The valuations of tech companies declined in the third quarter of 2022, indicating that investors remained cautious and limited their risk exposure compared to the first two quarters of 2022, a new report from market research firm CB Insights found.
Five takeaways from the report:
- Series D and greater financing rounds fell by 27 percent in the third quarter compared to the second quarter.
- Seed and angel investment grew by 29 percent year over year.
- Series C investment fell by 21 percent year over year.
- Series A investment grew by 20 percent year over year.
- Series B investment slipped by 16 percent in the third quarter compared to the second quarter.
Read the full report here.