Global venture capital investment fell 68.9% year over year in January to $18.18 billion from $58.49 billion. The number of funding rounds with venture capital participation was down 52.6% to 1,059 rounds, from 2,238 rounds in January 2022, said a study.

The total amount raised declined from $19.71 billion in December 2022 via 1,104 rounds, according to S&P Globa