With a total of 8,553 venture capital (VC) funding deals with disclosed funding values announced during the first half (H1) of 2023, the volume of these deals declined by 35.3% year-on-year (YoY) compared to 13,223 VC deals in H1 2022, said a study.

However, the decline was more prominent for high-value deals, according to the analysis by GlobalData.

The deal