# US startup funding fell nearly 30% in 2023 as VC dry-up followed rate hikes

Date: 2024

_No public text on this fact yet._

## Drivers

- Entrepreneurial Activity: https://factrail.ai/drivers/entrepreneurial-activity

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/us-vc-funding-drop-2023-pitchbook-reuters