Venture capital investments in Michigan companies fall again in 2023 ...Middle East

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Venture capital investments in Michigan companies fall again in 2023
Venture capital investing dipped in Michigan in 2023, trailing a sharp national decline in deal volume and the amount of funds invested.  Last year, venture capital investors put $1.05 billion into 169 deals for Michigan-based companies, the second straight year for decline, according to a quarterly report by PitchBook and the National Venture Capital Association.  The 2023 results compared to $1.08 billion invested in 186 companies in 2022.  While both the annual deal volume and the amount of funds invested in the state were off from the peak in 2021, they remained well above any year prior to 2020. As well, Michigan largely avoided the steep nearly 30

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