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No one told the crypto world that startup megadeals aren’t as plentiful anymore

The pace at which startups raise rounds worth $100 million or greater is slowing, according to early data.
Looking at historical periods stretching back a year, TechCrunch’s analysis of Pitchbook data shows Q2 2022 is on pace to undershoot the first quarter’s tally of so-called mega-rounds. And data from Crunchbase shows a similar decline.
When you consider that Q1 2022 saw fewer rounds worth $100 million or more than both the final two quarters of 2021, we’re seeing a slowdown in late-stage, private-market investment.
The Exchange explores startups, markets and money.
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