Global venture capital (VC) investment dropped from $83.8 billion in Q4'23 to $75.9 billion in Q1'24 while the number of VC deals dropped from 9,458 to 7,520 over the same period, revealed a study.

According to KPMG Private Enterprise, the fall is attributed to geopolitical tensions, the extended drought in exits among VC-backed companies, and a continued pullback