Q4 2022
Q4 2022 proved to be a quarter of transition. If you saw our last quarter’s Benchmark Report, you would have read about drops in funding volume across the board; no geography or stage was spared. One can draw many conclusions as to why this occurred: excessive quantitative easing, flood of capital in the market due to COVID, rising interest rates as a response to out of control inflation, geopolitical tensions, etc.
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