Though information of potential rate of interest cuts has led to optimism that the IPO window would possibly reopen and issues would possibly enhance in startup land, it seems the worldwide enterprise capital market has but to degree out: Early knowledge from PitchBook signifies world VC funding in startups continued to slip within the fourth quarter of 2023.

The Trade explores startups, markets and cash.

Learn it each morning on TechCrunch+ or get The Trade e-newsletter each Saturday.

Whereas issues are down sharply in america in comparison with the heady days of 2021, funding tendencies appear to have largely reached a brand new regular — U.S. startups raised $37.5 billion in This autumn 2023, which wasn’t a lot lower than the $37.6 billion they raised in Q2 2023 and the $39.8 billion in This autumn 2022.

In distinction, right here’s what’s occurring globally:

Knowledge from PitchBook. Picture Credit: Alex Wilhelm / TechCrunch

We’re nonetheless happening, of us!