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Global Venture Funding Dips Below Average in October 2023
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Global venture funding in October 2023 reached $21 billion, below the average monthly funding amount for 2023. Seed and early-stage funding decreased by about a third, while late-stage funding declined by 18%. U.S. companies received $11 billion in venture funding, accounting for over 50% of the total global funding.
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How might the decline in funding impact the growth of startups?
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What factors contributed to the decrease in venture funding?
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