Analytics

Data-driven breakdowns of funding trends, benchmarks and markets
Analytics March 18, 2024

From Ashes to Riches: How Startups Secured $3B in Venture Debt Revival

The collapse of Silicon Valley Bank (SVB) sent shockwaves through the venture debt market, plunging it into a deep abyss. Venture debt, a lifeline for many startups, saw a staggering $7.7B decline in the first half of 2023 compared to the previous year. Early-stage and pre-seed to seed startups faced the brunt of this downturn, with venture debt plummeting by a whopping 57% and 59%, respectively, according to the Wall Street Journal.