The pace at which startups raise rounds worth $100 million or greater is slowing, according to early data.
Looking at historical periods stretching back a year, TechCrunch’s analysis of Pitchbook data shows Q2 2022 is on pace to undershoot the first quarter’s tally of so-called mega-rounds. And data from Crunchbase shows a similar decline.
When you consider that Q1 2022 saw fewer rounds worth $100 million or more than both the final two quarters of 2021, we’re seeing a slowdown in late-stage, private-market investment.
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It’s not a shock that the there are fewer large venture capital rounds happening. Indeed, we anticipated it, given the retrenchment we’ve seen in software valuations more generally, and the fact that the risk climate for private-market dealm …
