment was down sharply. While venture funding in Asia is still off even last year's pace, it has slowly crept up from earlier in the year. For weeks it seemed like investors couldn't take part in enough nine-figure rounds. Well, that all stopped this week, as only one round topped $100 million (although by quite a lot!) and rounds all-in-all were relatively small. Crunchbase, Inc. |
Saturday 14 October 2023
Israel's Startup Community Mobilizes After Attacks, And Our Q3 VC Funding Reports
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