VC funding in Austin falls to 2020 levels


Few founders and venture capitalists will be surprised to see that venture funding rounds have decreased in recent months, given the interest rates, exit climate and uncertainty experienced this year.

Austin-area startups raised $701 million in this year's third quarter across 70 deals, according to a new Pitchbook report. That's down from $850 million raised across 96 deals in Q2. It's also a continuation of the decline we've seen after our record-breaking first quarter, which saw $2.5 billion…

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