Global venture capital deal value dropped 68.9% year over year (YOY) in January to $18.18 billion from $58.49 billion, said a study.

According to S&P Global Market Intelligence data, the number of funding rounds with venture capital participation was down 52.6% to 1,059 rounds, from 2,238 rounds in January 2022. The total amount raised declined from $19.71 billio